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Heico Corp. - HEI.A STOCK NEWS

Welcome to our dedicated news page for Heico (Ticker: HEI.A), a resource for investors and traders seeking the latest updates and insights on Heico.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heico's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Heico's position in the market.

Rhea-AI Summary
HEICO Corporation has completed its acquisition of Wencor Group for $1.9 billion in cash and $150 million in HEICO Class A Common Stock. The acquisition is expected to be accretive to HEICO's earnings and help achieve its growth objectives. Wencor is a commercial and military aircraft aftermarket company that provides replacement parts and repair services. HEICO anticipates meaningful synergies and growth opportunities from the acquisition.
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0.73%
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Rhea-AI Summary
HEICO Corporation has closed an offering of $600 million in aggregate principal amount of 5.250% Senior Notes due 2028 and $600 million in aggregate principal amount of 5.350% Senior Notes due 2033. The net proceeds from the sale of the Notes will be used to fund a portion of the purchase price for the acquisition of Wencor Group and for general corporate purposes. The Wencor Acquisition is expected to close by the end of calendar year 2023.
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-1.31%
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Rhea-AI Summary
HEICO Corporation CEO Laurans A. Mendelson to Receive Prestigious Award
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2.61%
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0.5%
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-7.89%
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0.71%
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-5.21%
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0.42%
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Heico Corp.

NYSE:HEI.A

HEI.A Rankings

HEI.A Stock Data

Aircraft Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Hollywood

About HEI.A

heico corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronics related products and services in the united states and internationally. the company operates through two segments, flight support group (fsg/heico aerospace) and electronic technologies group (etg). heico aerospace offers jet engine and aircraft component replacement parts. it also involves in manufacturing specialty aircraft/defense related parts; offering thermal insulation blankets primarily for aerospace, defense, and commercial applications; subcontracting for original equipment manufacturers (oems); providing specialty parts as a subcontractor for aerospace and industrial oems, and the united states government. in addition, this segment distributes hydraulic, pneumatic, mechanical, and electro-mechanical components for the aviation markets.