On Tuesday, Shares of BB&T Corporation (NYSE:BBT), gained 1.16% to $38.53.
BB&T Corporation, declared it has received regulatory approval from the Federal Reserve, the FDIC and all required state banking regulators to acquire National Penn Bancshares, Inc. (NPBC). The transaction is predictable to close in the next few months.
“We are very happy to receive these approvals and excited to move forward with the merger,” said Chairman and Chief Executive Officer Kelly S. King. “National Penn is a plannedally compelling deal that complements the legacy Susquehanna franchise and presents enormous opportunities to leverage our proven community banking capabilities in these mid-Atlantic markets.”
National Penn, headquartered in Allentown, Pa., had $9.6 billion in assets, $7.0 billion in deposits, as of Sept. 30, 2015, and 124 banking offices in Pennsylvania, New Jersey and Maryland. The planned acquisition was originally declared Aug. 17, 2015.
BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services.
Shares of SUPERVALU INC. (NYSE:SVU), declined -3.23% to $6.89, during its last trading session.
Moments ago, Trader’s Choice released new research updates concerning several important developing situations counting the following equities: AU Optronics Corp (AUO), Ocera Therapeutics Inc. (OCRX), Solar3D Inc. (SLTD) and SUPERVALU Inc. (SVU). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
Highlights from recently’s reports comprise:
On Monday, December 21, 2015, Nasdaq Composite ended at 4,968.92, up 0.93%, Dow Jones Industrial Average advanced 0.72%, to finish the day at 17,251.62, and the S&P 500 closed at 2,021.15, up 0.78%.
- AU Optronics Corp’s stock advanced 15.18% to close Monday’s session at USD 2.96. The share price vacillated between USD 2.85 and USD 3.10. The stock recorded a trading volume of 5.85 million shares, which was above its 50-day daily average volume of 1.81 million shares and above its 52-week average volume of 1.87 million shares. Over the last three days AU Optronics Corp’s shares have advanced 11.28% while in the past one week the shares have moved up 22.31%. In the past one month, the stock registered a gain of 10.04%. Meanwhile, in the last six months the stock has lost 37.95% and year to date the shares have shed 38.83%. Further, the company is trading at a price to earnings ratio of 4.70. This compares to a historical PE ratio of 9.54. The stock is at a Price to Sales (ttm) ratio of 0.22 and Price to Book (mrq) ratio of 0.44.
- Ocera Therapeutics Inc.’s stock edged higher by 19.67% to close Monday’s session at USD 3.59. The company’s shares oscillated between USD 3.01 and USD 3.93. The stock recorded a trading volume of 0.95 million shares, which was above its 50-day daily average volume of 0.15 million shares and above its 52-week average volume of 0.11 million shares. Over the last three days, Ocera Therapeutics Inc.’s shares have advanced 17.32% and in the past one week the shares have moved up 25.52%. In the past one month, the stock registered a gain of 6.85%. Meanwhile, over the last three months, the stock has lost 0.83% and in the past six months, the shares have shed 3.49%. The last traded price of the stock is above its 50-Day Moving Average of USD 3.34 but below its 200-Day Moving Average of USD 3.66.
- SUPERVALU Inc.’s stock reduced 0.77% to close Monday’s session at USD 6.48. The company’s shares fluctuated in the range of USD 6.37 and USD 6.58. A total of 6.53 million shares exchanged hands, which surpassed its 50-day daily average volume of 3.73 million shares and was above its 52-week average volume of 3.82 million shares. Over the last three days, SUPERVALU Inc.’s shares have declined by 5.40% while in the past one week it has moved up 0.47%. Furthermore, over the last three months, the stock has lost 17.77% and in the past six months, the shares have shed 24.12%. Further, the company is trading at a price to earnings ratio of 12.46. This compares to a historical PE ratio of 21.74. Additionally, the stock is trading at a price to cash flow ratio of 3.19 and price to sales ratio of 0.10.
SUPERVALU INC., together with its auxiliaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Independent Business, Save-A-Lot, and Retail Food. The Independent Business segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military.
Finally, HORSEHEAD HOLDING CORP. (NASDAQ:ZINC), ended its last trade with 2.00% gain, and closed at $2.04.
