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Stock Market & Financial Investment News

News Breaks
November 6, 2012
15:04 EDTSPA, CWT, PRA, ALTE, TX, NWSA, ACMPCompanies reporting After the Market Close on Tuesday, November 6
Notable companies reporting after the bell include Access Midstream Partners (ACMP), Alterra Capital Holdings (ALTE), California Water Service Group (CWT), News Corp (NWSA), ProAssurance (PRA), Sparton (SPA) and Ternium (TX).
News For ACMP;ALTE;CWT;NWSA;PRA;SPA;TX From The Last 14 Days
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April 16, 2015
09:01 EDTTXTernium says Usiminas share buying triggered mandatory tender offer
Ternium made a public statement with respect to the decision by the staff of the Brazilian securities regulator, the CVM, that determined that Ternium's acquisition of 51.4M ordinary shares of Usinas Siderúrgicas de Minas Gerais, or USIMINAS, completed on October 30, 2014, triggered a requirement under applicable Brazilian laws and regulations for Usiminas' controlling shareholders to launch a tender offer to all non-controlling holders of Usiminas ordinary shares. The CVM staff's determination was made further to a request by Nippon Steel & Sumitomo Corporation and its affiliates, who alleged that Ternium's 2014 acquisition had exceeded a threshold that triggers the tender offer requirement. In the CVM staff's view, the 2014 acquisition exceeded the applicable threshold by 5.2M shares. Ternium said it will assess its options with respect to such determination, including taking the matter to the CVM's Board of Commissioners. An appeal before the CVM's Board of Commissioners would stay the effects of the staff's decision until such Board rules on the matter. Alternatively, under applicable CVM rules Ternium may also elect to sell to third parties the 5.2M shares allegedly acquired in excess of the threshold, in which case no tender offer would be required.
April 15, 2015
10:46 EDTTXBofA/Merrill metals/mining/steel analysts hold analyst/industry conference call
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April 14, 2015
16:28 EDTSPASparton to hold a conference call
Conference call to discuss the merger with Hunter Technology Corporation will be held on April 15 at 9 am. Webcast Link
16:09 EDTSPASparton enters into second amendment in agreement with several banks
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16:07 EDTSPASparton subsidiary completes merger with Hunter Technology
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06:20 EDTNWSAAmazon, HarperCollins reach agreement on publishing pact, WSJ reports
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