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Stock Market & Financial Investment News

News Breaks
April 24, 2012
14:00 EDTCLS, RIMMCelestica sales growth to be challenging this year, says Deutsche Bank
Deutsche Bank attributes Celestica's (CLS) lower Q2 guidance to weakness in the Consumer segment, where it points out Research in Motion (RIMM) is a top customer. The firm thinks uncertainty at RIM creates an overhang for Celestica and expects the company's sales growth to be more challenging this year. Deutsche lowered its price target for Celestica shares to $9 from $10 and keeps a Hold rating on the name.
News For CLS;RIMM From The Last 14 Days
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October 24, 2014
17:03 EDTCLSCelestica CEO enters automatic securities disposition plan
Celestica announced that Craig Muhlhauser, President & CEO, has entered into an automatic securities disposition plan. The ASDP was designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and applicable Canadian provincial securities laws. The ASDP provides for the sale by an independent broker of up to 274,992 subordinate voting shares between November 23, 2014 and October 30, 2015, pursuant to pre-determined timing and other criteria, and subject to minimum price thresholds specified in the plan. Muhlhauser is also subject to meaningful restrictions on his ability to modify, amend or terminate the plan.
October 21, 2014
16:17 EDTCLSCelestica CEO Craig Muhlhauser to retire by 2015 end
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16:16 EDTCLSCelestica sees Q4 EPS 21c-27c, consensus 26c
Sees Q4 revenue $1.375B to $1.475B, consensus $1.5B.
16:14 EDTCLSCelestica reports Q3 EPS 26c, consensus 24c
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