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Xylem Inc (XYL.N)

XYL.N on New York Stock Exchange

72.65USD
22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Pure Technologies Announces Receipt Of Regulatory Approval For Arrangement
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Pure Technologies Ltd ::PURE TECHNOLOGIES - RECEIVED WRITTEN NOTICE FROM U.S. FTC OF EARLY TERMINATION OF WAITING PERIOD UNDER HART-SCOTT-RODINO ACT IN CONNECTION WITH ARRANGEMENT​.PURE TECHNOLOGIES LTD - ‍ UNDER ARRANGEMENT, XYLEM TO ACQUIRE ALL OF CO'S OUTSTANDING COMMON SHARES FOR CDN $9.00 PER SHARE​.  Full Article

Pure Technologies Says Obtained Interim Order From Court Related To Proposed Sale Of Co To Xylem
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Pure Technologies Ltd ::PURE TECHNOLOGIES -OBTAINED INTERIM ORDER FROM COURT OF QUEEN'S BENCH OF ALBERTA RELATED TO PROPOSED SALE OF CO TO XYLEM BY WAY OF PLAN OF ARRANGEMENT.PURE TECHNOLOGIES - INTERIM ORDER, AMONG OTHER THINGS, AUTHORIZES CO TO CALL, HOLD SPECIAL MEETING OF HOLDERS OF COMMON SHARES, OPTIONS OF CO.PURE TECHNOLOGIES LTD - IN ACCORDANCE WITH INTERIM ORDER, SPECIAL MEETING WILL BE HELD ON JANUARY 24, 2018.  Full Article

Xylem To Acquire Pure Technologies, A Leader In Smart Infrastructure Assessment And Management For The Water Industry
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Xylem Inc ::XYLEM TO ACQUIRE PURE TECHNOLOGIES, A LEADER IN SMART INFRASTRUCTURE ASSESSMENT AND MANAGEMENT FOR THE WATER INDUSTRY.XYLEM INC - DEAL FOR USD$397 MILLION.XYLEM INC - DEAL EXPECTED TO BE MODESTLY ACCRETIVE TO 2018 ADJUSTED EARNINGS.XYLEM INC - ‍XYLEM WILL FINANCE TRANSACTION WITH CASH AND LOW INTEREST, SHORT-TERM DEBT​.XYLEM INC - DEAL FOR CAD $9.00 PER SHARE IN CASH.XYLEM INC - PURE'S BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED TRANSACTION AND RECOMMENDS THAT PURE SHAREHOLDERS VOTE IN FAVOR OF TRANSACTION.XYLEM INC - ‍DEFINITIVE AGREEMENT PROVIDES FOR PAYMENT OF A TERMINATION FEE OF CAD$25 MILLION TO XYLEM IN CERTAIN CIRCUMSTANCES​.  Full Article

Xylem Inc declares fourth quarter dividend of 18 cents per share
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Xylem Inc ::Declares fourth quarter dividend of 18 cents per share.  Full Article

Xylem sees FY 2016 revenue about $3.8 bln
Tuesday, 1 Nov 2016 

Xylem Inc : Xylem -q3 reported operating margin declined 110 basis points to 12.2 percent; adjusted operating margin increased 90 basis points to 14.6 percent . Xylem inc - xylem increased its forecast of full-year 2016 revenue to approximately $3.8 billion . Xylem is maintaining same adjusted eps mid-point for full year 2016 . Xylem inc - on an organic basis, xylem's fy revenue growth now is anticipated to be one-and-one-half percent . Xylem inc - xylem is maintaining same adjusted eps mid-point for full year . Xylem inc - also updating its projected restructuring and realignment costs to approximately $45 million for year . Fy2016 earnings per share view $2.04, revenue view $3.72 billion -- Thomson Reuters I/B/E/S . Xylem inc. Reports third quarter 2016 earnings . Q3 adjusted earnings per share $0.54 . Q3 earnings per share $0.41 . Q3 revenue $897 million versus i/b/e/s view $913.5 million . Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S . Sees fy 2016 adjusted earnings per share $2.02 to $2.04 .Sees fy 2016 revenue about $3.8 billion.  Full Article

Xylem announces closing of offering of $900 mln of senior notes
Tuesday, 11 Oct 2016 

Xylem Inc :Xylem Inc announces closing of offering of $900 million of senior notes.  Full Article

Xylem to acquire Sensus for $1.7 bln in cash
Monday, 15 Aug 2016 

Xylem Inc : Xylem Inc to acquire Sensus, a global leader in smart meters, network technologies and advanced data analytics solutions for the water industry, for $1.7 billion in cash . Expects acquisition to be accretive to adjusted earnings in 2017 . FY2016 earnings per share view $2.04, revenue view $3.71 billion -- Thomson Reuters I/B/E/S . There is no change to xylem's full-year 2016 adjusted earnings outlook . Cash transaction with deployment of about $400 million of Xylem's non-U.S. Cash, new and existing credit facilities . Xylem expects to maintain quarterly dividend payments to shareholders. . Xylem reaffirms 2016 earnings outlook; expects acquisition to be accretive to adjusted earnings in 2017 . Expects acquisition to be accretive to adjusted earnings in 2017 . Expects to achieve at least $50 million in annual cost synergies from deal .$50 million in annual cost synergies to be substantially realized within three years of deal closing.  Full Article

Xylem reports Q2 adjusted EPS $0.48
Tuesday, 2 Aug 2016 

Xylem Inc : Q2 adjusted earnings per share $0.48 . Q2 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.39 . Q2 revenue $932 million versus I/B/E/S view $927.7 million . Sees FY 2016 adjusted earnings per share $2.00 to $2.06 . Sees FY 2016 revenue about $3.7 billion .FY2016 earnings per share view $2.05, revenue view $3.73 billion -- Thomson Reuters I/B/E/S.  Full Article

Xylem Inc names Mark Rajkowski senior VP and CFO
Monday, 7 Mar 2016 

Xylem Inc:Mark Rajkowski named senior vice president and chief financial officer of Xylem Inc.Shashank Patel, who has served as interim CFO of Xylem since July 2015, will work closely with Rajkowski to ensure a smooth transition.  Full Article

Xylem Inc gives FY 2016 guidance
Thursday, 4 Feb 2016 

Xylem Inc:Projects FY 2016 organic revenue growth of two to four percent and adjusted earnings per share of $1.95 to $2.05.  Full Article

BRIEF-Pure Technologies Announces Receipt Of Regulatory Approval For Arrangement

* PURE TECHNOLOGIES - RECEIVED WRITTEN NOTICE FROM U.S. FTC OF EARLY TERMINATION OF WAITING PERIOD UNDER HART-SCOTT-RODINO ACT IN CONNECTION WITH ARRANGEMENT​