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Stock Market & Financial Investment News

News Breaks
March 21, 2014
08:03 EDTNTK, ABBNortek to acquire HVAC business of Thomas & Betts for $260M
Nortek (NTK) announced it has signed a definitive agreement to acquire the heating, ventilation and air conditioning business of Thomas & Betts Corporation, which is a wholly owned subsidiary of ABB (ABB). Under the terms of the agreement, Nortek will pay approximately $260M for Thomas & Betts' HVAC Business in an all-cash transaction. Net sales of T&B HVAC were approximately $160M in 2013. The transaction is expected to close during the second quarter of 2014, subject to customary closing conditions including approval pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
News For NTK;ABB From The Last 14 Days
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September 11, 2014
08:45 EDTABBABB management to meet with JPMorgan
Meeting to be held in Connecticut on September 16 hosted by JPMorgan.
September 9, 2014
15:04 EDTABBABB announces $4B share buyback program
This news is from an earlier press release.
15:03 EDTABBABB sees growing operational EPS 10-15% CAGR from 2015-2020
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September 8, 2014
10:01 EDTABBABB management to meet with JPMorgan
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