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Stock Market & Financial Investment News

News Breaks
April 23, 2014
06:10 EDTTELTE Connectivity reports Q2 adjusted EPS 95c, consensus 91c
Reports Q2 revenue $3.43B, consensus $3.45B.
News For TEL From The Last 14 Days
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October 10, 2014
06:33 EDTTELTE Connectivity resumed with a Buy at Citigroup
Citigroup believes TE Connectivity's growth story remains intact and it recommends buying the stock on the recent weakness. It resumed shares with a Buy rating and $70 price target, down from its previous target of $73.
October 9, 2014
17:20 EDTTELUS Ecology to replace Measurement Specialties in S&P 600 as of 10/13 close
S&P 500 constituent TE Connectivity Ltd. (TEL) is acquiring Measurement Specialties (MEAS) in a deal expected to be completed soon.
October 8, 2014
15:11 EDTTELMeasurement Specialties says TE receives final regulatory approval for merger
Measurement Specialties (MEAS) disclosed in a regulatory filing that on October 8 the company and TE Connectivity (TEL) were notified that the French Ministry for Economy and Finance had authorized the proposed transaction. This authorization satisfies the final regulatory approval required for closing, the company noted. The company and TE currently expect to close their merger transaction within the next two business days.
October 6, 2014
09:21 EDTTELMeasurement Specialties says CFIUS approves proposed deal with TE Connectivity
Measurement Specialties said in a filing at on June 18, Measurement Specialties, TE Connectivity Ltd (TEL) and Wolverine-Mars Acquisition, wholly owned indirect subsidiary of TE, entered into an Agreement and Plan of Merger. Upon the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and a wholly owned indirect subsidiary of TE. On October 2, 2014, the Committee on Foreign Investment in the United States notified the Company and TE of its determination that there are no unresolved national security concerns with respect to the proposed transaction and that its review and investigation had concluded. The approval of the proposed transaction from CFIUS satisfies one of the conditions necessary for the proposed transaction to close. The closing of the transaction remains subject to the approval of the French Ministry for Economy and Finance and other customary closing conditions, and is expected to occur in October 2014.

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