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Stock Market & Financial Investment News

News Breaks
December 5, 2012
06:20 EDTHEIHEICO downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital believes HEICO's mix shift and lower growth profile going forward will pressure its premium multiple. Price target lowered to $39 from $45.
News For HEI From The Last 14 Days
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August 24, 2015
08:43 EDTHEIHEICO announces two acquisitions
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August 19, 2015
08:37 EDTHEIHEICO acquires Aerospace & Commercial Technologies, terms not disclosed
HEICO announced it has acquired 80.1% of Aerospace & Commercial Technologies, or ACT, a provider of products and services necessary to maintain up-to-date F-16 fighter aircraft operational capabilities. ACT's leadership team will continue to own 19.9% of ACT. The purchase price and financial details were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings within the first year following the acquisition.

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