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Stock Market & Financial Investment News

News Breaks
February 8, 2013
09:25 EDTTDG, TDGTransDigm to host conference call
Conference call to discuss senior credit facility refinancing will be held on February 8 at 10 am.
News For TDG From The Last 14 Days
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June 18, 2013
14:32 EDTTDGTransDigm special dividend a positive, says Goldman
Goldman views TransDigm's potential spacial dividend as a positive and said it would be in the range of $18-$33 per share. The firm rates shares a Buy with a $182 price target.
11:25 EDTTDGTransDigm looks to amend credit agreement, says KeyBanc
KeyBanc said TransDigm's announcement it is meeting with lenders to request amendments to its existing credit agreements indicates the company has no large acquisitions in its sights and will likely return capital to shareholders, which could lead to multiple compression. Shares are Hold rated.
08:58 EDTTDGTransDigm considers paying special dividend
TransDigm Group announced that it has requested amendments to its senior secured credit facilities in connection with considering whether to pay a special dividend. TransDigm has requested that its senior lenders consent to amendments to its senior secured credit facilities to permit, among other things, a special dividend, to increase its existing senior secured term facility by $700M and to change certain ratios in its existing senior secured credit facility. In addition to the $700M of new term loans, TransDigm may also seek to raise $700M of new subordinated debt.
June 13, 2013
10:05 EDTTDGOn The Fly: Analyst Initiation Summary
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06:40 EDTTDGTransDigm initiated with an Overweight at Morgan Stanley
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June 6, 2013
08:06 EDTTDGBofA/Merrill's aerospace/defense analyst holds analyst/industry conference call
Aerospace & Defense Analyst Epstein, along with Richard Aboulafia, Vice President of Analysis at Teal Group, preview the upcoming Paris Air Show (6/17-6/23) on an Analyst/Industry conference call. Relevant covered companies BA, BEAV, COL, CR, DGI, ERJ, ESL, GD, GRMN, HEI, HII, HXL, LLL, LMT, NOC, PCP, ROLL, RTN, SPR, TDG, TGI, TXT, UTX, VSAT and WAIR may be included on the Analyst/Industry conference call to be held on June 11 at 10 am.

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