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Stock Market & Financial Investment News

News Breaks
February 26, 2013
05:55 EDTCLX, CLX, BEN, BEN, CACB, CACB, TYC, TYC, DLPH, DLPH, KFY, KFY, RCII, RCII, AVP, AVPCorporate Board Member to host a summit
2nd Annual West Coast Boardroom Summit is being held in Scottsdale, Arizona on February 26-27.
News For CLX;BEN;CACB;TYC;DLPH;KFY;RCII;AVP From The Last 14 Days
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February 27, 2015
07:53 EDTCLXKraft, Mondelez, others give statements at CAGNY conference, The Deal says
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February 19, 2015
10:44 EDTAVPOptions with decreasing implied volatility
Options with decreasing implied volatility: VDSI KING ZU AVP GRPN SKX TRIP YPF UPL CYBR
08:13 EDTDLPHDetroit Economic Club to host a luncheon meeting
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05:39 EDTDLPHDelphi Automotive agrees to sell thermal business to MAHLE
Delphi Automotive announced that it has entered into a definitive agreement to sell its wholly-owned thermal business to MAHLE GmbH for cash consideration of approximately $727M, subject to closing adjustments, which represents an implied EV/LTM EBITDA multiple of approximately 9.5x. The transaction is expected to close in the third quarter of 2015, subject to regulatory approvals. Proceeds from the transaction will be used to fund growth initiatives, including acquisitions and share repurchases. Delphi and MAHLE also signed a separate letter of intent to sell Delphi’s stake in Shanghai Delphi Automotive Air-Conditioning System. Proceeds from this transaction will be in addition to the $727M paid for the wholly-owned operations. Delphi’s Thermal division had 2014 revenues of $1.6B, with approximately 6,700 employees and 13 plants globally. The results of operations of the Thermal division business will be reported as discontinued operations beginning in the first quarter of 2015.
February 18, 2015
14:38 EDTCLXClorox sees lower oil prices becoming a tailwind later in year
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14:37 EDTCLXClorox says strength for company is in North America
The CEO of Clorox is speaking in a CNBC interview.
10:52 EDTTYCTyco call volume attributed to takeover speculation
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10:46 EDTTYCRumor: Tyco strength attributed to takeover speculation
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10:32 EDTAVPOptions with decreasing implied volatility
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February 17, 2015
10:51 EDTAVPOptions with decreasing implied volatility
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07:15 EDTCLXConsumer Analyst Group of New York (CAGNY) to hold a conference
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