Moments ago, Trader’s Choice released new research updates concerning several important developing situations counting the following equities: Horsehead Holding Corp. (ZINC), Performance Sports Group Ltd. (PSG), Dynamic Materials Corp. (BOOM) and U.S. Global Investors Inc. (GROW). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
Highlights from recently’s reports comprise:
On Thursday, December 24, 2015, Nasdaq Composite ended at 5,048.49, up 0.05%, Dow Jones Industrial Average declined 0.29%, to finish the day at 17,552.17, and the S&P 500 closed at 2,060.99, down 0.16%.
- Horsehead Holding Corp.’s stock raised by 1.42% to close Thursday’s session at USD 2.15. The company’s shares fluctuated in the range of USD 2.12 and USD 2.28. A total of 0.89 million shares exchanged hands, which was lesser than its 50-day daily average volume of 1.75 million shares and its 52-week average volume of 1.18 million shares. Over the last three days Horsehead Holding Corp.’s shares have advanced 32.72% and in the past one week the stock has moved up 27.22%. However, over the last three months the stock has lost 49.65% and in the past six months the shares have shed 82.68%. Further, the shares are trading at a price to book ratio of 0.26 contrast to a historical PB ratio of 1.87. Additionally, the stock is trading at a price to sales ratio of 0.28. Moreover, Horsehead Holding Corp. is trading below its 50-day moving average of USD 2.27.
- Performance Sports Group Ltd.’s stock advanced 0.60% to close Thursday’s session at USD 10.01. The share price vacillated between USD 9.77 and USD 10.02. The stock recorded a trading volume of 0.15 million shares, which was close to its 50-day daily average volume of 0.16 million shares and below its 52-week average volume of 0.25 million shares. Over the last three days Performance Sports Group Ltd.’s shares have advanced 2.56% and in the past one week the stock has moved up 2.14%. However, in the last six months the stock has lost 40.49% and year to date the shares have shed 44.36%. Further, the stock is trading at a price to book (MRQ) ratio of 1.48 and a price to sales (TTM) ratio of 0.72. Additionally, Performance Sports Group Ltd. is trading below its 50-day moving average of USD 10.89.
- Dynamic Materials Corp.’s stock raised by 2.28% to close Thursday’s session at USD 6.72. The company’s shares fluctuated in the range of USD 6.52 and USD 6.83. A total of 0.06 million shares exchanged hands, which was lesser than its 50-day daily average volume of 0.09 million shares and its 52-week average volume of 0.11 million shares. Over the last three days Dynamic Materials Corp’s shares have advanced 5.99% and in the past one week the stock has moved up 9.09%. However, over the last three months the stock has lost 22.40% and in the past six months the shares have shed 38.46%. Dynamic Materials Corp has a current dividend yield of 1.19%. Further, the shares are trading at a price to book ratio of 0.67 contrast to a historical PB ratio of 1.45. Additionally, the stock is trading at a price to cash flow ratio of 7.24 and price to sales ratio of 0.54.
- U.S. Global Investors Inc.’s stock slipped by 0.78% to close Thursday’s session at USD 1.28. The company’s shares oscillated between USD 1.21 and USD 1.30. The stock recorded a trading volume of 0.02 million shares, which was below its 50-day daily average volume of 0.05 million shares and at par with its 52-week average volume of 0.02 million shares. Over the last one week U.S. Global Investors Inc.’s shares have advanced 11.30% and in the past one month the stock has gained a momentum of 13.27%. However, over the last three months the stock has lost 32.63% and year to date the shares have shed 57.02%. U.S. Global Investors Inc. has a current dividend yield of 2.34%. Further, the shares are trading at a price to book ratio of 0.74 contrast to a historical PB ratio of 1.50. Additionally, the stock is trading at a price to sales ratio of 2.02. Moreover, the stock is trading close to its 50-day moving average of USD 1.27 but below its 200-day moving average of USD 1.91.
Horsehead Holding Corp., together with its auxiliaries, produces and sells zinc and nickel-based products primarily in the United States and Canada. The company operates through three segments: Horsehead, Zochem, and INMETCO.
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