Company News for November 26, 2010 - Corporate Summary

Comments
Loading...

• Boeing BA announced plans for "minor design changes" to the electrical system of its troubled 787 Dreamliner, with another delivery schedule expected out in the next few weeks

• A buyout group led by KKR KKR agreed to acquire Del Monte Foods DLM for $19 per share, valuing the firm at about $5 billion including debt

• CPI International CPII is to be purchased by Veritas Capital for $19.50 per share, or $525 million

• The head of Qatar Air criticized Boeing BA and threatened to move extra orders to Europe's Airbus, saying "I was really taken aback by the (787) program. I never expected a program could be delayed so much with a company like Boeing, which has pride in its quality. They have very clearly failed"

• Posco PKX and KT Corp KT reportedly entered a consortium with Woori Finance Holdings WF to bid on South Korea's 57% Woori stake


 
BOEING CO (BA): Free Stock Analysis Report
 
CPI INTL INC (CPII): Free Stock Analysis Report
 
DEL MONTE FOODS (DLM): Free Stock Analysis Report
 
KOREA TELE-ADR (KT): Free Stock Analysis Report
 
WOORI FIN-ADR (WF): Free Stock Analysis Report
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!