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Stock Market & Financial Investment News

News Breaks
January 8, 2013
08:05 EDTPCP, TIETitanium 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.
News For TIE;PCP From The Last 14 Days
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August 19, 2015
09:50 EDTPCPPrecision Castparts downgraded to Neutral from Buy at Citi
Citi last night downgraded Precision Castparts (PCP) to Neutral saying it does not see another potential buyer emerging to compete with Berkshire Hathaway (BRK.A). Berkshire's offer is likely a "good enough" outcome for Precision Castparts, CIti stated. It lowered its price target for shares to $235 from $246.
August 18, 2015
10:19 EDTPCPOptions with increasing implied volatility
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10:00 EDTPCPOn The Fly: Analyst Downgrade Summary
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06:12 EDTPCPPrecision Castparts downgraded to Neutral from Buy at UBS
UBS analyst David Strauss downgraded Precision Castparts (PCP) to Neutral saying a higher competing takeover bid to Berkshire Hathaway's (BRK.A) is unlikely to emerge. The analyst lowered his price target for Precision Castparts to $235 from $244.
August 17, 2015
10:55 EDTPCPOptions with increasing implied volatility
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August 16, 2015
13:20 EDTPCPBerkshire Hathaway could see boost from Castparts deal, Barron's says
Berkshire Hathaway's (BRK.A, BRK.B) agreement to acquire Precision Castparts (PCP) looks like a "good -- not great" deal for Berkshire and could yield attractive returns for the company, Barron's contends in its 'Follow Up' column. Reference Link
August 14, 2015
16:16 EDTPCPStocks end week higher after China rattles market with currency moves
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07:37 EDTPCPJANA reports new stakes in Allergan, TWC, sells Applied Materials
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