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Stock Market & Financial Investment News

News Breaks
June 22, 2012
09:21 EDTTAM, LFLLAN and TAM complete their transaction and create LATAM Airlines Group
At the closing of the exchange offer, 99.9% of TAM shares that participated in the exchange offer agreed with the deregistration of TAM as a public company in Brazil, thus meeting the delisting condition. The tendered shares together with the TAM shares committed by the TAM controlling shareholders represent 95.9% of the total shareholding of TAM. LAN and TAM will continue to operate under their existing brands, with the same excellent service and quality that characterizes them today. Customers can continue to fly with LAN or TAM just as they do today.
News For LFL;TAM From The Last 14 Days
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December 9, 2014
10:23 EDTLFLOn The Fly: Analyst Downgrade Summary
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07:59 EDTLFLLATAM Airlines downgraded to Underperform from Neutral at BofA/Merrill
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December 5, 2014
12:08 EDTTAMEastman Chemical sees Taminco acquistion accretive to FY15, FY16 earnings
Eastman Chemical (EMN) announced the completion of its acquisition of Taminco (TAM), a global specialty chemical company, for a total of $2.8B in cash and assumed debt. The acquired Taminco businesses are expected to be accretive to 2015 earnings per share by greater than 35c, excluding acquisition-related costs and charges, and to 2016 earnings per share by greater than 60c. Taminco's former Specialty Amines and Crop Protection businesses will be operated as part of the Additives & Functional Products segment and its former Functional Amines business will be operated as part of the Specialty Fluids & Intermediates segment. Taminco stockholders are entitled to receive $26.00 in cash for each share of Taminco common stock. Taminco's common stock has been delisted from trading on the New York Stock Exchange.

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