XIDE: Exide Technologies Instablogs

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Friday, May 24, 2:01 PM Polypore International (PPO -2%) slips on a tepid initiation at Ascendiant Capital with a Neutral and a $45.50 price target. The firm says the stock is trading a premium to its peers, and appears fairly valued based on current metrics. Also adding to the weakness in the shares today could be the plunge in Exide (XIDE -43%). Comment! [On the Move]
Friday, May 24, 1:37 PM Shares of Exide Technologies (XIDE -43%) collapse to a nine year low on a report that it's hired Lazard and Akin Gump Strauss Hauer & Feld to advise on a restructuring, including a possible Chapter 11 filing. The company had initially engaged Deutsche Bank last year to lead a global refinancing, but the effort failed, and management is now pursuing more aggressive restructuring alternatives amid a looming September maturity on its convertible notes. 5 Comments [On the Move]
Friday, May 17, 11:43 AM A broad rally in auto supplier stocks isn't a shocker after positive news piled in from across the globe. In Europe, a long slide in sales has finally reversed while China is opening up the western part of its territory for manufacturers. Just to top it off quite nicely, consumer sentiment rose briskly in the U.S. Advancers: American Axle (AXL) +4.5%, Dana Holding (DAN) +4.1%, TRW Automotive (TRW) +2.2%, Navistar (NAV) +4.4%, Federal-Mogul (FDML) +4.2%, Magna International +1.9%, Meritor (MTOR) +2%, Johnson Controls (JCI) +1.9%, Exide Technologies (XIDE) +5.5%. 1 Comment [Consumer, On the Move]
Friday, April 26, 1:03 PM Midday top 10 gainers: LOGM +24%. LAS +17%. CTCT +16%. NR +15%. DQ +15%. WBSN +14%. QLIK +13%. CPGI +13%. SPWR +12%. CSIQ +12%.
Midday top 10 losers: DYAX -32%. HXM -23%. DLA -16%. IKAN -16%. KEG -15%. FALC -14%. COBR -13%. PKI -13%. XIDE -12%. MMSI -12%. Comment! [On the Move]
Friday, April 26, 11:30 AM Exide Technologies (XIDE -11.8%) sinks for a second day after regulators effectively force the closure of a California lead recycling center. Wedbush analyst Craig Irwin downgrades the shares to Neutral and lowers his price target to $2 from $6. The closure "raises issues around a potential impact on the balance sheet and near-term profitability," he says. Shares are now trading under $1. Comment! [On the Move]
Thursday, April 25, 9:12 AM Premarket gainers: MPG +23%. INFN +19%. AKAM +17%. FIO +16%. CLF +8%. YNDX +7%. NXST +7%. NOW +7%. CAB +6%. CAKE +6%.
Losers: XIDE -15%. WHX -14%. INTU -13%. ZNGA -9%. MLNX -8%. AVEO -7%. CTXS -7%. 1 Comment [On the Move]
Thursday, April 25, 9:05 AM Exide Technologies (XIDE) sinks before the bell after suspending operations at a lead recycling center in California. The state claims XIDE's underground stormwater system doesn't comply with regulations and also alleges the company's furnace emissions aren't up to par. XIDE is "evaluating legal and regulatory remedies." Shares -15% premarket. 1 Comment [On the Move]
Tuesday, April 9, 4:31 PM S&P places Exide Technologies (XIDE) on creditwatch negative due to increasing uncertainty over the company's financial flexibility. The ratings agency views XIDE's liquidity position as "less than adequate" given recent indications of a weaker standing in credit markets and high leverage. 3 Comments [Energy]
Friday, April 5, 9:10 AM Premarket gainers: XIDE +31%. NIHD +10%. NVAX +5%.
Losers: RIGL -36%. FFIV -18%. RDWR -18%. JNPR -7%. CBMX -5%. Comment! [On the Move]
Friday, April 5, 8:53 AM Exide Technologies (XIDE) +34.3% premarket after yesterday's 47.5% plunge. The battery manufacturer announced last night it hired Lazard to review financing options to maximize shareholder value and that it expects FQ4 free cash flow generation to exceed previous guidance. Maxim defends the stock, and believes the current difficulties are temporary. Comment! [Energy, On the Move]
Thursday, April 4, 2:57 PM Exide Technologies (XIDE -49%) resumes trading after a brief halt and plunges; the move is attributed to news suggesting the company has hired Lazard and Akin after traditional refinancing efforts stalled. Also, a Los Angeles Times story out last night discussed potential arsenic concerns at its L.A.-area battery recycling factory. 6 Comments [Energy, On the Move]
Wednesday, March 13, 11:21 AM Exide Technologies (XIDE -0.7%) slips after Moody's lowers its credit ratings by one notch, citing the battery manufacturer's weak operating margins. It also cut its corporate family ratings to Caa1, seven steps into junk territory, from B3. The outlook is negative. Comment! [On the Move]
Thursday, February 7, 5:45 PM After-hours top gainers, as of 5:15 p.m.: XIDE +13%. LLNW +10%. LNKD +10%. MOH +7%. MCHP +7%.
After-hours top losers: NUAN -14%. CSTR -8%. RVBD -7%. BPZ -6%. MTOR -5%. Comment! [On the Move]
Wednesday, February 6, 8:25 PM More on Exide Technologies (XIDE): FQ3 bottom line misses hard, swinging to a loss as the battery maker's restructuring and impairment expenses jumped, margins tightened, and a prior-year tax benefit in France boosted last year's results. Analysts had projected the company to post a profit. Revenue however, beatStreet expectations on increased sales in motive power and network power channels in both its industrial energy segments, as well as higher aftermarket sales in the transportation business's Europe division. 2 Comments [Earnings]
Wednesday, February 6, 4:36 PM Exide Technologies (XIDE): FQ3 loss of ($0.20) may not be comparable to $0.02 estimate. Revenue of $804M beats by $23M. (PR) Shares currently halted. 1 Comment [Earnings, Breaking News]
Wednesday, February 6, 12:10 AM Notable earnings after Wednesday’s close: AKAM, ALL, ARAY, ARRS, ATML, ATO, BDN, CBG, CINF, CVA, CYS, DV, ENS, FMC, GHDX, GMCR, HIMX, IACI, IRBT, LF, NTES, NWSA, ORLY, OSUR, PAA, PDH, PNG, PRU, QUIK, SGMO, SRCL, TQNT, TRLA, TRLG, TSO, TWO, V, XIDE, YELP Comment! [Earnings]

XIDE Exide Technologies

XIDE

Exide Technologies