Key Developments: NN Inc (NNBR.O)

NNBR.O on Nasdaq

20.37USD
26 Dec 2014
Price Change (% chg)

$0.60 (+3.03%)
Prev Close
$19.77
Open
$19.93
Day's High
$20.42
Day's Low
$19.68
Volume
74,132
Avg. Vol
186,467
52-wk High
$30.94
52-wk Low
$16.62

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Latest Key Developments (Source: Significant Developments)

NN Inc announces quarterly dividend
Tuesday, 11 Nov 2014 02:00pm EST 

NN Inc:Declares a quarterly cash dividend of $0.07 per common share.Dividend will be paid on Dec. 19, to shareholders of record on Dec. 5.  Full Article

NN Inc raises FY 2014 revenue guidance
Tuesday, 4 Nov 2014 07:35am EST 

NN Inc:Revises expected revenue guidance for FY 2014 from $400 mln -$415 mln given earlier this year to $490 mln -$500 mln, including about $103 mln in incremental revenue from four acquired companies.FY 2014 revenue of $487 mln - Thomson Reuters I/B/E/S.  Full Article

NN Inc completes acquisition of Autocam Corporation
Tuesday, 2 Sep 2014 07:45am EDT 

NN Inc:Completes acquisition of Autocam Corporation for about $245.2 million in cash, $29.8 million in assumed debt and $25 million in stock.NN was advised on the transaction by KeyBanc Capital Markets, Inc.  Full Article

NN Inc announces quarterly dividend
Friday, 15 Aug 2014 10:26am EDT 

NN Inc:Declares a quarterly cash dividend of $0.07 per common share.Dividend will be paid on Sept. 19, to shareholders of record as of the close of business on Sept. 5.  Full Article

NN Inc announces definitive agreement to acquire Autocam Corporation
Monday, 21 Jul 2014 08:05am EDT 

NN Inc:Enters into definitive agreement to acquire Autocam Corporation for $244.5 mln in cash, $25.0 mln in stock and the assumption of $30.5 mln in debt.Transaction is expected to be immediately accretive to earnings.Says it anticipates the transaction to close in the third quarter, subject to customary closing conditions and regulatory approval.NN was advised on the transaction by KeyBanc Capital Markets, Inc.  Full Article

NN Inc acquires Chelsea Grinding Company
Tuesday, 15 Jul 2014 01:39pm EDT 

NN Inc:Acquires assets of Chelsea Grinding Company.Chelsea is manufacturer of cylindrical rollers used primarily in the hydraulic pump industry.Financial terms of the deal were not disclosed.  Full Article

NN Inc acquires RFK Valjcici Konjic
Wednesday, 25 Jun 2014 08:25am EDT 

NN Inc:Acquired 79.2 pct of the outstanding shares of RFK Valjcici Konjic.RFK is a manufacturer of tapered roller bearings with operations in Konjic, Bosnia & Herzegovina.NN expects to acquire the remaining shares of RFK in the near future.Financial terms of the deal were not disclosed.  Full Article

NN Inc announces quarterly dividend
Wednesday, 14 May 2014 04:35pm EDT 

NN Inc:Declared a quarterly cash dividend of $0.07 per common share.Dividend will be paid on June 20, to shareholders of record on June 6.  Full Article

NN Inc issues FY 2014 revenue guidance above analysts' estimates
Tuesday, 11 Mar 2014 07:45am EDT 

NN Inc:Expects FY 2014 sales to be in the range of $400 mln to $415 mln.FY 2014 revenue of $398 mln - Thomson Reuters I/B/E/S.  Full Article

NN Inc declares quarterly cash dividend
Tuesday, 11 Feb 2014 08:00am EST 

NN Inc:Declared a quarterly cash dividend of $0.07 per common share.Says the dividend is to be paid on Mar 14, to shareholders of record as of the close of business on Feb 28.  Full Article

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