reports
Neff Corporation Statement on Transaction Update
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE:NEFF) today announced that it has received notice from H&E Equipment Services, Inc. (“H&E”) (NASDAQ: HEES) that H&E has determined not to submit a revised proposal to acquire the Company in response to a previously announced acquisition proposal from a strategic bidder to acquire all of the outstanding shares of the Company for $25.00 per share in cash.. As previously announced on August 13, 2017, the Company’s Board of Directors had determined the alternative proposal fr...
Neff Corporation Announces Receipt of Superior Proposal
MIAMI--(BUSINESS WIRE)-- Neff Corporation (NYSE: NEFF) (“Neff” or the “Company”) today announced that its Board of Directors has determined that an acquisition proposal received from a strategic bidder to acquire all of the outstanding shares of Neff common stock for $25.00 per share in cash constitutes a “Superior Proposal” as such term is defined in the Company’s previously announced agreement and plan of merger (the “Existing Merger Agreement”) with H&E Equipment Services, Inc. (“H&E”). The definitive terms and conditions ...
Neff Corporation Announces Second Quarter 2017 Results
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE:NEFF) today reported its financial results for the second quarter ended June 30, 2017. Graham Hood, Chief Executive Officer of Neff Corporation, commented, “The second quarter of 2017 was another very good quarter for Neff’s rental business as we generated record second quarter results for rental revenues and EBITDA, increasing by 3.2% and 3.8% year-over-year, respectively. This performance reflects our ability to execute our strategy and take advantage of the on...
INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investig...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Neff Corporation ("Neff" or the "Company") (NYSE: NEFF) stock prior to July 14, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Neff to H&E Equipment Services Inc. (NASDAQ: HEES). Under the terms of the transaction, shareholders of Neff will receive $21.07 in cash for each share of Neff common stock they ...
Neff Corporation Announces Second Quarter 2017 Conference Call and Web...
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE: NEFF) today announced that Graham Hood, Chief Executive Officer, and Mark Irion, Chief Financial Officer, expect to discuss the Company's results for the second quarter ended June 30, 2017, during a conference call scheduled for Thursday, August 3, 2017, at 10:00 a.m. ET. The Company expects to release the financial results for the second quarter on Wednesday, August 2, 2017, following the market close. Shareholders and other interested parties may participate i...
NEFF CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces I...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Neff Corporation (NYSE: NEFF)? Did you purchase any of your shares prior to July 14, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Neff Corporation (“Neff” or the “Company”) (NYSE: NEFF) regarding possible breache...
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Inve...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Neff Corporation ("Neff" or the "Company") (NYSE: NEFF) stock prior to July 14, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Neff to H&E Equipment Services Inc. (NASDAQ: HEES). Under the terms of the transaction, shareholders of Neff will receive $21.07 in cash for each share of Neff common stock they ...
Neff Corporation Announces First Quarter 2017 Results
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE: NEFF) today reported its financial results for the first quarter ended March 31, 2017. Graham Hood, Chief Executive Officer of Neff Corporation, commented, “The first quarter of 2017 was another very good quarter for Neff’s rental business as we generated record first quarter results for rental revenues and EBITDA, each of which increased by 5.3% year-over-year. This performance reflects our ability to execute our strategy and take advantage of the ongoing stren...
Neff Corporation Announces First Quarter 2017 Conference Call and Webc...
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE:NEFF) today announced that Graham Hood, Chief Executive Officer, and Mark Irion, Chief Financial Officer, expect to discuss the Company's results for the first quarter ended March 31, 2017, during a conference call scheduled for Wednesday, April 26, 2017, at 10:00 a.m. ET. The Company expects to release the financial results for the first quarter on Tuesday, April 25, 2017, following the market close. Shareholders and other interested parties may participate in t...
Neff Corporation Announces Fourth Quarter and Full Year 2016 Results a...
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE:NEFF) today reported its financial results for the fourth quarter and full year ended December 31, 2016. Graham Hood, Chief Executive Officer of Neff Corporation, commented, "We were pleased with the growth we generated in our fourth quarter and full year 2016 results. During 2016, we grew our rental revenues and operating income in our core construction driven end-markets. We anticipate continued growth in these markets in 2017. Our approach for 2017 is t...
Neff Corporation Announces Fourth Quarter and Full Year 2016 Conferenc...
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE: NEFF) today announced that Graham Hood, Chief Executive Officer, and Mark Irion, Chief Financial Officer, expect to discuss the Company's results for the fourth quarter and year ended December 31, 2016, during a conference call scheduled for Friday, March 3, 2017, at 11:00 a.m. ET. The Company expects to release the financial results for the fourth quarter and year ended on Thursday, March 2, 2017, following the market close. Shareholders and other interested pa...
Ford Equity US Rating and Forecast Report
Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.
Neff Corporation Announces Third Quarter 2016 Results
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE: NEFF) today reported its financial results for the third quarter ended September 30, 2016. Graham Hood, Chief Executive Officer of Neff Corporation, commented, “The third quarter of 2016 was another solid quarter for Neff’s rental business as we generated record third quarter results for rental revenues, which increased by 5.8% year-over-year. This performance reflects our ability to execute our strategy and take advantage of the ongoing strength in the construc...
Neff Corporation Announces Third Quarter 2016 Conference Call and Webc...
MIAMI--(BUSINESS WIRE)-- Neff Corporation (the “Company”) (NYSE: NEFF) today announced that Graham Hood, Chief Executive Officer, and Mark Irion, Chief Financial Officer, expect to discuss the Company's results for the third quarter ended September 30, 2016, during a conference call scheduled for Wednesday, October 26, 2016, at 10:00 a.m. ET. The Company expects to release the financial results for the third quarter and year ended on Tuesday, October 25, 2016, following the market close. Shareholders and other interested part...
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