The $130 billion acquisition of Vodafone Group Plc (ADR) (NASDAQ:VOD)’s stake in the wireless unit closed today. Chief Executive Officer Lowell McAdam will host a conference call with analysts Feb. 24, followed by a series of private meetings with big investors, all aimed at conveying the strengths of the new Verizon against an increasingly challenging industry backdrop. Vodafone Group Plc (ADR) (NASDAQ:VOD) stock opened at $39.17 in last session, and closed at $39.00, while the day range of stock is $38.56 – $39.57. The stock showed a positive weekly performance of 5.95%.
Tower International (NASDAQ:TOWR) was upgraded by analysts at McLean Capital Management from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, American Banking News reports. Tower International Inc (NYSE:TOWR) stock opened at $26.13, in last session and closed at $26.27, by gaining 0.54%. The 52 week range of the stock is $11.10 – $26.48. Company’s market capitalization is $537.82 million.
Brean Capital increased their price objective on shares of Vectren Corp. (NYSE:VVC) from $41.00 to $43.00 in a research note issued on Friday, ARN reports. Brean Capital’s price target would suggest a potential upside of 13.76% from the company’s current price. Vectren Corp (NYSE:VVC) stock advanced 0.42% and finished the last session at $37.96. The EPS of the stock remained 1.57. Company’s market capitalization is $3.13 billion.
Officials of the Naval Air Systems Command (NAVAIR) at Patuxent River Naval Air Station, Md., awarded Rockwell Collins Inc. (NYSE:COL) an $8 million contract modification for AN/ARC-210(V) aircraft radios and related avionics communications equipment. Rockwell Collins, Inc. (NYSE:COL) stock opened the session at $81.00, and closed the session at $81.97. The 52 week range of the stock remained $57.92 – $82.38 and the day range was $80.98 – $82.38.