Goodman Global (GGL Quote) was among the NYSE's winners Monday, with shares surging 12% after the industrial company agreed to a $2.65 billion buyout.
Private equity firm Hellman & Friedman agreed to pay $25.60 a share for Goodman, a maker of heating, ventilation and air-conditioning equipment. The price represents a 17% premium over Goodman Global's Friday close of $21.84. The deal is expected to close in the first quarter. Shares of Goodman Global recently were up $2.63 to $24.47. Elsewhere, shares of Chico's FAS (CHS Quote) jumped 9% after the women's clothing retailer named a new chief financial officer. Chico's hired Kent Kleeberger away from Dollar Tree(DLTR Quote), where he also served as CFO. Kleeberger replaces Charles Kleman, who has said he will retire. Shares of Chico's were adding $1.06 to $13.14. Dollar Tree shares were slipping $2.20, or 5.9%, to $35.26, hurt in part by a JPMorgan downgrade to underweight from neutral. Among earnings winners, Royal Caribbean (RCL Quote) climbed 7.5% after the cruise operator topped profit estimates. For the third quarter, Royal Caribbean earned $395 million, or $1.84 a share, on revenue of $1.42 billion. Analysts anticipated earnings of $1.77 a share and revenue of $1.79 billion, according to Thomson Financial. Looking ahead, Royal Caribbean forecast full-year earnings of $2.80 to $2.85 a share, at the high end of its prior guidance of $2.75 to $2.85 a share. The stock was rising $2.95 to $42.20.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |














