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January 17, 2013
09:05 EDTACAS, JAHAmerican Capital receives $60M from sale of Lifoam Holdings
American Capital (ACAS) announced that its portfolio company Lifoam Holdings was sold to Jarden (JAH) on December 31. American Capital received $60M in debt and equity proceeds and realized a gain of $14M, subject to post-closing adjustments. American Capital's compounded annual rate of return earned on its debt and equity securities over the life of its investment was 11%, including interest, dividends, capital gain and fees.
News For ACAS;JAH From The Last 14 Days
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October 23, 2014
08:53 EDTJAHJarden expects margin improvement in Q4
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08:52 EDTJAHJarden backs FY14 EPS guidance of 'in-line with street estimates'
The company sees foreign exchange rate, excluding Venezuela, impacting FY14 revenue by $60M-$90M. The company expects to generate $650M in cash flow from operations in FY14. Management stated that the company is mindful of movements in the Euro. Currency was a mild headwind in FY14 and could have a significant impact on FY15. Comments provided during Q3 earnings conference call.
07:46 EDTJAHJarden anounces 3-for-2 stock split
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07:23 EDTJAHJarden reports Q3 adjusted EPS $1.17, consensus $1.16
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