IPO Year: n/a
Exchange: NASDAQ
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Colliers Securities resumed coverage of MTS Systems with a rating of Hold
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EDEN PRAIRIE, Minn., March 4, 2021 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC) ("MTS") today announced that, based on the preliminary voting results from a special meeting of shareholders held today, MTS' shareholders have approved the adoption of the previously announced merger agreement relating to the proposed transaction between MTS and Amphenol Corporation (NYSE: APH) ("Amphenol"), whereby MTS will become a wholly-owned subsidiary of Amphenol (the "Merger"). After certification by the inspector of elections, the final voting results will be filed with the U.S. Securities and Exchange Commission (the "SEC") in a Form 8-K, which will also be available at www.sec.gov. Approval
WALLINGFORD, Conn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) today reported fourth quarter 2020 results and announced a 2-for-1 stock split. “While the COVID-19 pandemic continued to impact our business in the fourth quarter 2020, I am very proud that our team drove results that significantly exceeded our expectations, while still prioritizing the safety and health of our employees worldwide,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “We are pleased to have closed 2020 with record fourth quarter sales and Adjusted Diluted EPS exceeding the high end of our guidance. Sales increased by a strong 13% for the quarter, primarily driven by robust g
GLENVIEW, Ill. & WALLINGFORD, Conn.--(BUSINESS WIRE)--Illinois Tool Works Inc. (NYSE: ITW), a global multi-industrial manufacturing leader, and Amphenol Corporation (NYSE: APH), a leading global provider of high-technology interconnect, antenna and sensor solutions, today announced that they have entered into an agreement under which ITW will acquire MTS Systems Corporation’s (Nasdaq: MTSC) Test & Simulation business, following the closing of Amphenol’s acquisition of MTS. “MTS’s Test & Simulation business is highly complementary to our existing Test & Measurement and Electronics business and positions us in new and attractive industry verticals,” said E. Scott Santi, ITW’s Chair
GLENVIEW, Ill. and WALLINGFORD, Conn., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW), a global multi-industrial manufacturing leader, and Amphenol Corporation (NYSE: APH), a leading global provider of high-technology interconnect, antenna and sensor solutions, today announced that they have entered into an agreement under which ITW will acquire MTS Systems Corporation’s (Nasdaq: MTSC) Test & Simulation business, following the closing of Amphenol’s acquisition of MTS. “MTS’s Test & Simulation business is highly complementary to our existing Test & Measurement and Electronics business and positions us in new and attractive industry verticals,” said E. Scott Santi, I
CARLSBAD, Calif., Dec. 22, 2020 /PRNewswire/ -- Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a biotechnology company focused on developing novel therapeutics for the treatment of cancer and infectious diseases, announces that Michael Poirier, Chairman, Chief Executive Officer and President, has issued a letter to Qualigen's stockholders. The full text is as follows: To My Fellow Stockholders, This year has been very exciting and eventful for Qualigen Therapeutics as we became a publicly traded company in May, and subsequently delivered against our business plan with various licensing agreements signed, patents filed and issued, and substantial capital raised, among other key accomplishmen
EDEN PRAIRIE, Minn., Dec. 15, 2020 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of advanced test systems, motion simulators and precision sensors, today reported financial results for its fiscal year 2020 fourth quarter and full year ended October 3, 2020. FULL YEAR FINANCIAL AND OPERATING HIGHLIGHTS Generated operating cash flow of $47.8 million Grew backlog to $457.6 million, an increase of 8.9% over prior year Reported revenue of $828.6 million, a decline of 7.2% over prior year Reported GAAP diluted loss per share of $14.16, including $15.16 of non-cash impairment of assets Delivered adjusted diluted earnings per share of $2.03, including $0.9
WALLINGFORD, Conn. & EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Amphenol Corporation (NYSE: APH) (“Amphenol”), a leading global provider of high-technology interconnect, antenna and sensor solutions, and MTS Systems Corporation (Nasdaq: MTSC) (“MTS”), a leading global supplier of advanced test systems, motion simulators and precision sensors, today announced that they have entered into a definitive agreement under which Amphenol will acquire MTS for $58.50 per share in cash, or approximately $1.7 billion, including the assumption of outstanding debt and liabilities, net of cash. “We have long admired MTS’s technology and position across a variety of attractive end markets,” said R. Ad
CARLSBAD, Calif., Dec. 8, 2020 /PRNewswire/ -- Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a biotechnology company focused on developing novel therapeutics for the treatment of cancer and infectious diseases, today announced the appointments of Amy Broidrick as Executive Vice President, Chief Strategy Officer, a newly created executive position, and veteran public company CEO Sidney Emery, Jr. to the Company's board as an independent director, both effective as of yesterday. Ms. Broidrick will report to Chairman, Chief Executive Officer and President Michael Poirier and will have broad responsibility over the prioritization and execution of the Company's strategic initiatives, particul
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