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

HAR.N on New York Stock Exchange

145.10USD
24 Apr 2015
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$-1.39 (-0.95%)
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Latest Key Developments (Source: Significant Developments)

Harman completes acquisition of Symphony Teleca
Thursday, 9 Apr 2015 08:00am EDT 

Harman International Industries Inc:Completes acquisition of Symphony Teleca.  Full Article

Harman and Quirky partner to power the next generation of sound
Tuesday, 7 Apr 2015 08:00am EDT 

Harman International Industries Inc:Says new partnership to jointly develop the next generation of audio products.  Full Article

Harman International Industries to acquire Bang & Olufsen's Automotive Audio Business
Tuesday, 31 Mar 2015 06:00am EDT 

Harman International Industries Inc:Announced it has signed an agreement to acquire Bang & Olufsen Automotive car audio business.Bang & Olufsen sound systems are available in a wide range of Audi, Aston Martin, BMW and Mercedes-Benz car models.Terms of the agreement include a purchase price of 145,000,000 Euros for the Bang & Olufsen Automotive audio business, as well as license payments for an exclusive license to the Bang & Olufsen and B&O PLAY brands within the automotive industry.HARMAN will assume all Bang & Olufsen Automotive customer programs, and all Bang & Olufsen Automotive development and production resources will be transferred to HARMAN.  Full Article

Harman International Industries Inc completes acquisition of Redbend
Monday, 2 Mar 2015 08:00am EST 

Harman International Industries Inc:Announced completion of its acquisition of Redbend Ltd.Redbend will operate within HARMAN as an independent business unit led by its existing management team.  Full Article

Harman International Industries Inc raises FY 2015 earnings outlook, reaffirms revenue outlook
Thursday, 29 Jan 2015 08:00am EST 

Harman International Industries Inc:Expects FY 2015 operational EBITDA of $715 million.FY 2015 operational earnings per share of $5.85.FY 2015 revenue of $6.0 billion.FY 2015 revenue of $5.9 billion, EBITDA of $671 million and EPS of $5.23 - Thomson Reuters I/B/E/S.  Full Article

Harman International announces quarterly cash dividend
Thursday, 29 Jan 2015 08:00am EST 

Harman International Industries Inc:Declares a cash dividend of $0.33 cents per share.Payable on Feb. 24, to each stockholder of record as of the close of business on Feb. 9.  Full Article

Harman International Industries Inc to acquire Red Bend Software
Thursday, 22 Jan 2015 08:13am EST 

Harman International Industries Inc:Announces the acquisition of Red Bend Software, a provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services.Says the transaction is valued at $170 mln, including about $99 million in stock and $71 million in cash.  Full Article

Harman International Industries Inc to acquire software services company Symphony Teleca
Thursday, 22 Jan 2015 08:13am EST 

Harman International Industries Inc:Signed an agreement with Symphony Technology Group to acquire Symphony Teleca, a privately-held global software services company.Under the agreement, HARMAN will purchase Symphony Teleca for a base purchase price of $780 million.  Full Article

Harman International Industries Inc appoints CFO
Thursday, 30 Oct 2014 07:05am EDT 

Harman International Industries Inc:Names Sandra E. Rowland as Chief Financial Officer.Appointment will be effective from Jan.1, 2015.  Full Article

Harman International Industries Inc reaffirms FY 2015 guidance
Thursday, 30 Oct 2014 07:03am EDT 

Harman International Industries Inc:Confirms guidance for FY 2015.FY 2015 revenue of $5.9 billion, EBITDA of $673 million and EPS of $5.16 - Thomson Reuters I/B/E/S.  Full Article

UPDATE 1-Bang & Olufsen to sell automotive division, shares leap 40 pct

COPENHAGEN, March 31 - Bang & Olufsen shares jumped up to 40 percent on Tuesday after the Danish luxury stereo and TV maker said it was selling its automotive division to Harman International Industries.

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