During Monday’s Current trade, Shares of Baxter International Inc (NYSE:BAX), lost -0.45% to $33.40.
Baxter International (BAX), will host a quarterly conference call to talk about its third quarter 2015 financial results on Tuesday, October 27, 2015, at 7:30 a.m. central time.
On other hand, Shares of Baxter International (NYSE:BAX) were the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 15,407,866 shares, a drop of 16.0% from the August 31st total of 18,341,356 shares, Analyst Ratings Net reports. Based on an average trading volume of 5,271,954 shares, the short-interest ratio is presently 2.9 days. About 2.8% of the company’s shares are sold short.
Baxter International Inc., develops, manufactures, and markets products for people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions.
Shares of Visa Inc (NYSE:V), inclined 1.58% to $71.80, during its current trading session.
Recently, Visa Canada and The Princess Margaret Cancer Foundation teamed up for a pilot project that enables the first contactless donations in Canadian fundraising history using a standalone smartphone. Armed with Mobeewave technology-enabled phones backed by Global Payments, Foundation staff is collecting donations from players re-registering for next year’s tournament at the annual Road Hockey to Conquer Cancer tournament at Toronto’s Woodbine Race Track.
Unlike other mobile point of sale solutions that require add-on equipment (i.e. a reader or dongle), Mobeewave’s technology fully and securely converts a standalone, commercially-accessible NFC (near field communication) smartphone into a mobile payment acceptance terminal using only software. Supported by Global Payments, the pilot project accepts and securely processes payments from Visa payWave contactless cards and wallets.
On other hand, Cowen & Company initiates coverage on Visa Inc. (NYSE:V) . The global brokerage major declares a current price target of $88 per share. Analysts at the Cowen & Company have a current rating of Outperform on the shares. The rating by the firm was issued on September 30, 2015.
Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
Metlife Inc (NYSE:MET), during its Monday’s current trading session gained 1.00% to $47.44.
MetLife, Inc. (MET) declared that it will hold its third quarter 2015 earnings conference call and audio webcast on Thursday, Nov. 5, 2015, from 8-9 a.m. EST. The call will follow MetLife’s issuance of its third quarter 2015 earnings news release and release of its Third Quarter 2015 Financial Supplement on Wednesday, Nov. 4, 2015, after the market closes. The news release and Third Quarter 2015 Financial Supplement will also be accessible on the MetLife Investor Relations Web page at www.metlife.com.
On other hand, the firm has revealed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged that Morris Maria R, officer (EVP, Global Employee Benefits) of Metlife Inc, had unloaded 4,200 shares at an average price of $47.22 in a transaction dated on October 1, 2015. The total value of the transaction was worth $198,324.
MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa.
Finally, American Electric Power Company Inc (NYSE:AEP), gained 1.42%, to $57.13.
American Commercial Lines (ACL) declared it has signed a definitive agreement to acquire AEP River Operations from American Electric Power (AEP).
AEP River Operations is a commercial inland barge company delivering about 45 million tons of products annually. The company is based in Chesterfield, Missouri, with operations in Paducah, Kentucky; and Convent, Algiers and Belle Chasse, Louisiana. ACL, a portfolio company of Platinum Equity, is based in Jeffersonville, Indiana, and is one of the most diversified marine transportation service companies in the United States.
ACL President and Chief Executive Officer Mark Knoy ran AEP River Operations for a decade before joining ACL in 2011. He said the projected acquisition is a strong planned fit.
Knoy said that highly complementary networks and traffic patterns between the two companies create noteworthy synergy opportunities.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers.
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