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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Meritor (NYSE: MTOR ) stock is on the move today as investors react to news about an acquisition deal with Cummins (NYSE: CMI ). Source: Shutterstock.com Let’s dive into that news below to see why...
Truck engine maker Cummins (NYSE: CMI) is making a big bet on the electrification of the transportation sector, on Monday announcing plans to acquire Meritor (NYSE: MTOR) for $3.7 billion in cash and assumed debt. That's a significant premium over Meritor's Friday close, and...
Gainers: Indonesia (NYSE:INDO) +79%. Meritor (NYSE:MTOR) +45%. Ocugen (NASDAQ:OCGN) +22%. Datasea (NASDAQ:DTSS) +20%. IronNet (NYSE:IRNT) +20%. Riley Exploration Permian (NYSE:REPX) +19%. Arteris (NASDAQ:AIP) +17%. Houghton Mifflin Harcourt Company (NASDAQ:HMHC) +15%. MEDIROM Healthcare Techn...
Meritor (NYSE:MTOR) +43% Cummins acquires Meritor with eyes on electric power applications. Digital World Acquisition (NASDAQ:DWAC) +17% Trump's TRUTH Social platform hits Apple's App Store. Ocugen (NASDAQ:OCGN) +16% after FDA lifted hold on study for COVID-19 va...
Transaction will strengthen Cummins’ industry-leading range of powertrain components and accelerate development of electrified power solutions Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) today announced that they have entered into a definitive agreement un...
Bank of America analyst Jill Carey Hall highlighted 28 Buy-rated "quality" small cap stocks in the Russell 2000 index (RTY), with 20 of them on the "growth" benchmark. "Quality is typically one of the most-rewarded styles during Late Cycle regimes/Fed hiking cycles, the Russell 2000 Gro...
The subsector with the best value score is transportation. Aerospace/defense has the weakest combination of value and quality. Fast facts on FIDU. A list of cheap stocks. For further details see: FIDU: Industrials Dashboard For February
Meritor Inc. (MTOR) Q1 2022 Earnings Conference Call February 03, 2022, 09:00 AM ET Company Participants Todd Chirillo - Senior Director of IR Chris Villavarayan - CEO & President Carl Anderson - SVP & CFO Conference Call Participants Sherif El-Sabbahy - Bank of America Joseph Spak - ...
The following slide deck was published by Meritor, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Meritor, Inc. 2022 Q1 - Results - Earnings Call Presentation
Meritor press release (NYSE:MTOR): FQ1 Non-GAAP EPS of $0.80. Revenue of $984M (+10.7% Y/Y). For FY2022, revenue to be in the range of $4.B to $4.3B; Net income from continuing operations to be in the range of $220M to $255M; Adjusted diluted EPS from continuing operations to be in the range ...
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Ball Announces Charles Baker's Retirement, Names Hannah Lim-Johnson as Successor PR Newswire WESTMINSTER, Colo. , Sept. 1, 2023 /PRNewswire/ -- Ball Corporation (NYSE: BALL) today announced that Charles E. Baker , 66, vice president, general counsel and corpo...
Meritor, Inc. Provides Notice of Fundamental Change to Holders of its Convertible Notes in Connection with the Completed Merger PR Newswire TROY, Mich. , Aug. 3, 2022 /PRNewswire/ -- Meritor, Inc. (the "Company") today provided notice that, pursuant to th...
Meritor Reports Third-Quarter Fiscal Year 2022 Results PR Newswire TROY, Mich. , Aug. 2, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2022 . Third-Quarter ...