NEW YORK, NY / ACCESSWIRE / October 24, 2019 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Milacron Holdings Corp. (NYSE:MCRN) The investigation ...
Moody's Investors Service (Moody's) placed Hillenbrand, Inc.'s (Hillenbrand) Baa3 senior unsecured rating under review for downgrade. The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, falling oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets.
Milacron Holdings' (MCRN) shareholders have approved its merger with Hillenbrand, thus removing the final hurdle of the deal.
A former Milacron Holdings Corp. executive has been named to the C-suite of Hillenbrand Inc., which recently purchased the West Chester-based manufacturer.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Milacron LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
NEW YORK, NY / ACCESSWIRE / October 24, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
Milacron's (MCRN) third-quarter results are likely to reflect low order levels thanks to weakness in the automotive sector and impact of the trade on customers' investment decisions.
NEW YORK, NY / ACCESSWIRE / November 1, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the second quarter. We get to see hedge funds' thoughts towards the market and […]
Greater Cincinnati has one fewer public company today as two local firms officially join forces. Batesville, Ind.-based Hillenbrand Inc. (NYSE: HI) has acquired Blue Ash-based Milacron (NYSE: MCRN) in a cash and stock deal valued at $1.9 billion, the company announced on Thursday. “The completion of the Milacron acquisition represents a pivotal step in our journey to become a world-class global diversified industrial company, and we look forward to realizing the benefits of this transformative transaction as we continue to execute our strategy to drive profitable growth,” Hillenbrand CEO and president Joe Raver said in a statement.
NEW YORK, NY / ACCESSWIRE / October 22, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
Hillenbrand, Inc. (HI) reported results today for the fourth quarter and full fiscal year, which ended September 30, 2019. Excluding the negative impact of foreign currency exchange, revenue increased 4%. The growth was driven primarily by an increase of 3% in the Process Equipment Group segment, including 1% from the acquisition of BM&M Screening Solutions Ltd. Batesville revenue was essentially flat.
Moody's Investors Service (Moody's) said Hillenbrand Inc.'s (Hillenbrand) delayed progress in demonstrating near-term improvement in credit metrics following the Q4 2019 purchase of Milacron Holdings Corp. (Milacron) is credit negative but the Baa3 senior unsecured rating or negative outlook are not affected at this time. Hillenbrand is a diversified industrial company composed of two business segments with the Process Equipment Group providing highly engineered industrial equipment and Batesville a recognized leader in the North American death care industry. This publication does not announce a credit rating action.
Milacron's (MCRN) Q3 results reflect negative impact of global slowdown and the U.S.-Sino trade-war tensions.
WILMINGTON, Del., Oct. 21, 2019 -- Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District.
Milacron Holdings (MCRN) delivered earnings and revenue surprises of -2.86% and -13.41%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hillenbrand, Inc. New York, October 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hillenbrand, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
NEW YORK, Nov. 01, 2019 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Vitamin Shoppe, Inc. (NYSE: VSI) The.
Moody's Investors Service ("Moody's") has withdrawn the ratings of Milacron LLC ("Milacron"), including the B2 corporate family rating, B2 rating on its senior secured (term loan) bank credit facility due September 2023 and SGL-2 speculative grade liquidity rating. The ratings withdrawal follows the consummation of Milacron's acquisition by Hillenbrand, Inc., which resulted in the full repayment of the company's debt on November 21, 2019. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings available on its website, www.moodys.com.
Milacron Holdings (MCRN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.