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Stock Market & Financial Investment News

News Breaks
June 4, 2014
16:13 EDTHXLHexcel authorizes additional $150M share repurchase
Hexcel authorized the repurchase of an additional $150M of the company’s common stock. The company had recently completed the $150M share repurchase program authorized in July 2013.
News For HXL From The Last 14 Days
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December 18, 2014
07:20 EDTHXLHexcel selloff looks overdone, says RBC Capital
After Hexcel (HXL) dropped 10% on fears related to the outlook for Airbus (EADSY) planes, RBC Capital estimates that changes made by Airbus would only reduce the compound annual growth rate of Hexcel's commercial aerospace business to 10.6% from 11.4% during 2015-2020. The firm cut its 2015-2016 revenue estimates by 6% and trimmed its price target on the stock to $46 from $47 but keeps an Outperform rating on the shares.
December 15, 2014
06:01 EDTHXLHexcel acquires 50% interest in Formax
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