On Thursday, Shares of Xoom Corp (NASDAQ:XOOM), gained 21.01% to $25.05.
Xoom Corp, declared the signing of a definitive merger agreement following which PayPal will acquire Xoom. Under the terms of the agreement, Xoom shareholders will receive $25.00 in cash for each share of Xoom common stock.
Robbins Arroyo LLP’s investigation focuses on whether the board of directors at Xoom is undertaking a fair process to obtain maximum value and adequately compensate its shareholders.
Xoom Corporation provides digital consumer-to-consumer online money transfers services worldwide. The company offers money transfer services over the Internet or through a mobile device on its Website at xoom.com, or through its mobile application, the Xoom App.
Shares of FirstEnergy Corp. (NYSE:FE), inclined 1.22% to $33.21, during its last trading session.
FirstEnergy Corp., recognized for outstanding safety performance in 2014 by the Energy Association of Pennsylvania, an organization of the Commonwealth’s electric and natural gas utilities.
The safety award winners are selected annually by the association’s Accident Prevention Committee. FirstEnergy utilities were honored in several categories:
- Penn Power won the Safety Achievement Award for its 200 employees working safely on the job, earning a rate of 1.00 incidents per 100,000 or more working hours.
- Penn Power won the Safety Sustainability Award for its continued focus on safety over a three-year period, with a sustained low incidence rate of 1.84 in 2012, 0.99 in 2013 and 1.00 in 2014 per 100,000 hours worked.
- Met-Ed’s 650 employees received the Safety Improvement Award for reducing their incident rate from 2.38 the previous year to 2.00 in 2014.
- Met-Ed received the Motor Vehicle Fleet Safety Improvement Award for reducing the number of motor vehicle incidents from 29 in 2013 to 22 in 2014 – about a 26 percent reduction.
FirstEnergy Corp., through its auxiliaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments.
Finally, Zillow Group Inc (NASDAQ:Z), ended its last trade with -0.94% loss, and closed at $87.32.
The 30-year fixed mortgage rate on Zillow Mortgages is presently 3.93 percent, down two points from this time last week. The 30-year fixed mortgage rate rose to 4.03 percent on Friday and remained there through the weekend, then dropped to 3.88 percent on Monday before returning to the current rate.
“After moving higher on Friday, rates fell as markets absorbed the shock of Greece’s decision to close its banks leading up to a referendum on its debt negotiations,” said Erin Lantz, vice president of mortgages at Zillow. “Greece will likely dominate financial headlines again this week, but Thursday’s early jobs report could move markets if lenders don’t clock out early for the Fourth of July holiday.”
Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to assist people find vital information about homes, and connect with local professionals.
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