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Stock Market & Financial Investment News

News Breaks
December 18, 2012
14:55 EDTDLPH, DLPH, DLPH, TIE, TIE, TIE, PCP, PCP, PCPDelphi Automotive to be added to S&P 500; Titanium Metals deleted as of 12/21
S&P 500 constituent Precision Castparts Corp. (PCP) is acquiring Titanium Metals (TIE) in a deal expected to be completed soon pending final approvals.
News For DLPH;TIE;PCP From The Last 14 Days
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August 31, 2015
09:37 EDTDLPHDelphi upgraded to Buy from Neutral at Buckingham
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09:34 EDTDLPHDelphi upgraded to Buy from Neutral at Buckingham
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07:37 EDTPCPBoeing uses contract power to control supplier consolidation, Reuters says
Boeing (BA) is using its clout as the world's largest plane market to stand in the way of control supplier consolidation, despite Berkshire Hathaway's (BRK.A) $37B deal for Precision Castparts (PCP), Reuters says. Private equity and strategic buyers have been crawling into the sector, with foreign companies recently eyeing deals, the report says. Boeing, on the other hand, may act like an unofficial regulator on such mergers and acquisitions due to an "assignability clause" included in many of its contracts with suppliers, which allows the company to refuse to transfer contracts to new owners, giving it a de facto veto over such deals, the report says. Reference Link
August 25, 2015
06:32 EDTDLPHDelphi receives LOI regarding 6.4% of HellermannTyton shares, Reuters says
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