KLX Inc. stock price

KLX Inc. latest news:


  • 12/22/2017 15:24:22

    KLX stock up 9% after company says it is exploring 'strategic alternatives'

    Shares of KLX Inc. rose more than 9% late Friday after the company said it is to explore "strategic alternatives" for its future, which could include a sale, a sale of a division or divisions of the company, a deal, or continuing as a standalone, it said in a statement. KLX, which makes aerospace fasteners and other products, has hired Goldman Sachs as financial adviser. "We remain confident in KLX's strategic plan and the significant growth opportunities available to us. At the same time, we are open-minded and willing to consider any path that maximizes value for our shareholders," Chief Executive Amin J. Khoury said. Shares ended the regular trading day down 0.3% and had been halted for part of the late session. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/22/2017 14:14:44

    KLX stock halted after company says it is exploring 'strategic alternatives'

    Shares of KLX Inc. were halted late Friday after the company said it is to explore "strategic alternatives" for its future, which could include a sale, a sale of a division or divisions of the company, a deal, or continuing as a standalone, it said in a statement. KLX, which makes aerospace fasteners and other products, has hired Goldman Sachs as financial adviser. "We remain confident in KLX's strategic plan and the significant growth opportunities available to us. At the same time, we are open-minded and willing to consider any path that maximizes value for our shareholders," Chief Executive Amin J. Khoury said. Shares ended the regular trading day down 0.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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