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[530][542][544][547][548]ConAgra Foods Files Form 10 with SEC for Proposed Spin-off (NYSE:CAG)

ConAgra Foods (NYSE:CAG) has filed a form 10 registration statement with the U.S. SEC for its proposed split into two independent public companies, which will be named Lamb Weston Holdings and Conagra Brands. Lamb Weston will be led by Thomas Werner, who is currently the president of Commercial Foods at ConAgra Foods. Its portfolio will consist of frozen potato, sweet[Read More…]

by July 13, 2016 0 comments StockNews

[530]OPTIONS: Straddle Prices for Companies Reporting Financial Results this Week (NYSE:DAL)

Straddle prices for companies reporting financial results this week Delta Air Lines (NYSE:DAL) July 40 straddle priced for 4.7% movement. PNC Financial (PNC) July 82.5 straddle priced for 2.4% movement. U.S. Bancorp (USB) July 40.5 straddle priced for 2.2% movement. Wells Fargo (WFC) July 48.50 straddle priced for 2.1% movement. A straddle entails buying a call and put of the[Read More…]

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[530]Boeing Secures $2.45 Bln in Aircraft Orders from China-Based Ruili Airlines and EgyptAir (NYSE:BA)

Boeing Company (NYSE:BA) said Wednesday that it has finalized additional orders totaling $2.45 billion at the 2016 Farnborough International Airshow in the United Kingdom. The orders consists of $1.59 billion order from Yunnan, China-based Ruili Airlines for six 787-9 Dreamliners, and another purchase order valued at $864 million from EgyptAir for nine next-generation 737-800s. Additionally, the company has also secured[Read More…]

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[530][539]Wall Street Inches Ahead Pre-Bell; Futures Marginally Green, Europe Up, Asia Up (NASDAQ:CBSH)

Wall Street is inching ahead pre-bell Wednesday, with U.S. stock index futures indicating an opening bell up slightly from Tuesday’s record closes on the Dow and S&P 500. European bourses are posting small gains, and Asian markets marked good gains. On the economic calendar a lot of items from the U.S. Federal Reserve; Dallas Fed President Robert Kaplan will speak[Read More…]

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[530][541]GW Pharmaceuticals Prices 2.8 Mln ADSs at $90 Each in Offering (NASDAQ:GWPH)

GW Pharmaceuticals (NASDAQ:GWPH) is down about 4% after the company said it will issue 2.8 million of American Depositary Shares, representing 33.6 million ordinary shares at $90 each. It has granted the underwriters a 30-day option to purchase up to an additional 420,000 ADSs at the public offering price less underwriting discounts and commissions. Closing of the offering is expected[Read More…]

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[530][542]Kennedy-Wilson Acquires 430-Unit Apartment Community in Auburn, Washington for $81 Mln (NYSE:KW)

Kennedy-Wilson Holdings (NYSE:KW) said Wednesday it has acquired a 430-unit multifamily property in the Seattle suburb of Auburn, Washington for $81 million. The company invested $19 million of equity and secured a 10-year loan of $62.6 million through Freddie Mac to purchase the Belara at Lakeland property. The stock increased 2.74% or $0.52 during the last trading session, hitting $19.52.[Read More…]

by July 13, 2016 0 comments StockNews