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AIMC News and Press, Altra Industrial Motion Corp. From 10/29/22

Stock Information

Company Name: Altra Industrial Motion Corp.
Stock Symbol: AIMC
Market: NASDAQ
Website: altramotion.com

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AIMC - M&A drives Altra to top industrial gainer, Chinese stock slump amid Xi Jinping's new term

The Industrial Select Sector SPDR ( XLI ) was the biggest gainer among all 11 S&P 500 ( SP500 ) sectors for the week ending Oct. 28 ( +6.69% ) which saw the earnings season get going at full pace. Altra was driven by M&A activity, while Chinese stocks ...

AIMC - Altra Industrial Motion surges on Regal Rexnord's $5 billion bid

Altra Industrial Motion ( NASDAQ: AIMC ) on Thursday jumped 48% after Regal Rexnord ( NYSE: RRX ) agreed to buy the maker of products used in industrial automation for $4.95 billion. Conversely, Regal Rexnord slumped 13% after announcing the deal and offering a peek...

AIMC - Acquisition Announcement Sends Altra Industrial Motion Higher and Regal Rexnord Into Tailspin

Regal Rexnord (NYSE:RRX) agreed to acquire Altra Industrial Motion (NASDAQ: AIMC) for $62 per share in cash, sending both stocks on a wild ride today . Shares of Regal Rexnord dropped as much as 9.5% in trading today and are at their lows for the day at 1:30 p.m. ET. Alt...

AIMC - Ford Stock Moves as Bet on Argo AI Fails

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: D K Grove / Shutterstock.com Ford (NYSE: F ) stock is falling on Thursday after the automotive company released results for the third quarter of 2022. The big news affecting F stock today is a $2.7 bi...

AIMC - Why Is ServiceNow (NOW) Stock Up 12% Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Sundry Photography / Shutterstock.com ServiceNow (NYSE: NOW ) stock is climbing higher on Thursday after releasing its earnings report for the third quarter of 2022 . The positive news for NOW stock s...

AIMC - Why Is Altra Industrial (AIMC) Stock Up 48% Today?

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Roman Zaiets/ShutterStock.com Altra Industrial Motion (NASDAQ: AIMC ) stock is taking off on Thursday after announcing an acquisition deal with Regal Rexnord . That deal will see Regal Rexnord acqui...

AIMC - Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Eric Urquhart/Shutterstock.com It’s time for another dive into the biggest pre-market stock movers as we check out stock news for Thursday! We’re knee-deep in earnings season as several major c...

AIMC - REGAL REXNORD TO ACQUIRE ALTRA INDUSTRIAL MOTION

REGAL REXNORD TO ACQUIRE ALTRA INDUSTRIAL MOTION PR Newswire Transforms Regal Rexnord's automation portfolio into a meaningful, global automation solutions provider, with over 70% of its sales into markets with secular growth tailwinds Combines complementary power ...

AIMC - Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

BRAINTREE, Mass., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a premier global manufacturer and supplier of motion control, power transmission and automation products, announced today that it has ente...

AIMC - Altra Industrial Motion Corp. to Host Conference Call on Third Quarter 2022 Financial Results

BRAINTREE, Mass., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the third quarter of 2022 before the ...

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