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TE Connectivity Ltd (TEL.N)

TEL.N on New York Stock Exchange

95.95USD
21 Nov 2017
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Latest Key Developments (Source: Significant Developments)

TE Connectivity Q4 adjusted earnings per share $1.25
Wednesday, 1 Nov 2017 06:00am EDT 

Nov 1 (Reuters) - TE Connectivity Ltd :TE connectivity announces fourth quarter and full year results for fiscal year 2017.Q4 adjusted earnings per share $1.25.Q4 earnings per share $1.21 from continuing operations.Sees Q1 2018 sales $3.35 billion to $3.45 billion.Q4 sales $3.5 billion versus I/B/E/S view $3.28 billion.Q4 earnings per share view $1.16 -- Thomson Reuters I/B/E/S.Sees Q1 2018 adjusted earnings per share $1.23 to $1.27.Sees Q1 2018 earnings per share $1.12 to $1.16 from continuing operations.Sees FY 2018 sales $13.7 billion to $14.1 billion.Q1 earnings per share view $1.12, revenue view $3.17 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $5.05, revenue view $13.47 billion -- Thomson Reuters I/B/E/S.  Full Article

TE Connectivity prices offering of $500 mln senior notes
Monday, 31 Jul 2017 06:10pm EDT 

July 31 (Reuters) - TE Connectivity Ltd ::TE Connectivity announces pricing of $500 million senior notes offering.Unit TYCO Electronics Group SA priced offering of $100 million aggregate principal amount of its 3.450 pct senior notes due 2024.Unit TYCO Electronics Group priced offering of $400 million aggregate principal amount of its 3.125 pct senior notes due 2027.  Full Article

TE Connectivity Q3 adj earnings per share $1.24
Wednesday, 26 Jul 2017 06:00am EDT 

July 26 (Reuters) - TE Connectivity Ltd ::Orders for q3, excluding company's subcom business, were $3.3 billion, up 12 percent from prior year .Te connectivity reports third quarter 2017 financial results.Q3 adjusted earnings per share $1.24.Q3 gaap earnings per share $1.21 from continuing operations.Sees q4 2017 sales $3.2 billion to $3.3 billion.Q3 sales $3.4 billion versus I/B/E/S view $3.27 billion.Q3 earnings per share view $1.17 -- Thomson Reuters I/B/E/S.Sees fy 2017 gaap earnings per share $4.54 to $4.56.Sees q4 2017 gaap earnings per share $1.07 to $1.09.Te connectivity ltd says raising midpoint of fiscal 2017 sales and adjusted eps guidance to $12.9 billion and $4.73 respectively.Sees q4 adjusted eps of $1.14 to $1.16.  Full Article

Voxx International to sell its Hirschmann car communication antenna and tuner business
Monday, 26 Jun 2017 08:00am EDT 

June 26 (Reuters) - Voxx International Corp :Voxx International corporation announces definitive agreement with TE connectivity to sell its Hirschmann car communication antenna and tuner business.Voxx International Corp - under terms of stock purchase agreement, TE connectivity will acquire Hirschmann for an enterprise value of 148.5 million euro.Voxx International Corp - under terms of agreement, Voxx International will phase out Voxxhirschmann name over a period of two years.Voxx International - entered definitive agreement to sell Hirschmann car communication gmbh and its worldwide subsidiaries to a subsidiary of te connectivity.Voxx International Corp - Voxx International (Germany) GMBH is selling entity in this transaction..Voxx International - will continue to operate in automotive industry and retain its ongoing oem business is not part of this transaction through Voxxhirschmann.Voxx International Corp - will also continue its automotive aftermarket business through its proprietary brands and 3(rd)-party distribution agreements.Voxx International Corp - Wells Fargo securities is acting as exclusive financial advisor to voxx international on transaction..  Full Article

