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Search resuls for: "Colt CZ's"


2 mentions found


Wall St ends mixed in truncated Black Friday trading
  + stars: | 2023-11-24 | by ( Stephen Culp | ) www.reuters.com   time to read: +4 min
The S&P 500 (.SPX) closed nominally higher, while the Dow (.DJI) eked out a modest gain. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. Of the 11 major sectors in the S&P 500, nine ended with gains, led by healthcare (.SPXHC). The S&P 500 posted 23 new 52-week highs and no new lows; the Nasdaq Composite recorded 77 new highs and 51 new lows. Volume on U.S. exchanges was 4.97 billion shares, compared with the 10.49 billion average for the full session over the last 20 trading days.
Persons: Peter Cardillo, Cardillo, Brendan McDermid, decliners, Stephen Culp, Sruthi Shankar, Shristi, Richard Chang Organizations: Nvidia, Vista Outdoor, Colt, Dow, Nasdaq, Spartan Capital Securities, Retailers, U.S, Insider Intelligence, Commerce, New York Stock Exchange, REUTERS, PMI, Dow Jones, Communication, Reuters, Czech, Xpeng, Volkswagen, NYSE, Thomson Locations: China, New York, U.S, New York City, Bengaluru
Czech gunmaker Colt CZ makes offer for Vista Outdoor
  + stars: | 2023-11-23 | by ( Jason Hovet | ) www.reuters.com   time to read: +3 min
Visitors look at firearms from Colt CZ Group at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsPRAGUE, Nov 23 (Reuters) - Czech gunmaker Colt CZ Group (CZG.PR) has made a cash-and-stock merger offer to Vista Outdoor (VSTO.N), valuing the U.S. sporting and outdoor goods group's shares at a 16% premium. Colt CZ said it proposed keeping the company together, scrapping plans to separate Vista at this time. Colt CZ, along with a majority shareholder and its chairman, together acquired more than 5% of Vista shares, they announced in October. Colt CZ shares fell around 3% at the Prague open on Thursday but had recovered to trade nearly 1% higher by 1053 GMT.
Persons: Sarah Meyssonnier, Colt CZ's, Vista, Colt, Jason Hovet, Mark Potter Organizations: Colt CZ, REUTERS, Rights, Vista, Czechoslovak Group, Czechoslovak, Colt, CSG, Thomson Locations: Paris, Villepinte, France, Czech, U.S, Vista, Prague
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