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Stock Market & Financial Investment News

News Breaks
January 31, 2013
10:38 EDTHARHarman gaps down sharply after weak earnings and outlook
The stock is down over 14% at time of writing following a weak earnings report and a cut in guidance. The company missed Q2 consensus EPS by 29 cents per share and reduced its outlook for fiscal year 2013 EPS to a range of $2.70 to $2.90 per share versus expectations of $3.67. Support based on the current price of $42.17 is at $41. Resistance is at the high of the session at $43.
News For HAR From The Last 14 Days
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December 18, 2014
08:02 EDTHARHarman to acquire S1nn GmbH, terms not disclosed
HARMAN International Industries announced that it has signed an agreement to acquire S1nn GmbH & Co. KG, a developer of infotainment systems, connectivity and car audio solutions. This transaction is subject to regulatory and other approvals. Terms of the deal have not been disclosed. The S1nn team will be integrated into HARMAN's Infotainment division, led by Sachin Lawande.

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