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Whirlpool Corp. upgraded to strong buy at Raymond James, price target set at $185
2015-10-26 16:27:39| Appliances - Topix.net
Raymond James said in a note that Whirlpool's exposure in emerging markets, particularly Brazil, is declining. North American margins of about 11% are "at or near a peak," according to the note.
Dialog Semiconductor Plc's "Buy" Rating Reiterated at DZ Bank AG
2015-10-26 16:26:50| Semiconductors - Topix.net
's stock had its "buy" rating reissued by stock analysts at DZ Bank AG in a note issued to investors on Monday, ARN reports. Shares of Dialog Semiconductor Plc opened at 44.58 on Monday.
Bridgestone to buy U.S. auto parts retailer Pep Boys
2015-10-26 15:26:04| Industrial Machines - Topix.net
The $15-per-share deal represents a premium of 23.5 percent to Pep Boys' Friday closing price of $12.15. The deal would expand Bridgestone Retail Operations LLC's network by more than 35 percent in the United States, Bridgestone said.
Bridgestone to buy Pep Boys
2015-10-26 15:23:55| Auto Parts - Topix.net
Bridgestone Americas Inc. has agreed to buy Philadelphia-based tire retailer/auto service provider Pep Boys Manny, Moe & Jack for approximately $835 million. Bridgestone is offering $15 a share for Pep Boys, which the tire maker said is a premium of 23 percent premium over Pep Boys' closing price of $12.15 on Oct. 23 and 62 percent over Pep Boys' unaffected price of $9.25 on May 19. "Bridgestone and Pep Boys are two leading companies that share a proud heritage in the American automotive services industry," said Gary Garfield, CEO and president of Bridgestone Americas.
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Bridgestone to buy U.S. auto parts retailer Pep Boys for $835 mln
2015-10-26 14:19:40| Auto Parts - Topix.net
Oct 26 Japanese tire maker Bridgestone Corp said it would buy U.S. auto parts retailer Pep Boys - Manny, Moe & Jack for $835 million in cash. The $15-per-share deal represents a premium of 23.5 percent to Pep Boys' Friday close of $12.15.
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