New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:01 EDTTRN, ABBTrinity Industries to acquire assets of Meyer Steel Structures for $600M
Trinity Industries (TRN) announced that it has entered into an agreement to acquire the assets of Meyer Steel Structures, the utility steel structures division of Thomas & Betts Corporation, a member of the ABB Group (ABB), for a purchase price of approximately $600M. The transaction is subject to customary regulatory approvals and is expected to close during the third quarter. Trinity expects to fund the purchase price with available cash on hand. Trinity expects the transaction will be accretive to full-year 2014 earnings but cannot provide a range of earnings guidance until the transaction is completed and purchase price accounting entries are finalized.
News For TRN;ABB From The Last 14 Days
Check below for free stories on TRN;ABB the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 19, 2014
07:42 EDTTRNTrinity Industries has compelling valuation and catalysts, says KeyBanc
KeyBanc said Buy rated Trinity is well positioned coming out of Q2 earnings given compelling industry catalysts that include freight demand driven by energy end markets, regulatory driven extension of the tank car cycle, additional fleet sales, and capital deployments. The firm views Trinity as its highest quality railcar OEM and raises its price target to $55 from $53.
August 14, 2014
17:27 EDTTRNAppaloosa gives quarterly update on stakes
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use