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John Bean Technologies Corp - JBT STOCK NEWS

Welcome to our dedicated news page for John Bean Technologies (Ticker: JBT), a resource for investors and traders seeking the latest updates and insights on John Bean Technologies.

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 John Bean Technologies'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 John Bean Technologies's position in the market.

Rhea-AI Summary
JBT Corporation (NYSE: JBT) declares a quarterly cash dividend of $0.10 per share, payable on March 25, 2024, to stockholders of record on March 11, 2024. The company is a global technology solutions provider for the food & beverage industry, with diversified revenue streams and a strong global presence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
dividends
-
Rhea-AI Summary
JBT Corporation reports record fourth quarter and full year results for 2023, showing significant growth in income, earnings per share, and adjusted EBITDA. The company emphasizes its transition to a pure-play food and beverage technology solutions provider, with strong financial performance and margin expansion. JBT also outlines its 2024 outlook, expecting mid-single-digit organic growth and continued margin expansion through supply chain efficiency initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.38%
Tags
earnings
-
Rhea-AI Summary
JBT Corporation (NYSE: JBT) is set to announce its Q4 and full year 2023 financial results on February 20, 2024, followed by a conference call on February 21, 2024. The company is a leading global technology solutions provider for the food & beverage industry, with a strong presence in over 25 countries and approximately 5,100 employees worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
earnings
Rhea-AI Summary
JBT Corporation reported strong 2023 preliminary earnings per share, exceeding guidance, and announced a proposed merger with Marel hf. The merger is expected to create a leading global food and beverage technology solutions provider. JBT also outlined its 2024 guidance, including a voluntary takeover offer for Marel shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.91%
Tags
acquisition earnings
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Rhea-AI Summary
JBT Corporation (JBT) Extends Deadline for Voluntary Takeover Offer for Marel hf. (Marel) as Announced by the Financial Supervisory Authority of the Central Bank of Iceland
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
acquisition
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Rhea-AI Summary
JBT Corporation (JBT) proposes to acquire all outstanding common stock of Marel hf. for €3.40 per share, representing a 46% premium to Marel's unaffected closing share price. The proposed offer implies an enterprise value of approximately €3.4 billion for Marel. JBT remains open to further dialogue with the Board of Marel to design a win-win outcome.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
acquisition
Rhea-AI Summary
JBT Corporation (NYSE: JBT) declared a quarterly cash dividend of $0.10 per share of outstanding common stock, payable on January 02, 2024. With roughly one-half of its annual revenue from recurring parts, service, rebuilds, and leasing operations, JBT is a leading global technology solutions provider to high-value segments of the food & beverage industry, employing approximately 5,100 people worldwide and operating in more than 25 countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
Tags
dividends
-
Rhea-AI Summary
JBT Corporation (JBT) has submitted a non-binding initial proposal to acquire the entire share capital of Marel hf. JBT has received an irrevocable undertaking and entered into exclusivity with respect to the shares owned by Eyrir Invest hf., which holds 24.7% of the shares in Marel. This potential voluntary takeover offer aligns with JBT's strategic plan and M&A objective, aiming for transactions with strong industrial logic and significant synergy potential while maintaining a strong balance sheet and preserving future strategic flexibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
acquisition
-
Rhea-AI Summary
JBT Corporation reports strong third-quarter results with increased income and earnings per share. The company also completed the sale of AeroTech, generating a pre-tax book gain of $588 million. The demand environment in Europe and Asia is improving, and the poultry end markets are expected to drive better order activity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.04%
Tags
earnings
Rhea-AI Summary
JBT Corporation to report Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
earnings
John Bean Technologies Corp

NYSE:JBT

JBT Rankings

JBT Stock Data

3.33B
31.34M
1.17%
102.74%
2.88%
Food Product Machinery Manufacturing
Manufacturing
Link
United States
Chicago

About JBT

jbt is a leading supplier of integrated food processing solutions. from single machines to complete processing lines, we enhance value and capture quality, nutrition and taste in food products. we market our solutions and services to multi-national and regional industrial food processing companies. our foodtech offerings include: • freezer solutions for the freezing and chilling of meat, seafood, poultry, ready-to-eat meals, fruits, vegetables, dairy and bakery products; • protein processing solutions that portion, coat, fry and cook poultry, meat, seafood, vegetable and bakery products; • in-container processing solutions for the filling, closing and sterilization of fruits, vegetables, soups, sauces, dairy and pet food products as well as ready-to-eat meals in a wide variety of modern packages; • fruit and juice processing solutions that extract, concentrate and aseptically process citrus, tomato and other fruits, vegetables and juices; and • automatic guided vehicles for mate