Conglomerates: Global Eagle Acquisition (NASDAQ:ENT), Harbinger Group (NYSE:HRG), Icahn Enterprises LP (NASDAQ:IEP), Lydall (NYSE:LDL)

Posted by on Mar 03, 2014

Global Eagle Entertainment Inc. (ENT) announced on 26 February that it will release fourth quarter and full year 2013 financial results after the market close on Thursday, March 6, 2014. Global Eagle Acquisition Corp (NASDAQ:ENT) stock opened at $17.81 in last session, and closed at $17.58, while the day range of Global Eagle Acquisition Corp (NASDAQ:ENT) stock is $17.42 – $18.01. The stock showed a positive weekly performance of -0.17%.

Harbinger Group (NYSE:HRG) announced its earnings results on Thursday. The company reported ($0.28) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.41, ARN reports. The company had revenue of $1.51 million for the quarter, compared to the consensus estimate of $1.22 million. Harbinger Group Inc. (NYSE:HRG) stock opened at $11.49 in last session, and closed at $11.35 by losing -0.87%. The 52 week range of $7.33 – $12.14. Company’s market capitalization is $1.58B.

Billionaire investor Carl Icahn Enterprises LP (NASDAQ:IEP) and eBay Inc. took their war of words up a notch on Wednesday. Icahn, who last month called for eBay to sell off its fast-growing PayPal payments business, called corporate governance at the e-commerce giant “dysfunctional” in his second letter to eBay shareholders this week. Icahn Enterprises LP (NASDAQ:IEP) stock increased 0.02% and finished the last session at $111.22. The EPS of the stock remained 7.24. Company’s market capitalization is $12.46B.

Lydall, Inc. (NYSE:LDL), announced that it has acquired the industrial filtration businesses of Andrew Industries Limited, an Altham, United Kingdom-based corporation, for $83 million in cash. Lydall, Inc. (NYSE:LDL) stock opened the session at $20.44, and closed the session at $20.26. The 52 week range of the Lydall, Inc. (NYSE:LDL) stock remained $13.29 – $20.78 and the day range was $20.10 – $20.71.

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