65.00 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||65.01 x 1100|
|Ask||65.02 x 800|
|Day's Range||64.31 - 66.13|
|52 Week Range||60.35 - 88.10|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.60 (0.94%)|
|1y Target Est||97.20|
The Brink's Co. shares rose 6% Tuesday, after the company announced a $50 million accelerated share buyback with Bank of America Merrill Lynch. The cash management and transportation company said it will pay the bank $50 million and it will receive 700,000 shares, with more to come in February when the deal is expected to be completed. The company is financing the deal with proceeds from its revolving credit facility. It will have $106 million remaining in its share buyback authorization once the deal is complete. Separately, Brink's said it has won antitrust approval for the acquisition of Brazil-based Rodoban, a cash-in-transit and ATM services company, for about $130 million in cash. That deal is expected to close by year-end or shortly after. Brink's shares have fallen 16% in 2018, while the S&P 500 has fallen 0.4%.
RICHMOND, Va., Dec. 11, 2018 -- The Brink’s Company (NYSE:BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced.
The Brink’s Company (BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that it has entered into an accelerated share repurchase ("ASR") agreement with Bank of America Merrill Lynch to repurchase $50 million of the company’s common stock. Under terms of the agreement, Brink’s will pay $50 million to Bank of America Merrill Lynch and will receive approximately 700,000 shares based on market prices representing approximately 80% of the total shares the company expects to repurchase under the ASR agreement. Brink’s will receive additional shares over a time period ending by February 4, 2019, when the ASR transaction is expected to be completed. The final number of shares to be repurchased will be based on the volume-weighted average price of Brink’s common stock during the term of the transaction, less a discount and subject to adjustments related to the terms and conditions of the ASR agreement. Brink’s is funding the accelerated share repurchase with proceeds from its revolving credit facility.
RICHMOND, Va., Dec. 03, 2018 -- The Brink’s Company (NYSE:BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced.
It’s a problem previously more common to drug cartels: How do you move high-risk substances between one place and the next? In the murky world of international drug trafficking, past solutions have involved catapults to hurl packages over borders, or fake buttocks with compartments to hide drugs. Others take their chances with FedEx. But in…
SMITHS FALLS, ON , Nov. 8, 2018 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (WEED.TO) (CGC) today announced that it has entered into a multi-year agreement with The Brink's Company (BCO) through its Brink's Canada subsidiary to provide secure logistics and cash management services for Canopy Growth's domestic and international cannabis operations. The Brink's Company is the global leader in total cash management, secure route-based logistics and payment solutions and its global infrastructure will allow Canopy Growth to scale efficiently as its logistics needs become increasingly complex. "Brinks' reputation as a trusted industry leader has been earned by providing reliable secure transport services for over 90 years in Canada ," said Mark Zekulin , President and Co-CEO, Canopy Growth.
Brink’s to Provide Secure Logistics and Cash Management Services to Canada’s Largest Cannabis Producer RICHMOND, Va., Nov. 08, 2018 -- The Brink’s Company (NYSE:BCO), the.
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Moody's Investors Service ("Moody's") affirmed The Brink's Company's ("Brink's") Ba1 Corporate Family rating ("CFR"), Ba1-PD Probability of Default rating ("PDR"), Ba2 senior unsecured and SGL-2 Speculative Grade Liquidity ratings. "Although Brink's will likely incur additional debt to fund acquisitions, Moody's expects sustained growth in profit rates and free cash flow, driven by new products and multi-faceted cost reduction initiatives, especially in its relatively-low profit but large North American operations, leading to the revision of the outlook to stable from negative" said Edmond DeForest, Moody's Senior Credit Officer. Brink's operating performance has showed substantial improvements since 2016, although the company has also incurred debt to fund acquisitions and generates modest free cash flow compared to other Ba1-rated services companies.
Cash-management company Brink’s Co. said it earned $17.4 million, or 34 cents a share, in the third quarter, down from $19.9 million, or 38 cents a share, a year earlier.
Brink's (BCO) delivered earnings and revenue surprises of 13.75% and 2.40%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Richmond, Virginia-based company said it had profit of 34 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 91 cents per share. The armored ...
Strong Organic Growth in U.S., Mexico and South America Significantly Exceeds Currency Impact Management Updates 2018 Guidance, Provides Preliminary Guidance for 2019.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of The Brink’s Company (NYSE:BCO) as an investment opportunity by taking the Read More...
Brink's (BCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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RICHMOND, Va., Oct. 11, 2018 -- The Brink’s Company (NYSE:BCO), the global leader in cash management, route-based secure logistics and security solutions, will host a.
RICHMOND, Va., Oct. 04, 2018 -- The board of directors of The Brink’s Company (NYSE:BCO) declared a quarterly dividend of 15 cents per share on the company’s common stock. The.