TE 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.
US 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.
Measurement 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.