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Thousands honor Miktarian at funeral
Mourners line procession route for slain officer
Officers mourn Miktarian as brother
Cleveland Clinic doctors use new procedure in kidney surgery
Scouts go back to old cookie bakers
Group resubmits sewer petitions
94 campers get to 'be kids again'
Money flowing to replace Regula
Most Read Stories
Cavs sign Gibson to 5-year deal
Killing of Twinsburg officer is described
Officers mourn Miktarian as brother
'We lost a brother. We're hurting'
Concert fees are simply bait, switch
Mourners line procession route for slain officer
Scouts go back to old cookie bakers
Blogs:
Akron Law Café:
Privity in Peril
The Heldenfiles:
Friday Morning Notebook
Balanced Ledger:
… more baseball
Patrick McManamon:
An online conversation …
Browns Bulletin:
Bell and Rucker being unsigned not unusual
Cleveland Browns:
Browns training camp schedule
Cleveland Indians:
Cliff Lee overcomes his own demons this All Star start.
Akron Aeros:
LaPorta’s true character revealed in collision at plate
Akron Zips:
Northwest’s Klatt commits to Michigan State
Varsity Letters:
Wadsworth’s Cline signs at Mount Union
Kent State Sports:
Jarvis on Maxwell watch list
Ohio Politics:
Obama Focused On Women In Ohio
All Da King's Men:
Wanted: One President, No Experience Required
Blog of Mass Destruction:
6 Degrees of Executive Privilege Separation
Akrocentric:
Charles Taormina discusses "Acceptance of Individual Authors," self-publishing resources
Akron Gamer:
Midnight Madness
BokBluster:
Go With the Flow
Ohio Travels with Betty:
Are there caves to explore on Lake Erie's islands?
Olympic Dreams - Running:
Back to Phase One
Sound Check:
John Mayer at Blossom
Tia's Trends:
The Montague's and Their Chocolate Factory!
Afternoon presentation to feature Chenevert of United Technologies
Published on Wednesday, Mar 05, 2008
Beacon Journal staff report
Diebold Inc. shares fell slightly on Tuesday as industry analysts updated investment recommendations following United Technologies' disclosure on Sunday that it was making a hostile $2.6 billion bid for the Green maker of ATMs and electronic voting machines.
Diebold shares dropped $1.16, or 3 percent, to $37.68. Shares are up 31.3 percent since Jan. 1, and are down 17.1 percent from a year ago. Shares on Monday rose 61 percent from Friday's close of $24.12 after United Technologies said it is willing to pay $40 a share for Diebold.
Diebold's board of directors on Monday rejected the United Technologies offer as being premature as well as too low.
Industry analysts had differing views on Diebold shares.
According to Bloomberg News, two analysts rate Diebold a ''Buy,'' four call shares a ''Hold,'' and one rates the stock as a ''Sell.''
Jefferies analyst Yvonne M. Varano downgraded her recommendations on Diebold to hold from buy, saying she did not see enough of an upside in the near future to merit buying.
Investment firm Robert W. Baird analyst Reik Read, meanwhile, upgraded Diebold to
''Outperform'' from ''Neutral,'' because he expects a higher bid from United Technologies.
Meanwhile, United Technologies Corp. President and Chief Operating Officer Louis Chenevert will speak to analysts this afternoon at the Citigroup Global Industrial Manufacturing Conference. The proposed Diebold acquisition is expected to generate questions.
Chenevert's presentation is scheduled for 3:45 p.m. and will be on a live Web cast at http://www.utc.com.
Get the full article here.
Inside Ohio.com
F.Y.I.
It's Hobo Weekend in Summit County
Hobo-themed events Friday through Sunday at Deep Lock Quarry Metro Park in Peninsula
