IEH Corp
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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Blend
Company profile

IEH Corporation (IEH) designs, develops, and manufactures HYPERBOLOID sockets and printed circuit board (PCB) connectors for the military and aerospace industries. HYPERBOLOID technology is used in avionics platforms, military and commercial aerospace equipment, engine control systems, missiles and torpedoes, vehicular electronics, satellites and rocket launchers, medical devices, industrial and environmental controls, test equipment, pin grid array (PGA) socket and rugged applications. IEH serves customers in the United States and abroad, with sales in approximately 40 countries. IEH customers include defense contractors, commercial aerospace equipment manufacturers, medical device manufacturers, oil and gas exploration firms, and commercial space launch companies.

Closing Price
$12.15
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
12.20
Day's Low
12.15
Volume
(Light)
Volume:
2

10-day average volume:
1,000
2

Carlyle acquiring specialty insurance company NSM from White Mountains Insurance

9:42 am ET May 9, 2022 (MarketWatch)
Print

White Mountains Insurance Group Ltd. (WTM) shares rose 6% on Monday after the company said it agreed to sell specialty insurance company NSM Insurance Group for about $1.78 billion to investment funds affiliated with global investment firm Carlyle Group Inc. (CG). White Mountains said the transaction will add about $280 per share to its adjusted book value. White Mountains CEO Manning Rountree, NSM CEO Geof McKernan and John Redett, head of global financial services at Carlyle, led the deal. Shares of White Mountain Insurance are down 3.9% and Carlyle Group stock is off by 32.7% in 2022, compared to a 14.9% drop by the S&P 500 .

-Steve Gelsi

	

(END) Dow Jones Newswires

May 09, 2022 09:42 ET (13:42 GMT)

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