Harman International Industries Inc (HAR.N)
17 Oct 2014
|Market Cap (Mil.):||$6,335.70|
|Shares Outstanding (Mil.):||68.10|
For over seven years, fund managing partners Bob Olstein and Eric Heyman have had the good fortune of investing in a number of companies that were later bought out or became targets of big-name shareholder activists.
Oct 14 - For over seven years, fund managing partners Bob Olstein and Eric Heyman have had the good fortune of investing in a number of companies that were later bought out or became targets of big-name shareholder activists.
- Harman International Industries Inc, maker of JBL and Harman Kardon audio systems, forecast full-year profit below market estimates as it spends more to boost production in lower-cost countries.
* Indexes off: Dow 0.3 pct, S&P 0.4 pct, Nasdaq 0.3 pct (Recasts, updates prices, changes comment, adds Aetna, Harman)
* Shares fall as much as 6 pct (Adds CEO comments, details from conference call; updates shares)
Aug 7 - Harman International Industries Inc , reported a 22 percent rise in quarterly revenue, helped by strong sales of its car entertainment and home audio products.
* Raises 2014 adj earnings forecast to $4.36/share from $4.16
May 1 - Harman International Industries Inc reported a 32 percent rise in quarterly revenue, helped by strong sales of its infotainment systems to luxury carmakers such as BMW and Volkswagen.
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