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Stock Market & Financial Investment News

News Breaks
December 18, 2012
13:18 EDTCUBCubic acquires NEK Special Programs Group for $52M
Cubic Corporation disclosed in a regulatory filing that Cubic and NEK Services, its wholly-owned subsidiary, acquired the operating assets of NEK Special Programs Group, a Special Operation Forces training business based in Fayetteville, North Carolina and Colorado Springs, Colorado. The assets are being acquired for a total consideration of $52M subject to the terms of the purchase agreement and include more than 200 operational and technical experts of NEK’s Special Operations Forces training business, Cubic said.
News For CUB From The Last 14 Days
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July 26, 2015
13:51 EDTCUBCubic shares may jump 25%, Barron's says
Year-to-date declines in Cubic shares have created a "potential opportunity" for traders and the stock could advance 25%, Barron's contends in a feature article, citing rising urbanization and the need for cities and governments to upgrade the public transportation ticketing products made by the company. The publication also notes that Cubic "could pique the interest of an activist investor." Reference Link

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