Here's Why 2 Big Boeing Suppliers Just Called Off Their $6 Billion Merger [The Motley Fool]
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=75598&p=irol-investors
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Source: The Motley Fool
Back in January, aerospace suppliersWoodward(NASDAQ:WWDHexcelNYSE:HXLBoeingNYSE:BAannounced plans to combineIn a joint statement released on Monday, Woodward and Hexcel said they have decided to terminate their all-stock merger "in response to the increasing impact on both the aerospace and industrial sectors, and global markets broadly" due to the COVID-9 pandemic."The pandemic has resulted in a need for each company to focus on its respective businesses and has impacted the companies' ability to realize the benefits of the merger during these unprecedented times," they said.Image source: Getty Images.Travel demand worldwide has largely evaporated virtually overnight, causingairlinesAirbusOTC:EADSYCommercial aerospace is quickly losing altitudeThe pandemic likely will bring an end to what had been an extended run of strong commercial aircraft sales, but even before the outbreak, there were signs we were in a late stage of the cycle. Large deals like the Woodward/Hexcel merger usually
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News
- Space Prepreg Market is Forecasted to Reach US$ 320 Million in 2032, Says Stratview Research [Yahoo! Finance]Yahoo! Finance
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $63.00 to $60.00. They now have a "hold" rating on the stock.MarketBeat
- A Look Back at Aerospace Stocks' Q3 Earnings: Hexcel (NYSE:HXL) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
- Composites Market Projected to Reach USD 231.2 Billion by 2032 | Expansion in Renewable Energy Applications Drives Market Growth | Report by SNS Insider [Yahoo! Finance]Yahoo! Finance
- Should You Think About Buying Hexcel Corporation (NYSE:HXL) Now? [Yahoo! Finance]Yahoo! Finance
HXL
Earnings
- 10/21/24 - Beat
HXL
Sec Filings
- 11/15/24 - Form SCHEDULE
- 10/25/24 - Form 4
- 10/21/24 - Form 10-Q
- HXL's page on the SEC website