New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2014
10:04 EDTFOSL, TRW, DECK, VRNT, LH, UAMOn the Fly: Analyst Initiation Summary
Fossil (FOSL) initiated with a Neutral at Sterne Agee... TRW Automotive (TRW) initiated with a Neutral at UBS... Deckers Outdoor (DECK) initiated with a Buy at B. Riley... Verint Systems (VRNT) reinstated with an Outperform at Credit Suisse... LabCorp (LH) assumed with a Buy at Maxim... Universal American (UAM) initiated with a Market Perform at Leerink.
News For FOSL;TRW;DECK;VRNT;LH;UAM From The Last 14 Days
Check below for free stories on FOSL;TRW;DECK;VRNT;LH;UAM 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 | >>
September 15, 2014
09:32 EDTTRWTRW volatility expected to move on ZF Friedrichshafen purchase
Subscribe for More Information
09:18 EDTTRWTRW Automotive to be acquired by ZF Friedrichshafen for $105.60 per share
TRW Automotive announced it has entered into a definitive agreement with ZF Friedrichshafen under which ZF will acquire all outstanding shares of TRW for $105.60 per share in an all-cash transaction valued at approximately $13.5B on an enterprise value basis. The acquisition price represents a premium of approximately 16% and 15% over TRW's undisturbed closing stock price of $91.40 on July 9, 2014 and all-time undisturbed high price of $91.62 on July 7, 2014, respectively, and a 7.6x multiple of TRW's adjusted EBITDA for the 12 months ended June 27, 2014. The agreement has been unanimously approved by TRW's Board of Directors and ZF's Supervisory Board and Management Board. The transaction will create a leader in the automotive supplier business with pro forma combined sales of approximately $41B and 138,000 employees. The transaction will be financed through a combination of ZF cash on hand, as well as debt financing that has been committed by Citi and Deutsche Bank pursuant to a fully executed credit agreement. There is no financing condition to this transaction. The closing of the transaction is subject to certain conditions, including approval of the TRW stockholders, receipt of regulatory approvals and other customary closing conditions. The transaction is expected to close in the first half of 2015.
09:17 EDTTRWTRW Automotive to be acquired by ZF Friedrichshafen for $105.60 per share
Subscribe for More Information
08:50 EDTTRWZF Friedrichshafen to buy TRW for $105.60 per share, Reuters reports
07:21 EDTLHHeart Failure Society of America to hold annual meeting
Subscribe for More Information
September 12, 2014
10:35 EDTTRWOptions with decreasing implied volatility
Subscribe for More Information
September 11, 2014
12:43 EDTTRWTRW Automotive sale to ZF closer on joint venture divestiture plans, WSJ says
Subscribe for More Information
September 10, 2014
11:37 EDTFOSLGarmin bounces back, Fossil continues slide after Apple Watch unveiled
Subscribe for More Information
08:55 EDTFOSLFossil risk increased by Apple Watch, says Sterne Agee
Subscribe for More Information
08:49 EDTTRWTRW signs agreement to divest engine valve unit to Federal-Mogul
Subscribe for More Information
08:47 EDTTRWFederal-Mogul to purchase engine valve business of TRW Automotive
Subscribe for More Information
06:31 EDTFOSLFossil risk/reward attractive after Apple Watch news, says Jefferies
Subscribe for More Information
September 9, 2014
14:09 EDTFOSLFossil down 3% after Apple confirms launch of Apple Watch
Shares of watchmaker Movado (MOV) are also down 1.6% as Apple's (AAPL) launch event continues.
September 8, 2014
13:26 EDTTRWFord falls after two notch downgrade at Morgan Stanley
Subscribe for More Information
08:36 EDTLHARCA Biopharma, LabCorp announce GENETIC-AF poster presentation
Subscribe for More Information
07:59 EDTTRWMorgan Stanley downgrades Auto sector to Cautious, downgrades Ford
Subscribe for More Information
06:21 EDTFOSLSmartwatch market to reach $10B by 2018, says Citigroup
Subscribe for More Information
September 5, 2014
16:12 EDTFOSLFossil, Intel announce collaboration to develop innovation in wearable tech
Fossil Group (FOSL) and Intel Corporation (INTC) announced that they will be collaborating to further develop wearable technology for the fashion industry. Fossil Group will partner with Intel to identify, support and develop emerging trends in the wearable technology space. The companies will work together on emerging products and technologies that will be developed for the fashion-oriented consumer. In addition, Fossil Group will work closely with Intel Capital, Intelís global investment organization, to identify and evaluate co-investments in emerging technologies to accelerate industry innovation and stay at the forefront of the wearable consumer trend.
12:57 EDTVRNTOn The Fly: Midday Wrap
Subscribe for More Information
10:50 EDTTRWOptions with decreasing implied volatility
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