Want to join the conversation?
$ITW said it recently announced the acquisition of the Engineered Fasteners and Components business from ZF TRW for $450MM. Approx. 70% of the purchase price will be funded with non-US cash and the company expects the acquisition to generate returns on capital in the 16-20% range by year seven.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?