Bloomberg BusinessweekBloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for June 26

View descriptionShare

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Forterra (FRTA). Forterra Inc.'s shares are headed for their biggest one-day advance since they began trading publicly in October. The maker of pipe and precast-concrete products agreed to sell its U.S. concrete and steel pressure-pipe assets to Thompson Pipe Group. Forterra will received $23.2 million in cash after fees, along with a Thompson drainage-pipe plant in Texas. The company said in a statement that the deal will add to earnings, profit margins and cash flow right after it's completed.

  • Facebook
  • Twitter
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. Bloomberg Businessweek

    4,087 clip(s)

Bloomberg Businessweek

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance  
Social links
Follow podcast
Recent clips
Browse 4,090 clip(s)