CALGARY, Sept. 10, 2012 /CNW/ - (TSX: ARX) ARC Resources Ltd. announced they will host their Peters & Co. Limited 2012 Energy Conference webcast on September 11, 2012 at 3:15 PM ET. Please visit http://www.newswire.ca/en/webcast/detail/1025319/1108887 to join the webcast. For a complete program of the September 11th Conference webcasts please visit http://extras.newswire.ca/peters20120911/index.html. CNW's webcast of earnings calls are consistent with Investment Industry Regulatory Organization of Canada (IIROC) objectives to provide investors with material information in a widely accessible and timely manner. Create your own MY CNW account to easily save and manage all the CNW news that is important to you - news releases, multimedia, webcasts and events at http://www.newswire.ca/en/user/register. Visit CNW's webcast calendar for a complete listing of all upcoming and archived webcasts available through CNW Group at http://www.newswire.ca/en/webcast/index.cgi. SOURCE ARC Resources Ltd.
Aeroflex (ARX) surged more than 25% to a one-year high of $10.47 on Tuesday after British aerospace and defense supplier Cobham announced it would purchase the U.S. communications equipment manufacturer for $920 million.
Acquisitive U.K. aerospace company Cobham on Tuesday agreed to buy Plainview, N.Y-based Aeroflex Holding for $1.5 billion in cash and debt to further expand its communications business and offer new markets for the target's products.
Shares of Aeroflex Holding (ARX) are up over 24% in pre-market trade after it was announced that the wireless communications firm entered into a merger agreement with U.K.-listed Cobham in a deal valued at $920 million.