|Bid||0.00 x 1400|
|Ask||0.00 x 40000|
|Day's range||17.22 - 17.52|
|52-week range||12.10 - 18.06|
|PE ratio (TTM)||15.25|
|Forward dividend & yield||0.30 (1.75%)|
|1y target est||N/A|
The Langley Berkshire, Britain-based company said it had net income of 47 cents per share. Earnings, adjusted for one-time gains and costs, were 44 cents per share. The results beat Wall Street expectations. ...
Knauf, which has been invested in the building-materials maker for approximately two decades, disclosed on March 15 that it had presented an offer to the board of $42 apiece for all outstanding common shares of USG. On March 23, Berkshire Hathaway (BRK-A) the largest shareholder of USG, with slightly more than 30% of the outstanding shares, spoke with Knauf and proposed that it would grant options for the purchase of Berkshire’s entire stake provided Knauf is able to finalize its initial buyout at a per-share price of no less than $42. If so, Berkshire would tender its stake via the exercise of those options at the acquisition price agreed to by other shareholders, but Knauf would need to pay Berkshire $2 for each option to do so.
Activist investor Elliott Management has purchased a nearly 12% stake in Travelport Worldwide.
Shares of Travelport Worldwide soared 17 percent on Monday after a report said activist hedge fund Elliott Associates is in talks to make a bid for the company.
Shares (Berlin: DI6.BE - news) of Travelport Worldwide Ltd jumped 17 percent on Monday after activist hedge fund Elliott Management Corp disclosed a large stake and said it might try to purchase the travel software company outright. The move is the latest example of how Elliott uses its private equity arm, Evergreen Coast Capital Partners, to pressure companies to explore a sale. Elliott, which bought a stake of roughly 12 percent, will encourage Travelport to launch the sale process and seek to participate, the fund said in a filing with the U.S. Securities and Exchange Commission.
Activist hedge fund Elliott Management Corp on Monday asked Travelport Worldwide Ltd to pursue a sale and said it could be a potential buyer as it disclosed a nearly 12 percent stake in the travel software company. The move is the latest example of how Elliott uses its private equity arm, Evergreen Coast Capital Partners, to pressure companies to explore a sale. Elliott will encourage Travelport to launch the sale process and seek to participate, the fund said on Monday in a filing with the U.S. Securities and Exchange Commission.
Travelport Worldwide (TVPT) was a big mover last session, as the company saw its shares rise more than 5% on the day amid huge volumes.
On a per-share basis, the Langley, Britain-based company said it had profit of 37 cents. Earnings, adjusted for one-time gains and costs, came to 35 cents per share. The results topped Wall Street expectations. ...
The travel commerce platform leader missed earnings expectations as it ramped up technology investments in the third quarter. Here's what investors need to know.
PARIS/BERLIN (Reuters) - Shares in Air France-KLM (AIRF.PA), Europe's second-biggest airline, retreated on Friday as concerns about its cost cutting targets overshadowed higher third quarter profits. Air France-KLM has said it aims to cut unit costs by 1-1.5 percent this year, but on Friday gave some caveats. Air France KLM shares remain about 150 percent above where they started in 2017.
The Langley, Britain-based company said it had net income of 4 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 18 cents per share. The results missed Wall Street ...
A Relative Strength Rating upgrade for Travelport Worldwide shows improving technical performance. Will it continue?