Key Developments: AVX Corp (AVX)
12.02USD
23 May 2013
$0.03 (+0.25%)
$11.99
$11.95
$12.08
$11.82
109,911
166,209
$12.18
$9.11
Latest Key Developments (Source: Significant Developments)
AVX Corp Declares Increased Dividend
AVX Corp announced that it has declared an increased dividend of $0.0875 per common share for the quarter ended March 31, 2013. The dividend will be paid to shareholders of record on May 31, 2013 and will be disbursed on June 14, 2013. Full Article
Greatbatch Inc's Greatbatch Ltd Files Patent Infringement Complaint Against AVX Corp In Federal Court
Greatbatch Ltd., a wholly owned subsidiary of Greatbatch Inc., announced that it has filed a complaint in the U.S. District Court for the District of Delaware against AVX Corp and AVX Filter Corporation. The complaint alleges that AVX has infringed a Greatbatch patent by manufacturing and selling filtered feedthrough assemblies used in implantable pacemakers and cardioverter defibrillators that incorporate its patented technology. US Patent 5,905,627 was issued to Richard Brendel and Robert Stevenson for an invention entitled Internally Grounded Feedthrough Filter Capacitor. The invention shields and decouples the terminal pins in implantable medical devices to prevent interference from externally generated electromagnetic fields from devices such as mobile phones. Greatbatch took ownership of key patents in this field when the Company acquired Maxwell Electronics Group Inc. of Carson City, Nevada in 2001. Full Article
AVX Corp Issues Q1 2014 Revenue Guidance Above Analysts' Estimates-Conference Call
AVX Corp announced that for the first quarter of 2014, it expects revenue to increase in the 2% to 3% range compared to the fourth quarter of 2013. The Company reported revenue of $360.55 million in the fourth quarter of 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $362.30 million for the first quarter of 2014. Full Article
AVX Corp Announces Appointment Of President-Form 8-K
AVX Corp reported in its Form 8-K that on February 28, 2013, AVX Corporation announced that effective April 1, 2013, John Lawing, currently Vice President of Advanced Products, will be promoted to President and Chief Operating Officer reporting to John Gilbertson, Chief Executive Officer. Full Article
NICHICON CORP Completes Selling Business to AVX Corporation
NICHICON CORP announced that it has completed to sell its tantalum solid electrolytic capacitor related businesses to AVX Corporation, which is engaged in the manufacturing, development and sale of electronic device in the United States, on February 6, 2013. Full Article
AVX Corp Declares Quarterly Dividend
AVX Corp announced that it declared a dividend of $0.075 per common share for the quarter ended December 31, 2012. The dividend will be paid to shareholders of record on February 22, 2013 and will be disbursed on March 9, 2013. Full Article
AVX Corp Issues Q4 2013 Revenue Guidance Below Analysts' Estimates-Conference Call
AVX Corp announced that it expects fourth quarter of 2013 revenue to increase 2%-3% versus third quarter 2013. The Company reported revenues $339.88 million in the third quarter of 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $357.80 million in the fourth quarter of 2013. Full Article
AVX Corp Declares Quarterly Dividend
AVX Corp announced that it has declared a dividend of $0.075 per common share for the quarter ended September 30, 2012. The dividend will be paid to shareholders of record on November 13, 2012 and will be disbursed on November 26, 2012. Full Article
NICHICON CORP Announces Updates on Selling of Business to AVX Corporation
NICHICON CORP announced that it has decided the price at approximately USD 86 million, for the selling of tantalum solid electrolytic capacitor related businesses to AVX Corporation, which was announced earlier today. Full Article
NICHICON CORP to Sell Business to AVX Corporation
NICHICON CORP announced that it will sell the tantalum solid electrolytic capacitor related businesses to AVX Corporation, which is engaged in the manufacturing, development and sale of electronic device in the United States, effective December 31, 2012. Full Article
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