$TEL (TE Connectivity Ltd.)

$TEL {{ '2016-08-31T12:02:32+0000' | timeago}} • Announcement

$TEL said it appointed Heath Mitts as its CFO and EVP, effective Sept. 12, 2016. Mitts joined $TEL from $IEX, where he most recently served as SVP and CFO. Mario Calastri, who has served as $TEL's interim CFO since February will resume his position as SVP and treasurer.

$VOXX {{ '2017-08-31T13:05:59+0000' | timeago}} • Announcement

$VOXX said it closed the previously announced sale of Hirschmann Car Communication GmbH and its worldwide subsidiaries to $TEL for approx. $170MM. Wells Fargo Securities was the financial advisor to $VOXX on the transaction.

$TEL {{ '2017-08-09T18:35:05+0000' | timeago}} • Announcement

$TEL announced that the $0.40 per share quarterly dividend for 4Q17 will be payable on Sept 8, 2017, to shareholders of record as on Aug 25, 2017.

$TEL {{ '2017-08-09T16:09:31+0000' | timeago}} • Announcement

$TEL launched the M5800 digital display pressure transducer with rotatable display. The sensor was designed for applications requiring on-site process control and readily displayed pressure measurements such as food & beverage and pharmaceutical & medical systems.

$AMD {{ '2017-07-03T13:06:48+0000' | timeago}} • Announcement

$AMD has announced the appointment of Abhi Y. Talwalkar to its BoD. He currently serves on the boards of $LRCX, iRhythm Technologies, Inc., and $TEL. Additionally, the company has increased the annual base salary of CFO Devinder Kumar, SVP James R. Anderson and CTO Mark D. Papermaster, effective July 1, 2017.

$VOXX {{ '2017-06-26T12:50:44+0000' | timeago}} • Announcement

$VOXX will sell Hirschmann Car Communication GmbH and its worldwide units to a subsidiary of $TEL for approx $166MM. $VOXX will continue to operate in the Automotive industry and will retain its ongoing OEM business. The transaction is expected to close on August 31, 2017.

$TEL {{ '2017-06-07T13:24:37+0000' | timeago}} • Announcement

Ixia announced a collaboration with $TEL to deliver a live demonstration of 400 Gigabit Ethernet (GbE) traffic with an Octal Small Form Factor Pluggable (OSFP) solution, reflecting that this technology is available for adoption.

$TEL {{ '2017-05-10T14:03:03+0000' | timeago}} • Announcement

$TEL declared 3Q17 dividend of $0.40 per share. The dividend will be payable on June 9, 2017, to shareholders of record at the close of business on May 26, 2017. The dividend was approved by shareholders at the company's annual general meeting held on March 8, 2017.

$TEL {{ '2017-04-26T11:26:55+0000' | timeago}} • Announcement

For FY17, $TEL is seeing net sales of $12.6-12.8Bil, reflecting 6% growth YoY at the mid-point, excluding the additional week in FY16. GAAP EPS is expected to be $4.39-4.47 including net restructuring, acquisition-related and other charges of $0.33 and a tax related benefit of $0.14. $TEL also expects adjusted EPS of $4.58-4.66 for FY17.

$TEL {{ '2017-04-26T11:23:36+0000' | timeago}} • Announcement

For 3Q17, $TEL expects net sales of $3.2-3.3Bil, reflecting a rise of 4% on an as reported basis and 5% organically, YoY at the midpoint. GAAP EPS is expected to be $1.08-1.12, including net restructuring, acquisition-related and other charges of $0.06. $TEL expects adjusted EPS of $1.14-1.18 representing a 7% increase at the mid-point vs. 3Q16.

$TEL {{ '2017-04-26T11:19:50+0000' | timeago}} • Announcement

Connectivity and sensor solutions maker $TEL posted a rise in 2Q17 earnings, helped by higher revenue and operating margin expansion in the Industrial and Communications segments. Net income rose 6.57% to $405MM or $1.13 per share from $380MM or $1.03 per share in 2Q16. Revenue rose 9.31% to $3.22Bil. Excluding items $TEL earned $1.19 per share.

$TEL {{ '2017-02-14T16:47:25+0000' | timeago}} • Announcement

$TEL BoD declared 2Q17 quarterly dividend of $0.37 per share,  payable on March 10, 2017, to shareholders of record on February 24, 2017.

$TEL {{ '2017-01-25T17:22:30+0000' | timeago}} • Webcast

$TEL said it expects commercial transportation to outperform at end market in 2017, benefiting from content expansion in the heavy truck market. Additionally, censors are expected to grow mid single digits in total YoverY.

$TEL {{ '2017-01-25T17:00:40+0000' | timeago}} • Webcast

For FY17, $TEL expects 4% growth in vehicle production in China and 2% growth in auto production globally. Also for the full-year, the company expects to continue to outpace the growth of production due to the continued benefit of content growth and share gains.

$TEL {{ '2017-01-25T16:51:49+0000' | timeago}} • Webcast

$TEL saw organic order growth across all three of the company's segments in 1Q17, excluding subcomp. The company also saw orders growth in all regions, with particular strength in Asia, which grew 26% YoverY, with strength in China. In Europe and the Americas orders grew approx. 3% and 1% respectively.

$TEL {{ '2017-01-25T11:30:36+0000' | timeago}} • Announcement

$TEL narrowed its FY17 sales outlook to $12.2-12.6Bil from $12.3-12.9Bil. The company lifted GAAP EPS guidance to $4.04-4.24 from $3.84-4.14 and its adjusted EPS estimate to $4.30-4.50 from $4.19 from $4.49. $TEL said the outlook implies 3% actual and 4% organic sales growth and 11% growth in adjusted EPS.

$TEL {{ '2017-01-25T11:25:12+0000' | timeago}} • Announcement

$TEL expects 2Q17 net sales of $3.025-3.125Bil, reflecting an increase of 4% YoverY at the midpoint. GAAP EPS are expected to be $0.97-1.01, including net restructuring, acquisition-related and other charges of $0.08. $TEL expects adjusted EPS of $1.05-1.09 which represents a 19% growth at the mid-point versus 2Q16.

$TEL {{ '2017-01-25T11:23:14+0000' | timeago}} • Announcement

$TEL reported a rise in 1Q17 earnings driven by higher sales volume, benefit of cost reductions and continued execution of TE Operating Advantage. Net income rose to $409MM or $1.14 per share from $353MM or $0.91 per share last year. Net sales grew to $3.06Bil from $2.83Bil. Non-GAAP EPS increased 37% to $1.15.

$TEL {{ '2016-12-09T11:42:35+0000' | timeago}} • Announcement

$TEL's BoD approved a recommendation to increase its quarterly dividend from $0.37 to $0.40 per share, for the four fiscal quarters starting in April 2017, the beginning of 3Q. The recommendation would raise annual dividend from $1.48 to $1.60 per share, and will be presented for shareholder approval at its Annual General Meeting on March 8, 2017.

$TEL {{ '2016-11-16T15:20:16+0000' | timeago}} • Announcement

$TEL's BoD declared 1Q17 dividend of $0.37 per share. The dividend is payable on Dec. 9, 2016 to shareholders of record on Nov. 25, 2016.

$TEL {{ '2016-11-02T14:13:11+0000' | timeago}} • Webcast

$TEL stated that 4Q16 Transportation segment orders growth was helped by strong order growth in Europe and China. For FY17, China's production growth is expected to be about 3% and North America to be flat.

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