New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 17, 2014
16:05 EDTKTCCKey Tronic signs Letter of Intent to acquire CDR Manufacturing for $46.9M
Key Tronic has signed a letter of intent to acquire CDR Manufacturing for $46.9M in cash. The letter of intent includes a 75 day exclusivity period for completion of due diligence and negotiation of the definitive agreement. CDR has annual revenue of approximately $120M and provides printed circuit board assembly and other EMS services to a diversified customer base. The acquisition, if consummated, is expected to be immediately accretive to earnings. Key Tronic expects the transaction to be completed during 1Q15.
News For KTCC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 27, 2015
18:20 EDTKTCCOn The Fly: After Hours Movers
UP AFTER EARNINGS: ABIOMED (ABMD), up 27%... Yahoo (YHOO), up 7.2% after reporting fourth quarter results and that it is planning a tax-free spin-off of remaining Alibaba (BABA) stake... Freescale Semiconductor (FSL), up 10%... Marten Transport (MRTN), up 6%... U.S. Steel (X), up 9.2%... Key Tronic (KTCC), up 4%... Juniper Networks (JNPR), up 4.4%... Western Digital (WDC), consensus 2.6%... Electronic Arts (EA), up 4.8%... VMware (VMW), up 1.7%... AT&T (T), up 1.9%... Apple (AAPL), up 5.1%. ALSO HIGHER: Cirrus Logic (CRUS), up 2.9%, Skyworks (SWKS), up 1.3%, NXP Semiconductors (NXPI), up 1.5%, and Qorvo (QRVO), up 1% following Apple's first quarter results... EMC (EMC), up 2.1% following VMware's fourth quarter results... Alibaba (BABA), up marginally following Yahoo results and tax-free spin-off plans... DOWN AFTER EARNINGS: Ethan Allen (ETH), down 13.1%... EZCORP (EZPW), down 7.1%... International Game Technology (IGT), down 2.9%... Open Text (OTEX), down 4.4%. ALSO LOWER: Synergy Resources (SYRG), down 3.7% after filing to sell $150M of common stock.
16:24 EDTKTCCKey Tronic sees Q3 revenue $108M-$116M, EPS 13c-18c
Subscribe for More Information
16:24 EDTKTCCKey Tronic reports Q2 EPS 14c vs. 27c last year
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use