Nov. 29, 2012, 8:00 AMCarlisle (CSL) agrees to acquire Thermax-Raydex - a supplier of wires and cables to aerospace, avionics and electronics companies - from Belden in a deal valued at $265M. It looks like Belden already has a use for the money: its board has approved a $200M stock buyback program. (Carlisle PR) | Comment!
Jul. 19, 2011, 9:38 AMCarlisle Companies (CSL +2.6%) announces an agreement to purchase German-company PDT Phoenix for $113M to help boost its European manufacturing and sales presence. The firm also receives an upgrade from FBR Capital Markets to Market Perform from Underperform with a new price target of $45. | Comment!
CSL vs. ETF Alternatives
Carlisle Companies Inc manufactures construction materials. The Company's products includeinsulation materials, rubber, thermoplastic polyolefin, and polyvinyl chloride (PVC) roofing membranes used predominantly on non-residential low-sloped roofs.
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