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Rockwell Collins Inc (COL.N)

COL.N on New York Stock Exchange

137.53USD
22 Feb 2018
Change (% chg)

$0.95 (+0.70%)
Prev Close
$136.58
Open
$136.85
Day's High
$138.68
Day's Low
$136.85
Volume
223,795
Avg. Vol
288,573
52-wk High
$139.63
52-wk Low
$93.21

Latest Key Developments (Source: Significant Developments)

Rockwell Collins' Shareowners Vote In Favor Of Acquisition By UTC
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Rockwell Collins Inc ::ROCKWELL COLLINS' SHAREOWNERS VOTE OVERWHELMINGLY IN FAVOR OF ACQUISITION BY UTC.ROCKWELL COLLINS INC - MORE THAN 96 PERCENT OF ALL VOTES CAST WERE IN FAVOR OF TRANSACTION.ROCKWELL COLLINS INC - PROPOSED TRANSACTION IS EXPECTED TO CLOSE BY Q3 OF 2018.  Full Article

Office Depot Says Joseph Lower Appointed CFO
Thursday, 4 Jan 2018 

Jan 3 (Reuters) - Office Depot Inc ::OFFICE DEPOT INC ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER.SAYS JOSEPH T. LOWER APPOINTED CFO.- JOSEPH LOWER TO REPLACE RETIRING CFO STEPHEN HARE.OFFICE DEPOT - LOWER MOST RECENTLY SERVED AS VICE PRESIDENT AND CFO AT B/E AEROSPACE.  Full Article

Rockwell Collins Says CEO's FY 2017 Total Compensation Was $8.1 Mln
Friday, 15 Dec 2017 

Dec 14 (Reuters) - Rockwell Collins Inc ::ROCKWELL COLLINS INC SAYS CEO ROBERT ORTBERG'S FY 2017 TOTAL COMPENSATION WAS $8.1 MILLION VERSUS $7.6 MILLION IN FY 2016 - SEC FILING.  Full Article

Rockwell Collins sets quarterly dividend of $0.33 per share
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Rockwell Collins Inc :Sets quarterly dividend of $0.33 per share.  Full Article

Rockwell Collins reports Q4 adjusted earnings per share $1.80
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Rockwell Collins Inc :Rockwell Collins reports fourth quarter fiscal year 2017 financial results.Q4 adjusted earnings per share $1.80.Q4 earnings per share $1.29 from continuing operations.Q4 earnings per share view $1.80 -- Thomson Reuters I/B/E/S.Q4 sales $2.193 billion versus I/B/E/S view $2.23 billion.Rockwell Collins Inc - In light of pending acquisition of co by United Technologies Co will not hold conference call for Q4 results.Rockwell Collins Inc - In light of pending acquisition of co by United Technologies co will not be issuing guidance for fiscal year 2018​.  Full Article

United Technologies to acquire Rockwell Collins for $30 bln
Tuesday, 5 Sep 2017 

Sept 4 (Reuters) - United Technologies Corp -:United Technologies to acquire Rockwell Collins for $30 billion.United Technologies will acquire Rockwell Collins for $140.00 per share, in cash and utc stock.United Technologies says under terms of agreement, each Rockwell Collins shareowner will receive $93.33 per share in cash and $46.67 in shares of utc common stock.Deal expected to generate cost synergies in excess of $500 million.Anticipate acquisition to be accretive to utc adjusted earnings per share after first full year following closing.United Technologies says expects to fund cash portion of transaction consideration through debt issuances and cash on hand.Purchase price implies total equity value of $23 billion and total transaction value of $30 billion, including Rockwell Collins' net debt.United Technologies says reaffirmed its expectations for 2017 sales of approximately $58.5 to $59.5 billion and adjusted earnings in range of $6.45 to $6.60 per share.United Technologies says morgan stanley & co. Llc is acting as financial advisor toUnited Technologies.Upon deal completion , Rockwell Collins and utc aerospace will be integrated to create new business unit named collins aerospace systems.United Technologies says expects deal to generate an estimated $500 plus million of run-rate pre-tax cost synergies by year four.Kelly Ortberg will assume role of chief executive officer with Dave Gitlin serving as president and Chief Operating Officer.  Full Article

United Technologies to buy Rockwell Collins for $23 bln- WSJ
Tuesday, 5 Sep 2017 

Sept 4 (Reuters) - Rockwell Collins Inc :United Technologies to buy Rockwell Collins for $23 billion, United Technologies will pay $140 share in cash and stock- WSJ, citing sources.  Full Article

Rockwell Collins announces pricing of senior notes offering
Wednesday, 29 Mar 2017 

Rockwell Collins Inc : Rockwell Collins announces pricing of senior notes offering . Priced a public offering of senior notes in a combined aggregate principal amount of $4.65 billion . Notes will be issued in $300 million of 1.950% notes due 2019 . Rockwell Collins- Net proceeds of offering will be used to finance portion of consideration for co's previously announced acquisition of B/E Aerospace . Rockwell Collins - Notes will be issued in $1.1 billion of 2.800% notes due 2022, $950 million of 3.200% notes due 2024, $1.3 billion of 3.500% notes due 2027 . Notes will be issued in $1.0 billion of 4.350% notes due 2047 . Rockwell Collins - Will use net proceeds of offering of 2019 notes to repay a portion of its outstanding short-term commercial paper borrowings .Rockwell Collins - If B/E Aerospace acquisition is not completed on or prior to October 21, 2017 , co will redeem outstanding 2022, 2024, 2027 and 2047 notes.  Full Article

Rockwell Collins files for potential mixed shelf offering; size not disclosed
Thursday, 16 Mar 2017 

Rockwell Collins Inc :Files for potential mixed shelf offering; size not disclosed.  Full Article

Rockwell Collins sets quarterly dividend of $0.33per share
Tuesday, 2 Aug 2016 

Rockwell Collins Inc :Sets quarterly dividend of $0.33per share.  Full Article

United Tech to decide on breakup of businesses by end of 2018

Aero parts maker United Technologies Corp is exploring a breakup of its business portfolio, including jet engines, elevators and air conditioners, Chief Executive Greg Hayes said at the Barclays investor conference in Miami on Wednesday.