Remy Signs Definitive Agreement To Be Acquired By BorgWarner
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July 14, 2015 11:59 AM EDT
Moody's Investors Service said that BorgWarner's (NYSE: BWA) announcement that it has entered into a definitive agreement to acquire Remy International, Inc., is credit negative but does not currently impact BorgWarner's Baa1 senior unsecured rating, nor stable rating outlook. For further information, please see... More
July 14, 2015 6:57 AM EDT
B. Riley downgraded Remy Internationa (NASDAQ: REMY) from Buy to Neutral with a price target of $29.50.
For an analyst ratings summary and ratings history on Remy Internationa click here. For more ratings news on Remy Internationa click here.
Shares of Remy Internationa closed at $29.24 yesterday.
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July 13, 2015 2:22 PM EDT
Sidoti downgraded Remy Internationa (NASDAQ: REMY) from Buy to Neutral with a price target of $30.00 (from $27.00).
For an analyst ratings summary and ratings history on Remy Internationa click here. For more ratings news on Remy Internationa click here.
Shares of Remy Internationa closed at $20.53 yesterday.
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July 13, 2015 8:01 AM EDT
BorgWarner (NYSE: BWA) has entered into a definitive agreement to acquire Remy International, Inc. (NASDAQ: REMY), a global market leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, Remy is strongly positioned to benefit from global growth. As of December 31, 2014 the company employed 6,600 people... More
