Type
|
public |
---|---|
Traded as | NASDAQ: BBOX S&P 600 Component |
Industry | Telecommunication |
Founded | Lawrence, Pennsylvania June 25, 1975 |
Headquarters | 1000 Park Drive, Lawrence, Pennsylvania, U.S. |
Area served
|
Worldwide |
Key people
|
E.C. Sykes (CEO) |
Products | Digital Signage KVM switches Network Management Network Security Datacenter WAN Optimization |
Revenue | US$992M (FY 2015) |
Operating income
|
US$28.574M (FY 2015) |
Net income
|
US$15.3M (FY 2015) |
Total assets | US$686M (FY 2015) |
Total equity | US$337M (FY 2015) |
Number of employees
|
4,300 |
Website | www |
Black Box Corporation, also doing business as Black Box Network Services, is headquartered in the Pittsburgh suburb of Lawrence, Pennsylvania, United States. The company is a provider of communications products.
The company has a long history. In the 1970s it was called the Expandor division of Micom Systems, and offered printer switches popularly called "black boxes". It published a popular "Black Box Catalog". Another division, Interlan, sold local area network equipment. After a slow-down in business in the mid-1980s and Black Monday of 1987, Odyssey Partners acquired the company in 1988, through a leveraged buyout. A proposed sale was met with a lawsuit, although the Interlan division was sold to Racal in 1989. Micom was re-organized in 1990 after losses from the debt servicing. Despite getting $5.5 million in fees for the deal, Drexel Burnham Lambert filed for its own bankruptcy the same year. The no-action letter from the United States Securities and Exchange Commission in June 1990 has been used as a legal precedent for similar cases.
The profitable catalog sales business moved from Simi Valley in California to Lawrence, Pennsylvania and changed its name to Black Box Incorporated. The telecommunications product business was split out to a subsidiary called Micom Communications Corporation. An initial public offering was made in December 1992 to cover the debt used to finance the 1990 deal (after two previous failed attempts), under the name MB Communications. In 1994, Micom was spun off, and acquired by Nortel in June 1996.
https://www.blackbox.com
2016-01-27 | Downgrade | Sidoti | Buy to Neutral | $18.00 to $7.00 |
2015-08-04 | Upgrade | Sidoti | Neutral to Buy | $20.00 |
2014-09-10 | Reiterated Rating | Jefferies Group | Buy | |
2014-08-11 | Initiated Coverage | Singular Research | Buy | $31.00 |
2014-06-02 | Downgrade | Sidoti | Buy to Neutral | |
2014-05-09 | Upgrade | Sidoti | Neutral to Buy | |
2013-10-30 | Downgrade | Sidoti | Buy to Neutral | |
2009-10-28 | Reiterated | Next Generation | Neutral | $31 to $32 |
2009-07-21 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2009-05-22 | Reiterated | Next Generation | Buy | $35 to $36 |
2009-01-28 | Reiterated | Stifel Nicolaus | Buy | $36 to $33.50 |
2008-05-23 | Reiterated | Stifel Nicolaus | Buy | $59 to $46 |
2007-08-15 | Reiterated | Stifel Nicolaus | Buy | $58 to $59 |
2016-01-27 | Downgrade | Sidoti | Buy to Neutral | $18.00 to $7.00 |
2015-08-04 | Upgrade | Sidoti | Neutral to Buy | $20.00 |
2014-09-10 | Reiterated Rating | Jefferies Group | Buy | |
2014-08-11 | Initiated Coverage | Singular Research | Buy | $31.00 |
2014-06-02 | Downgrade | Sidoti | Buy to Neutral |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In BBOX 11 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 1.26M |
BlackRock Institutional Trust Company, N.A. | 0.70M |
RUSSELL FRANK CO/ | 0.28M |
BlackRock Investment Management, LLC | 80249 |
BLACKROCK ADVISORS LLC | 51209 |
MANAGED ACCOUNT ADVISORS LLC | 48620 |
VTL Associates, LLC | 35827 |
BlackRock Group LTD | 28089 |
BlackRock Japan Co. Ltd | 5215 |
SpiderRock Trading LLC | 480 |
HUNTINGTON NATIONAL BANK | 1 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Sykes Eslie C President and CEO | 0.88% (136177) | BBOX / |
MCANDREW MICHAEL Exec VP, CFO, Sec\'y and Treas. | 0.58% (89951) | BBOX / |
GREIG THOMAS G | 0.53% (82851) | BBOX / RTEC / |
Trammell Joel T. | 0.50% (77320) | BBOX / |
Blakemore Ralph T. President and CEO | 0.48% (74376) | BBOX / |
HELLER JOHN S | 0.34% (52320) | BBOX / |
Basso Ronald EVP, General Counsel and Sec\'y | 0.33% (52011) | BBOX / |
GOLONSKI THOMAS W | 0.31% (48350) | BBOX / |
Crouch Richard L | 0.31% (48150) | BBOX / |
HERNANDEZ WILLIAM H | 0.29% (44850) | ALB / BBOX / KODK / NOC / USG / |
ELIAS RICHARD C | 0.26% (40820) | BBOX / OLED / PPG / |
Davis Kenneth P. Vice President | 0.20% (31536) | BBOX / |
RUSSO DAVID J SVP, CFO & Treasurer | 0.20% (31014) | BBOX / FSTR / |
ANDREWS WILLIAM F | 0.18% (27441) | BBOX / CXW / TREX / |
Huffmyer Timothy C. VP, CFO, Treas. and Sec\'y | 0.14% (22403) | BBOX / SMSI / |
NICHOLSON EDWARD A | 0.14% (22030) | BBOX / |
Comparin Cynthia Jane | 0.08% (12350) | BBOX / |
WERTHEIMBER FRANCIS Senior Vice President | 0.06% (9236) | BBOX / |