UNBELIEVABLE: 4 - Caught on Camera

Parker-Hannifin (NYSE:PH) is set to gain EU antitrust clearance for its $8.3 billion bid for Britain's Meggitt plc (OTC:MEGGF) after offering to sell a U.S. factory to address competition concerns, Reuters reported, citing people familiar with the matter. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The report noted that PH submitted its offer to the…

Parker-Hannifin Corp (NYSE:PH) business segment Parker Aerospace has been selected by the Sikorsky-Boeing team for the DEFIANT X entrant in the Future Long-Range Assault Aircraft (FLRAA). Financial terms were not disclosed. Sikorsky, a Lockheed Martin Co (NYSE:LMT), and Boeing Co (NYSE:BA) are partnered as Team DEFIANT, competing for the Future Vertical Lift FLRAA program award. The hydraulic…

Parker-Hannifin Corp (NYSE:PH) has offered remedies to secure EU antitrust approval for its £6.3 billion bid for British rival Meggitt plc (OTC:MEGGF), reported Reuters. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The EU competition enforcer extended its deadline for a decision to April 11 from March 28. The regulator will seek feedback from rivals and customers…

If history is any guide, there may be trouble ahead for shares of Parker Hannifin (NYSE:PH). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.