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News Breaks | | | | January 8, 2013 | | 08:05 EDT |  | TIE, PCP | Titanium Metals stock to cease trading as a result of Precision Castparts merger
Precision Castparts, or PCC, (PCP) announced that it has completed its acquisition of Titanium Metals (TIE), or Timet. Timet has been a subsidiary of ELIT Acquisition Sub, a wholly-owned subsidiary of PCC, since December 21, 2012. Each remaining share of Timet common stock not tendered in PCC's previous tender offer for Timet shares was converted in the merger into the right to receive $16.50 without interest and less any applicable withholding of taxes. As a result of the merger, Timet common stock will cease to be traded on the New York Stock Exchange. | |
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News For TIE;PCP From The Last 14 Days Check below for free stories on TIE;PCP the last two weeks. |
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| May 16, 2013 | | 09:35 EDT |  | PCP | Precision Castparts initiated with a Buy at Topeka
Target $255. | | | May 10, 2013 | | 09:18 EDT |  | PCP | Precision Castparts price target raised to $247 from $217 at Sterne Agee
Sterne Agee increased its price target on Precision Castparts after the company reported higher than expected Q4 EPS but lower than expected revenue. The firm thinks the results were strong and keeps a Buy rating on the stock. | | | May 9, 2013 | | 06:07 EDT |  | PCP | Precision Castparts reports Q4 EPS $2.82, consensus $2.76
Reports Q4 revenue $2.44B, consensus $2.51B. | | | May 8, 2013 | | 15:29 EDT | | PCP | Notable companies reporting before tomorrow's open
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