to take something away from forcibly; dispossess: to deprive someone of his property; to keep from having, using, or enjoying: to be deprived of one's rights; to remove from office, esp. ecclesiastical office; Origin of deprive
Shares of Haemonetics Corporation HAE scaled a new 52-week high of $58.02 on Nov 17, closing nominally lower at $57.99. The company has gained 43.9% in the last six months, much higher than the S&P 500âs gain of 7.8%. Haemonetics has also beat the broader industryâs gain of 7.3%. The stock has a market cap of $3.06 billion. Further, Haemoneticsâ estimate revision trend for the current year is favorable. In the past 30 days, five estimates moved up with no movement in the opposite direction. Consequently, estimates were up from $1.61 per share to $1.70.
Under the terms of the deal, Adidas-Salomon AG will pay $59 per share for all of Reebok International Ltd.âs outstanding stock, a premium of 34 percent to Tuesdayâs closing price, said Adidas Chairman and CEO Herbert Hainer. U.S. shares of Reebok rose 30 percent on the news. Adidas shares rose more than 7 percent in Frankfurt trading. âThis is a once-in-a-lifetime opportunity to combine two of the most respected and well-known companies in the worldwide sporting goods industry,â he said.