TE Connectivity Q2 adjusted EPS $1.19
Wednesday, 26 Apr 2017 06:00am EDT 

April 26 (Reuters) - Te Connectivity Ltd :Te connectivity reports second quarter 2017 financial results.Q2 adjusted earnings per share $1.19.Q2 earnings per share $1.13 from continuing operations.Sees q3 2017 sales $3.2 billion to $3.3 billion.Q2 sales $3.2 billion versus i/b/e/s view $3.09 billion.Q2 earnings per share view $1.07 -- Thomson Reuters I/B/E/S.Sees fy 2017 adjusted earnings per share $4.62.Qtrly net sales were $3.2 billion, up 9 percent overall and 8 percent organically, from q2 of 2016.Sees q3 2017 gaap earnings per share $1.08 to $1.12.Sees fy 2017 gaap earnings per share $4.39 to $4.47.Sees fy 2017 sales $12.6 billion to $12.8 billion.Qtrly orders were $3.4 billion, up 20 percent organically from prior year, with a book-to-bill ratio of 1.04.Te expects adjusted eps of $4.58 to $4.66 for fy 2017.Says company raises full-year guidance for sales and earnings.Q3 earnings per share view $1.12, revenue view $3.18 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $4.43, revenue view $12.51 billion -- Thomson Reuters I/B/E/S.Sees q3 non-gaap adjusted diluted earnings per share from continuing operations $1.14 - $1.18.  Full Article

CSS Industries names John Roselli as CFO
Thursday, 19 Jan 2017 04:17pm EST 

CSS Industries Inc : CSS Industries Inc announces appointment of new chief financial officer . CSS Industries Inc announces appointment of new chief financial officer . CSS Industries Inc - John M. Roselli will join organization as its new chief financial officer .CSS Industries Inc says David McHugh, who has served as interim CFO will return to his prior position as company's vice president - finance.  Full Article

TE Connectivity says CEO's 2016 total compensation was $11.4 mln - SEC filing
Wednesday, 18 Jan 2017 03:58pm EST 

Te Connectivity Ltd :CEO Thomas J. Lynch's 2016 total compensation was $11.4 million versus $12.2 million in 2015 - SEC filing.  Full Article

TE Connectivity unit TE SubCom to co-build Pacific Light Cable Network with Facebook, Google and PLDC
Wednesday, 12 Oct 2016 12:00pm EDT 

TE Connectivity Ltd :Unit TE SubCom, along with Facebook, Google, and PLDC, announced that they will co-build Pacific Light Cable Network.  Full Article

TE Connectivity Terrence Curtin will succeed CEO Tom Lynch
Monday, 3 Oct 2016 12:01am EDT 

TE Connectivity Ltd : Lynch will continue as executive chairman of board after transition . Lynch has served as company's chief executive officer since January 2006, was elected to chairman of board in January 2013 . TE Connectivity president Terrence Curtin will succeed CEO tom lynch, effective march 9, 2017 .Company to report 2016 full-year financial results on November 2, 2016.  Full Article

TE Connectivity posts Q3 adjusted earnings of $1.08/share
Wednesday, 20 Jul 2016 06:00am EDT 

Te Connectivity Ltd: TE Connectivity posts fiscal 2016 third quarter results . Q3 adjusted earnings per share $1.08 . Q3 GAAP earnings per share $2.19 . Q3 GAAP earnings per share $2.19 from continuing operations . Q3 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Sees Q4 2016 adjusted earnings per share $1.17 to $1.23 . Sees fy2016 GAAP earnings per share $5.13 to $5.19 . Sees Q4 2016 GAAP earnings per share $1.10 to $1.16 . Sees Q4 2016 sales $3.25 billion to $3.45 billion . Sees fy2016 sales up 11 percent . Sees fy2016 sales $12.15 billion to $12.35 billion . Q3 sales $3.12 billion versus i/b/e/s view $3.13 billion . For full year, reiterating adjusted EPS guidance . For Q4, expect adjusted EPS of $1.17 to $1.23 on sales of $3.25 billion to $3.45 billion . Q3 earnings per share view $1.03, revenue view $3.13 billion -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $3.98, revenue view $12.28 billion -- Thomson Reuters I/B/E/S .TE Connectivity Ltd qtrly total company orders were $2.9 billion, up seven percent sequentially, excluding subcom.  Full Article

BRIEF-TE Connectivity Q4 adjusted earnings per share $1.25

* TE connectivity announces fourth quarter and full year results for fiscal year 2017