Shares of Columbia Pipeline Group Inc (NYSE:CPGX), ended its last trade with 0.74% gain, and closed at $18.99.
The stock, after recent close, is -21.72% below their SMA 50 and -8.19% from SMA20 and is -27.48% below than SMA200. 27.90% shares of the company were owned by institutional investors. The company has 4.59 value in price to sale ratio while price to book ratio was recorded as 2.31.
Columbia Pipeline Group, Inc. (CPGX) and Columbia Pipeline Partners LP (CPPL) (together, “Columbia”), recently declared that Three Rivers Midstream LLC, an associate of Williams Partners L.P. (WPZ) (“Williams Partners”), has become a member of Pennant Midstream, LLC (“Pennant”), a joint venture between associates of Columbia Midstream Group, LLC (an indirect wholly-owned partner of CPG), and Harvest Pipeline Company.
The executed agreement nearly triples the acreage dedicated to Pennant to about 500,000 acres and results in the addition of investment-grade producers, positioning Pennant to be a leading long-term midstream services provider in the Mahoning Valley.
Columbia Pipeline Group, Inc., together with its auxiliaries, owns, operates, and develops a portfolio of pipelines, storage, and related midstream assets.
Shares of Wendys Co (NASDAQ:WEN), inclined 2.54% to $8.87. It traded in a range of $8.57 and $8.87, exchanging hands with 3.57 shares.
The stock is down -0.22% in this year through last close. In the trailing twelve months, net profit margin of the company was 5.80% while gross profit margin was 26.30%.
The Wendy’s Company (WEN) declared that President and Chief Executive Officer Emil Brolick plans to retire from administration duties with the Company in May 2016. He is predictable to be succeeded in the President and CEO role by current Executive Vice President, Chief Financial Officer and International Todd Penegor. The transition of these duties is anticipated to start in the first quarter of 2016. Brolick is predictable to continue to serve on the Company’s Board of Directors upon his retirement to ensure continuity of leadership and planned focus for the Company. The Company is presently conducting an external search for a new CFO.
Brolick has served in his role since September 2011, and formerly spent 12 years with the Company from 1988 to 2000 in various leadership roles.
The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system comprised of about 6,500 franchised and company-operated restaurants worldwide.
Shares of Kroger Co(NYSE:KR), surged 1.05% to $37.52, during its last trading session.
The stock saw its price movement on below-normal volume, as 3.58 million shares changed hands when contrast with its average daily volume of 6.92 million shares, with a year-to-date performance of 17.77%.
Ralphs Grocery Company is happy to declare that its stores will carry a new line of corporate brand products, imported directly from the most food-rich regions of the world.
Ralphs parent company, The Kroger Co, developed the new brand called HemisFares™. HemisFares is a guided tour of the best-of-the-best tastes the planet has to offer – found exclusively at the Kroger family of stores, counting Ralphs stores in Southern California.
Ralphs is a partner of The Kroger Co., (KR).
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.
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