Edition:
India

KLX Inc (KLXI.OQ)

KLXI.OQ on NASDAQ Stock Exchange Global Select Market

72.55USD
8:14pm IST
Change (% chg)

$-0.31 (-0.43%)
Prev Close
$72.86
Open
$72.84
Day's High
$72.84
Day's Low
$72.55
Volume
5,380
Avg. Vol
202,957
52-wk High
$82.50
52-wk Low
$45.73

Latest Key Developments (Source: Significant Developments)

Boeing To Acquire KLX Inc To Enhance Services Business Growth
Tuesday, 1 May 2018 

May 1 (Reuters) - Boeing ::TO ACQUIRE LEADING AEROSPACE PARTS DISTRIBUTOR KLX INC. TO ENHANCE SERVICES BUSINESS GROWTH.SAYS BOEING WILL ACQUIRE KLX INC. FOR $4.25 BILLION.SAYS ANTICIPATED ANNUAL COST SAVINGS OF APPROXIMATELY $70 MILLION BY 2021, WITH FURTHER IMPROVEMENTS REALIZED OVER TIME.SAYS NO CHANGE TO BOEING'S 2018 GUIDANCE OR CAPITAL DEPLOYMENT STRATEGY.SAYS BOEING'S ACQUISITION OF KLX INC. WILL INCLUDE KLX INC.'S AEROSPACE SOLUTIONS GROUP.SAYS KLX INC. WILL BE PART OF BOEING GLOBAL SERVICES AND FULLY INTEGRATED WITH AVIALL.  Full Article

KLX Announces Review Of Strategic Alternatives To Maximize Shareholder Value
Saturday, 23 Dec 2017 

Dec 22 (Reuters) - KLX Inc ::KLX INC. ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUE.KLX INC - STRATEGIC ALTERNATIVES COULD INCLUDE, AMONGST OTHERS, A SALE OF CO OR A SALE OF A DIVISION OR DIVISIONS THEREOF.KLX INC - STRATEGIC ALTERNATIVES COULD ALSO INCLUDE BUSINESS COMBINATION OR CONTINUING AS STANDALONE ENTITY.KLX CEO SAYS "WE REMAIN CONFIDENT IN KLX'S STRATEGIC PLAN".  Full Article

KLX Inc Reports Qtrly Adj EPS Of $0.88
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Klx Inc ::REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS: REVENUES UP 17.4%; OPERATING EARNINGS UP 56.7%; RAISES 2017 EPS GUIDANCE AND PROVIDES 2018 INITIAL OUTLOOK.SEES FY 2018 ADJUSTED EARNINGS PER SHARE ABOUT $3.80.SEES FY 2017 ADJUSTED EARNINGS PER SHARE ABOUT $3.10.Q3 EARNINGS PER SHARE $0.51.SEES FY 2018 REVENUE UP ABOUT 10 PERCENT.SEES FY 2017 REVENUE UP ABOUT 17 PERCENT.SEES FY 2018 REVENUE ABOUT $1.95 BILLION.SEES FY 2017 REVENUE ABOUT $1.75 BILLION.Q3 REVENUE $456.7 MILLION VERSUS I/B/E/S VIEW $442.2 MILLION.Q3 EARNINGS PER SHARE VIEW $0.78 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED EARNINGS PER SHARE $0.88‍​.  Full Article

BRIEF-KLX Inc - Boeing May Be Required To Pay KLX $175 Million As Deal Termination Fee

* KLX INC -BOEING MAY BE REQUIRED TO PAY KLX TERMINATION FEE OF $175 MILLION IF DEAL TERMINATED BY KLX OR BOEING UNDER SOME CONDITIONS - SEC FILING Source text (https://bit.ly/2rcvOWK) Further company coverage: (Reuters.Briefs@thomsonreuters.com)