Pep Boys stock shot up 22% in premarket trading on the news. It's not the first time Pep Boys had considered the advances of a bidder in recent years. After a lengthy back-and-forth with Alec Gores' private equity firm in 2012, the …
Speculators bet Monday that Bridgestone Americas Inc. will top investor Carl Icahn's latest offer for Pep Boys - Manny, Moe & Jack, the Philadelphia-based auto-repair chain, by a Wednesday deadline. Pep Boys stock closed Monday at …
If you are looking for a stock in the Retail/Whlsle-Auto Parts industry, Pep Boys-Manny Moe and Jack ( PBY) could be one to watch closely. Right now the company has a Zacks Rank #1 (Strong Buy) and it has been seeing rising …
It needs to be noted that Pep Boys shares dropped to $11.62 on May 1 and the stock traded over 12 million shares that day after having closed at $14.93 the prior day. The stock jumped from $12.08 to $14.93 on January 30 when the deal …
And investors seem to think that Bridgestone will raise its offer. Shares of Pep Boys are currently trading around $16.25 -- above Icahn's purchase price. The only reason for the stock to be higher than $15.50 is because the market expects …
a 23 percent premium over Pep Boys' Friday closing price of $12.15 a share and a 62 percent premium over the price Pep Boys stock commanded in May when rumors of the deal first broke. "Bridgestone and Pep Boys are two leading …
Icahn's boosted offer sent Pep Boys' stock up as much as 7.1 percent, to $18.65 in late trading on the New York Stock Exchange, but shares closed at $17.41 Monday, down $0.10 or 0.57 percent. Previously, Icahn had said he would pay …
There was something I remember Matt Hasselbeck, backup quarterback for the Indianapolis Colts, telling me about offensive coordinator Pep Hamilton, 40 ... Vanderbilt? Hamilton's stock has become so valuable, so rapidly, the idea of …
Shares of the auto retailer, whose full name is Pep Boys -- Manny, Moe & Jack, fell 3 percent to close at $18.39 today. The stock had gained 93 percent this year, largely driven by the bidding war. Bridgestone’s shares rose the most in two …