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Stock Market & Financial Investment News

News Breaks
January 23, 2013
17:17 EDTHRCHill-Rom sees Q2 adjusted EPS 48c-50c, consensus 52c
For Q2, Hill-Rom expects reported revenue growth of 4%-5%. This reflects organic constant currency revenue decline of approximately 5%, no material currency impact at current rates, and incremental revenue from FY12 acquisitions of approximately $45M.
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August 1, 2014
10:16 EDTHRCHill-Rom completes acquisition of Trumpf Medical for $250M
Hill-Rom announced that it has completed its approximately $250M purchase of Trumpf Medical, the medical unit of the privately held TRUMPF Group. The transaction closely aligns with the company's core growth strategies as it will more than double the size of Hill-Rom's existing surgical platform, complement and expand the company's global footprint and leverage existing sales channels and customer relationships to better address the needs of patients and caregivers. The transaction is expected to add approximately 12c-15c adjusted earnings per share in FY15. The transaction will be funded with a combination of cash on hand and borrowings on the company's existing credit facility

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