Streetbeat News

CIR

Circor International Inc

http://www.circor.com/

CEO

Scott Buckhout

Employees

756

Industry

Other Aircraft Parts and Auxiliary Equipment Manufacturing

circor international is a global manufacturer specializing in highly engineered, complex, and severe environment products that serve long-term, high growth infrastructure markets, including oil and gas, power generation, industrial, and aerospace & defense.circor. excellence in flow control.

Open

55.98

Mkt cap

1.1B

Volume

2.9M

High

56.00

P/E Ratio

38.89

52-wk high

56.48

Low

55.97

Div yield

N/A

52-wk low

19.54

U.S. stocks traded higher on Tuesday, with several companies recording significant gains. American Equity Investment Life Holding Company received a $55 per share acquisition proposal from Brookfield Reinsurance, while Enovix Corporation announced a purchase order to produce battery cells for the U.S. Army. CIRCOR International accepted a proposal from KKR to increase the price of its previously announced definitive merger agreement.

Portfolio Pulse from Lisa Levin

June 27, 2023 | 2:31 pm

CIRCOR International (CIR) has accepted a proposal from KKR to increase the price of its previously announced definitive merger agreement from $49 to $51 per common share in cash.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:28 pm

CIRCOR has accepted a proposal from KKR affiliates to increase the price of its definitive merger agreement from $49 to $51 per share, valuing the all-cash transaction at $1.7 billion, including debt assumption.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 10:36 am

Small-cap stocks gained momentum in June, with the Russell 2000 Index outperforming larger-cap indices. The iShares Russell 2000 ETF (IWM) beat the S&P 500, Nasdaq 100, Dow Jones, and Russell 1000, indicating a potential trend reversal. Banks, energy, and industrials sectors contributed significantly to the rally.

Portfolio Pulse from Piero Cingari

June 08, 2023 | 8:00 pm

US stocks traded mixed with the Dow Jones dropping over 100 points, while NASDAQ and S&P 500 rose. Crude oil prices increased by 1.2% to $72.60. Notable stock movements include Forza X1, Inc. (FRZA) rising 142%, Timber Pharmaceuticals, Inc. (TMBR) gaining 39%, and CIRCOR International, Inc. (CIR) up 51%. Bellerophon Therapeutics, Inc. (BLPH) dropped 85%, Mallinckrodt plc (MNK) fell 41%, and Castle Biosciences, Inc. (CSTL) declined 47%.

Portfolio Pulse from Lisa Levin

June 05, 2023 | 6:58 pm

Amedisys shares surged 14.2% after receiving an unsolicited proposal from Optum for $100 per share. Other stocks with significant gains include Sono Group, Forza X1, Chijet Motor Company, and CIRCOR International. Bellerophon Therapeutics and Castle Biosciences were among the biggest losers.

Portfolio Pulse from Lisa Levin

June 05, 2023 | 5:09 pm

U.S. stocks traded mixed with Nasdaq Composite gaining around 70 points on Monday. ISM Services PMI dropped to 50.3 in May from 51.9 in April. Communication services shares jumped by 1.3%, while industrials shares fell by 0.5%. Oil traded up 1.5% to $72.81, and gold traded up 0.4% at $1,976.50.

Portfolio Pulse from Lisa Levin

June 05, 2023 | 4:22 pm

Stifel analyst Nathan Jones downgraded Circor Intl (NYSE:CIR) from Buy to Hold and raised the price target from $40 to $49.

Portfolio Pulse from richadhand@benzinga.com

June 05, 2023 | 1:39 pm

10 industrial stocks experienced significant price movements during Monday's pre-market session, with gainers including Circor Intl, Sentage Hldgs, Aenza, Orion Energy Sys, Broadwind, and Ault Alliance. Losers included Fusion Fuel Green, Jayud Global Logistics, Quhuo, and CBAK Energy Tech.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 1:07 pm

CIRCOR International's shares are trading higher after announcing an agreement to be acquired by KKR for $49 per share in cash.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 11:49 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.