Index futures, index options, equity options and security futures are all set to expire Friday in a phenomenon known as the “quadruple witching” hour. It usually signals a time of higher trading volumes and surprises on Wall St…
Wells Fargo analyst Jason Maynard expects Oracle shares to keep growing in the next 12 months as the result of its acquisition of Sun Microsystems earlier this year. The company is scheduled to report its earnings Thursday.
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Wells Fargo analyst Jason Maynard expects Oracle shares to keep growing in the next 12 months as the result of its acquisition of Sun Microsystems earlier this year. The company is scheduled to report its earnings Thursday.
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Investor Nelson Peltz sold 1.6 million shares in H.J. Heinz Co. (HNZ), reducing his stake by about one third. He now holds about 1% of the company’s shares.
Peltz has sold shares worth $75.9 million since Friday, Dow Jones Newswires reported.
In 2006, Peltz successfully fought to get two directors on to the Heinz board as he tried to get the company to improve results.
Heinz…
Continue reading Investor Nelson Peltz Cuts Stake in Heinz
Investor Nelson Peltz Cuts Stake in Heinz originally appeared on DailyFinance on Wed, 15 Sep 2010 08:49:00.
Filed Under: Company News, People, Investing, Earnings, HJ Heinz Company, Retail, Stocks in the News
Cisco Systems will pay out its first dividend within the next year, the computer-networking-gear maker promised shareholders Tuesday.
Continue reading Cisco Shares to Start Paying Dividends
Cisco…