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Stock Market & Financial Investment News

News Breaks
February 22, 2013
08:00 EDTHEIHEICO weakness creates buying opportunity, says Stifel Nicolaus
Stifel believes that "noise" unrelated to fundamentals contributed to HEICO's Q1 miss, and the firm was pleased with the company's results and guidance. The firm expects the company's results to improve in fiscal 2H13, and it maintains a Buy rating.
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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