09:46 AM EST - Finning International Inc. : said that it is hosting its annual investor meeting today. Finning's senior management will provide an update on business activities and review the company's outlook for 2010. Business conditions are expected to improve later in 2010. The company now anticipates earnings in 2010 to be up modestly over 2009. The company expects to generate in excess of $200 million of free cash flow in 2010 and to continue to strengthen its balance sheet. The net debt to total capital ratio is expected to decline to 35% - 40% by the end of 2010. The strong free cash flow and balance sheet will position the company well to take advantage of future opportunities. Finning International Inc.
shares T.FTT are trading down $0.15 at $16.04.
