Posted ago 0 minutes, updated ago 0 minutes
Here is a selection of announcements that have made (or will make) move the prices of these companies:
(Come back and read us from time to time
so as not to miss an update)
The Quebec multinational CAE (CAE, US $ 26.47) Acquires U.S. Company Defense Training and Simulation Activities L3Harris Technologies (LHX, US $ 181.91) for US $ 1.05 billion. A definitive agreement has been reached with L3Harris for the acquisition of its Military Training division and the closing is expected to occur in the second half of calendar year 2021, CAE announced on Monday. The acquired division includes Link Simulation & Training, Doss Aviation and AMI, which are, respectively, a provider of military training solutions to the United States, a provider of initial flight training to the United States Air Force and a design and manufacture of equipment for simulators. Once the acquisition is complete, the division will operate under CAE USA, headquartered in Tampa, Florida. The transaction is financed by subscription receipts issued to the Caisse de dépôt et placement du Québec (CDPQ) for CA $ 475 million as well as to GIC Private Limited, the Singaporean sovereign wealth fund, for CA $ 225 million and by ‘other cash currently available.
The Swiss group of computer accessories Logitech (LOGI, US $ 108.04) adjusted its financial targets on Monday, saying it expects growth to slow down next year after an exceptional 2020/2021 fiscal year for which it raised the bar again. The Swiss group, which manufactures keyboards, mice, videoconferencing and gaming accessories has further raised its sales target for the current year, now forecasting an increase of 63% (excluding currency effects), he said. indicated in a press release. In mid-January, during the publication of its third quarter results, the group which publishes its results on a staggered basis had said to expect an increase in its sales of around 57 to 60% for the 2020 financial year. -2021 which is due to end at the end of March. The Swiss group has seen its sales explode from quarter to quarter since the start of the health crisis with demand for webcams, video conferencing accessories and tablets, boosted by teleworking, telemedicine and distance school. In the third quarter alone, its sales had jumped 85% on year to reach 1.6 billion dollars.