09:55 AM EST - Wajax Corporation : Announced its 2015 fourth-quarter results, including a goodwill and intangible asset impairment charge, plans to reorganize its business segments and the entering into of an agreement to acquire Wilson Machine Co. Ltd. Consolidated fourth-quarter revenue of $324.4 million decreased $61.7 million, or 16%, compared to last year. A net loss for the quarter of $33.3 million, or $1.66 per share, included a $41.2-million ($37.3 million after-tax) impairment of goodwill and intangible assets related to the Power Systems and Industrial Components segments. Excluding the asset impairment expense and 2014 restructuring recovery, adjusted net earnings of $4.0 million, or $0.20 per share, declined from $11.0 million, or $0.66 per share, recorded in 2014. Wajax Corporation
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