Key Developments: Harman International Industries Inc (HAR.N)

HAR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Harman International Industries Inc announces strategic collaboration with SoftBank, Sprint, Trikomsel and Brightstar
Monday, 24 Feb 2014 03:00am EST 

Harman International Industries Inc:Entered into a strategic collaboration with Softbank (Japan), Sprint (U.S.A), Trikomsel (Indonesia), and Brightstar worldwide.Partners will exclusively sell the newly designed Harman Kardon(reg) Onyx Studio(tm) portable Bluetooth wireless speaker to their customers globally.  Full Article

Harman International Industries Inc declares quarterly dividend
Thursday, 30 Jan 2014 08:00am EST 

Harman International Industries Inc:Says the board has declared a cash dividend of $0.30 cents per share for the quarter ended Dec. 31, 2013.Says the quarterly dividend will be paid on Feb. 25, to each stockholder of record as of the close of business on Feb. 10.  Full Article

Harman International Industries Inc raises FY 2014 guidance
Thursday, 30 Jan 2014 08:00am EST 

Harman International Industries Inc:Raised FY 2014 guidance.Expects FY 2014 revenue to be $5.100 bln.Expects FY 2014 EBITDA to be $535 mln.Expects FY 2014 EPS to be 4.16.FY 2014 revenue of $4.85 bln, EBITDA of $514 mln and EPS of $3.98 - Thomson Reuters I/B/E/S.  Full Article

Harman International Industries Inc Announces Quarterly Cash Dividend
Thursday, 31 Oct 2013 08:00am EDT 

Harman International Industries Inc announced that it has declared a cash dividend on October 31, 2013 of $0.30 cents per share for the quarter ended September 30, 2013. The quarterly dividend will be paid on November 25, 2013, to each stockholder of record as of the close of business on November 11, 2013  Full Article

Harman International Industries Inc Acquires Duran Audio
Thursday, 17 Oct 2013 11:20am EDT 

Harman International Industries Inc announced the acquisition of privately-held Duran Audio BV. The acquisition provides HARMAN with access to electro-acoustic and software-based directivity control technologies including the AXYS Intellivox line of "steerable" columns. The AXYS products and technologies will become an integrated part of the HARMAN Professional audio product line.  Full Article

Harman International Industries Inc Issues FY 2014 Revenue Outlook Below Estimates; EPS Above Estimates; Issues FY 2016 Revenue Outlook Above Estimates; Comments On FY 2014, 2016 EBITDA Outlook
Thursday, 8 Aug 2013 11:15am EDT 

Harman International Industries Inc announced that for fiscal 2014, it expects revenues of $4.700 billion, EBITDA of 10% and EPS of $3.85. For fiscal 2016, it expects revenues of $6.050 billion and EBITDA of 13.0%. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.76, revenue of $4.719 billion for fiscal 2014; revenue of $5.795 billion for fiscal 2016.  Full Article

Harman International Industries Inc Announces Quarterly Cash Dividend
Tuesday, 6 Aug 2013 08:00am EDT 

Harman International Industries Inc announced that it has declared a cash dividend on August 6, 2013 of $0.30 cents per share for the quarter ended June 30, 2013. The quarterly dividend will be paid on August 30, 2013, to each stockholder of record as of the close of business on August 16, 2013.  Full Article

Harman International Industries Inc Announces Additional $200M Share Buyback
Thursday, 27 Jun 2013 08:30am EDT 

Harman International Industries Inc announced that its Board of Directors has authorized the repurchase of up to an additional $200 million of the Company's common stock. This amount supplements the $70.7 million that remained as of the end of the third quarter under the Board's previous authorization of $200 million repurchase originally announced in October 2011.  Full Article

Harman International Industries Inc Doubles Annual Dividend
Wednesday, 26 Jun 2013 08:30am EDT 

HARMAN International Industries Inc announced that its board of directors has adopted an annual cash dividend policy pursuant to which the Company will increase its annual cash dividend to $1.20 per share, to be paid quarterly at the rate of $0.30 per share. The higher rate represents a 100% increase over the prior quarterly rate of $0.15 per share. The increased dividend will go into effect for the new fiscal year, which starts July 1, 2013, and the first quarterly payment will be in September 2013.  Full Article

Harman International Industries Inc Announces Quarterly Cash Dividend
Thursday, 2 May 2013 08:00am EDT 

Harman International Industries Inc announced that it has declared a cash dividend on May 2, 2013 of $0.15 cents per share for the quarter ended March 31, 2013. The quarterly dividend will be paid on May 28, 2013, to each stockholder of record as of the close of business on May 13, 2013.  Full Article

BRIEF-Guangdong Goworld's unit to supply components for Germany's Harman/Becke, annual orders $30 mln

* Says unit to supply components for Germany's automobile audio equipment firm Harman/Becke, annual orders worth $30 million

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