Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
ROCKWELL COLLINS INCO. (US), a company active in the Aerospace industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 4 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date November 23, 2018, the closing price was USD 14...
United Technologies plans to acquire Rockwell Collins for $140 per share ($23 billion equity value plus $7 billion in assumed debt). We believe the deal will not face regulatory roadblocks due to limited product overlap. We also think United Technologies has a proven ability to close large deals (for example, $18.4 billion for Goodrich in 2012). We're assuming the deal closes in 2018, noting that the equity value paid for Rockwell can fluctuate subject to a two-way collar on United Technologies ...
Narrow-moat Rockwell Collins announced its third-quarter fiscal 2018 results. Owing to the pending United Technologies acquisition of Rockwell, management didn’t hold a call. Despite aircraft manufacturers' concerns over the combined entity's market power and what looks like a drawn-out process for Chinese regulatory approval, we think the United Technologies deal will go through as planned. Based on comments from United Technologies’ management, we’re expecting closure in the third calend...
Narrow-moat Rockwell Collins announced its third-quarter fiscal 2018 results. Owing to the pending United Technologies acquisition of Rockwell, management didn’t hold a call. Despite aircraft manufacturers' concerns over the combined entity's market power and what looks like a drawn-out process for Chinese regulatory approval, we think the United Technologies deal will go through as planned. Based on comments from United Technologies’ management, we’re expecting closure in the third calend...
Narrow-moat Rockwell Collins announced its third-quarter fiscal 2018 results. Owing to the pending United Technologies acquisition of Rockwell, management didn’t hold a call. Despite aircraft manufacturers' concerns over the combined entity's market power and what looks like a drawn-out process for Chinese regulatory approval, we think the United Technologies deal will go through as planned. Based on comments from United Technologies’ management, we’re expecting closure in the third calend...
We came away from Farnborough thinking that signs of life exist in regional jets, the Boeing 797 aircraft might not be launched after all, and demand is still very weak for large wide-bodies like the 777X and A350-1000. Per the Flight Global order tracker, aircraft manufacturers landed 1,464 orders and options (excluding conversions), which represents a 238 aircraft increase over the 2017 Paris Air Show. Additionally, a tentative deal between the Department of Defense and Lockheed Martin on the ...
We came away from Farnborough thinking that signs of life exist in regional jets, the Boeing 797 aircraft might not be launched after all, and demand is still very weak for large wide-bodies like the 777X and A350-1000. Per the Flight Global order tracker, aircraft manufacturers landed 1,464 orders and options (excluding conversions), which represents a 238 aircraft increase over the 2017 Paris Air Show. Additionally, a tentative deal between the Department of Defense and Lockheed Martin on the ...
Narrow-moat Rockwell Collins announced its second-quarter fiscal 2018 results. Owing to the pending United Technologies purchase of Rockwell, management didn’t hold a call. Despite aircraft manufacturers' concerns over the combined entity's market power, we think regulators will approve the United Technologies deal. In addition, nothing in United Technologies' earnings call or in Rockwell's results changed our view that the acquisition will close at the end of the second quarter or early in th...
Narrow-moat Rockwell Collins announced its second-quarter fiscal 2018 results. Owing to the pending United Technologies purchase of Rockwell, management didn’t hold a call. Despite aircraft manufacturers' concerns over the combined entity's market power, we think regulators will approve the United Technologies deal. In addition, nothing in United Technologies' earnings call or in Rockwell's results changed our view that the acquisition will close at the end of the second quarter or early in th...
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)-- Rockwell Collins, Inc. (NYSE: COL) today reported sales for the second quarter of fiscal year 2018 of $2.180 billion, a 62% increase from the same period in fiscal year 2017, or 5% organic growth excluding $776 million of revenue from the acquisition of B/E Aerospace. Second quarter fiscal year 2018 earnings per share was $1.43 compared to $1.27 in the prior year's second quarter. Adjusted earnings per share for the second quarter of fiscal year 2018 was $1.81 compared to $1.39 in the prior year's...
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)-- The Board of Directors of Rockwell Collins (NYSE: COL) has declared a quarterly dividend of 33 cents per share on its common stock, payable June 4, 2018, to shareholders of record at the close of business on May 15, 2018. About Rockwell Collins Rockwell Collins (NYSE: COL) is a leader in aviation and high-integrity solutions for commercial and military customers around the world. Every day we help pilots safely and reliably navigate to the far corners of the earth; keep wa...
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)-- Rockwell Collins (NYSE: COL) will issue a press release reporting its second quarter fiscal year 2018 financial results at approximately 6:30 a.m. Eastern Time on Friday, April 27, 2018. In light of the announced transaction with United Technologies Corp. (UTX), the company will not hold a conference call for its results for the second quarter. About Rockwell CollinsRockwell Collins (NYSE: COL) is a leader in aviation and high-integrity solutions for commercial and militar...
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)-- Rockwell Collins has selected three employees as the company’s 2017 Corporate Engineers of the Year. The recipients are Angelo Joseph, a principal systems engineer in Commercial Systems; Adriane Van Auken, a principal systems engineer in Government Systems; and Frédéric Trincal, a principal systems engineer in International & Service Solutions. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180219005048/en/ The 2017 Rockwell Collins Corporate ...
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