|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||42.50 - 45.75|
|52 Week Range||39.61 - 96.11|
|Beta (3Y Monthly)||1.75|
|PE Ratio (TTM)||19.63|
|Forward Dividend & Yield||0.34 (0.73%)|
|1y Target Est||N/A|
German conservative Manfred Weber said on Monday that the 2016 purchase of German robotics maker Kuka by China's Midea showed that it was necessary to protect European firms. Weber is leader of the European ...
Moody's Investors Service, ("Moody's") has today withdrawn all ratings of KUKA AG (KUKA). Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. Headquartered in Augsburg, Germany, KUKA focuses on robot-based automation of manufacturing processes and offers its products and solutions to following customer segments: Automotive (representing roughly 50% of group revenues), Industries (28%) and Consumer Goods & Logistics Automation (18%).
Germany agreed new rules on Wednesday to lower the threshold for screening and even blocking purchases of stakes in German firms by non-Europeans, in a move to fend off unwanted takeovers by Chinese investors in strategic areas. The decision by Angela Merkel's cabinet is a response to mounting concern that China's state-backed companies are gaining too much access to key technologies in Europe's biggest economy while Beijing shields its own companies. Under the new rules, which come into effect immediately, Berlin can intervene on grounds of public interest if a non-European investor buys a 10 percent stake in a company, sharply reducing the threshold from 25 percent.
Moody's Investors Service, ("Moody's") today changed the outlook on KUKA AG's (KUKA) rating to negative from stable. Concurrently, Moody's affirmed at Baa3 the LT issuer rating of KUKA. "Today's rating action was driven by a further increase in KUKA's leverage in Q3 materially above Moody's expectations to maintain a stable Baa3 rating, a continuation of negative free cash flow and the company's recent profit warning, indicating more challenging market conditions ahead," says Oliver Giani, lead analyst for KUKA.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...