New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 5, 2014
08:45 EDTCOL, COL, JBHT, JBHT, CSX, CSX, ITW, ITW, LLL, LLL, SON, SON, DHR, DHR, CW, CW, HUN, HUN, GE, GE, CTB, CTBDeutsche Bank to hold a conference
Global Industrials & Basic Materials Conference to be held in Chicago on June 4-5 with webcasted company presentations to begin on June 5 at 8:45 am; not all company presentations may be webcasted. Webcast Link
News For CTB;GE;HUN;CW;DHR;SON;LLL;ITW;CSX;JBHT;COL From The Last 14 Days
Check below for free stories on CTB;GE;HUN;CW;DHR;SON;LLL;ITW;CSX;JBHT;COL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
August 15, 2014
12:05 EDTHUNHuntsman trading halted, pending news
Subscribe for More Information
08:16 EDTCTBCooper Tire, Chengshan Group enter CCT option agreement
Cooper Tire & Rubber Company announced it has entered into an option agreement with Chengshan Group Company Ltd. that affirms and provides additional details regarding the previously announced put and call process to resolve the future ownership of Cooper Chengshan, or CCT, as contemplated by the January 29 agreement among the two companies and the CCT labor union. In addition, the new option agreement extends the option commencement deadline, which is the deadline for the independent valuation firm to deliver its fair market valuation of CCT, to August 24. The process for determining the future ownership of CCT begins with an independent valuation of the fair market value of CCT. Once the valuation is delivered, Chengshan has the first option, within 45 days, to elect to purchase Cooper’s 65% interest, to sell its 35% interest to Cooper, or not to exercise either of these options. If Chengshan determines not to exercise either of the options, Cooper has the right to purchase Chengshan’s 35% interest. In the event that neither party elects to purchase the others’ interest, the joint venture continues as currently structured. Further, should Chengshan purchase Cooper’s stake in the joint venture, Cooper will continue to have offtake rights with CCT agreeing to produce Cooper-brand products, including Truck and Bus Radial tires, for a minimum of three years.
August 14, 2014
13:26 EDTGEGE evaluating 'wide range' of options for appliances unit, Bloomberg reports
General Electric (GE) says it is evaluating a "wide range" of options for its home appliance business, Bloomberg reports. According to a GE spokesperson, the company is holding discussions with Electrolux (ELUXY) and other parties. Consumer development startup Quirky is also said to be interested in the GE unit. Reference Link
12:25 EDTGEGE says evaluating 'range' of options for Appliances, Bloomberg reports
General Electric confirmed in an interview that its in talks with Electrolux AB (ELUXY) regarding the potential sale of its Appliances unit, Bloomberg reports. GE added its evaluating a "wide range of strategic options" for its Appliances unit.
11:22 EDTGEElectrolux confirms in talks to acquire GE Appliances
Electrolux (ELUXY) confirmed that it is in discussions regarding a possible acquisition of the appliances business of GE (GE). "No agreement has been reached, and there can be no assurances that an agreement will be reached. Any further announcements will be made in due course," Electrolux stated.
08:11 EDTGEGE Healthcare to use RTI Connext Middleware
Subscribe for More Information
07:15 EDTCOLRockwell Collins management to meet with Sterne Agee
Meetings to be held in Kansas City on August 18 and in Denver on August 19 hosted by Sterne Agee.
August 13, 2014
20:04 EDTGEGE appliance unit drawing interest from Electrolux, Quirky, Bloomberg says
General Electric's home appliance unit has drawn interest from Electrolux and Quirky, according to Bloomberg, citing two people with knowledge of the matter. General Electric's appliance unit is said to be worth about $2B, the sources added. Reference Link
19:35 EDTGEGE appliance unit drawing interest from Electrolux, Quirky, Bloomberg says
Subscribe for More Information
August 12, 2014
10:23 EDTITWIllinois Tool Works repeats view of FY14 EPS $4.50-$4.62, consensus $4.59
Subscribe for More Information
10:21 EDTITWIllinois Tool Works repeats view of Q3 EPS $1.19-$1.27, consensus $1.24
Subscribe for More Information
10:00 EDTCSXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Applied Micro Circuits (AMCC) downgraded to Market Perform at FBR Capital... CSX (CSX) downgraded to Neutral from Outperform at Macquarie... Southwestern Energy (SWN) downgraded to Market Perform from Outperform at BMO Capital... Steven Madden (SHOO) downgraded to Neutral from Buy at Citigroup... Teck Resources (TCK) downgraded to Sell from Neutral at Goldman... United Technologies (UTX) downgraded at Cowen... Walter Investment (WAC) downgraded to Market Perform from Outperform at FBR Capital... Whiting USA Trust (WHX) downgraded to Underperform at Raymond James... magicJack (CALL) downgraded to Hold from Buy at Canaccord.
09:32 EDTCSXCSX downgraded at Macquarie
Subscribe for More Information
08:18 EDTGEAs MetLife awaits SIFI decision, other non-banks get tough scrutiny, FT says
The Federal Reserve's scrutiny of AIG (AIG) and GE Capital (GE) since those non-banks were designated as systemic risks shows they are being regarded in the same manner as large banks, according Financial Times, citing people familiar with the process. Insurer Prudential Financial (PRU) was deemed a systemic risk last September and rival MetLife (MET) is waiting to see if it will be designated this year, the report noted. Reference Link
07:57 EDTCSXCSX downgraded to Neutral from Outperform at Macquarie
August 11, 2014
17:47 EDTCTBCooper Tire extends CCT ownership option commencement deadline
Subscribe for More Information
17:44 EDTGEGeneral Electric awarded $311.49M government contract modification
General Electric is being awarded a $311.49M modification to a previously awarded firm-fixed-price contract for the procurement of 75 Lot 14 F/A-18E/F F414-GE-400 engines and associated devices for U.S. Navy and for the government of Australia. In addition, this modification provides for the procurement of after burner modules, fan modules, high pressure combustor modules, combustor modules, and high and low pressure turbine modules for the U.S. Navy and the government of Australia. Work will be performed in Lynn, Massachusetts; Hooksett, New Hampshire; Rutland, Vermont; and Madisonville, Kentucky, and is expected to be completed in September 2016. This modification combines purchases for the U.S. Navy and the government of Australia under the Foreign Military Sales Program. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.
15:23 EDTCTBJPMorgan to hold a conference
Subscribe for More Information
08:02 EDTDHRDanaher, DENTSPLY seen as interested in Nobel Biocare, Bloomberg says
Swiss dental implant maker Nobel Biocare, which was initially approached by buyout firm EQT Partners and then hired Goldman Sachs (GS) as an advisor, has attracted interest from Danaher (DHR), said Bloomberg, citing people with knowledge of the matter. Other buyout firms and companies such as DENTSPLY (XRAY) and are also expected to look at Nobel, the report added. Reference Link
August 8, 2014
13:08 EDTITWIllinois Tool Works board increases quarterly dividend by 15% to 48.5c
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use