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Tuesday 13 October 2015
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Notable Runners Under Review - Colfax Corp, (NYSE:CFX), Sears Holdings Corp (NASDAQ:SHLD) , Regal Entertainment Group (NYSE:RGC), ITT Corp (NYSE:ITT)

On Friday, U.S. stocks escalated, accompanied by the Dow Jones Industrial Average scrambling up above 18,000 for the first time in 2015 and the S&P 500 index settling at a record.

The Dow industrials put on 46.97 points, or 0.26%, to 18019.35. The S&P 500 climbed 8.51 points, or 0.41%, to 2096.99, and the Nasdaq Composite raised 36.22 points, or 0.75%, to 4893.84.

In the character of Friday’s close, the Dow was 0.2% missing from its concluding record of 18053.71, reached in December. The Nasdaq Composite was 3.1% away from its all-time high of 5048.62, reached in 2000.

Comprehensive data about some real gainers from mix sectors, in the course of Friday’s trade, is illustrated as under:

Colfax Corp (NYSE:CFX), inclined 7.97%, and closed at $52.02, during the last trading session, as Colfax Corp (NYSE:CFX), declared its financial results for the fourth quarter ended December 31, 2014.

Key Features Q4 2014:

  • For the fourth quarter of 2014, net income was $80.1 million, or $0.64 per dilutive share. Adjusted net income was $89.7 million, or $0.72 per share, which comprises a 5 cent per share gain related to the catch-up portion of the enactment of the U.S. tax extenders program in the fourth quarter related to the taxation of certain foreign income in the U.S. during the first three quarters of 2014.
  • Net sales were $1.206 billion in the fourth quarter, a raise of 3.0% from the prior year. Net sales reduced 3.4% organically contrast to the fourth quarter of 2013. Fourth quarter operating income was $107.3 million, with adjusted operating income of $136.7 million, a raise of 10%.

Colfax Corp (NYSE:CFX), a diversified industrial manufacturing and engineering company, provides gas-and fluid-handling and fabrication technology products and services to commercial and governmental customers worldwide.

Sears Holdings Corp (NASDAQ:SHLD) climbed 6.95%, and closed at $35.70, during the last trading session, as this Family Day, Sears Holdings Corp (NASDAQ:SHLD), returns to the heart of the city to raise money for the fight against childhood cancer. Brave Chillers will jump into a custom-built Chill pool in the middle of Yonge-Dundas Square. Proceeds raised from The Chill will be collected by the Sears Canada Charitable Foundation and will be allocated to the Sears Cancer Clinic at The Hospital for Sick Children, a world-renowned treatment centre for children with cancer.

The Toronto Chill has become a tradition that brings people together to celebrate Family Day at Yonge-Dundas Square. Surrounding the urban polar bear dip will be a winter festival with refreshments, live entertainment and activities for the whole family. Prizes will be given out to top fundraisers.

Sears Holdings Corp (NASDAQ:SHLD), operates as a retailer in the United States and Canada. The company’s Kmart segment operates stores that sell merchandise under Jaclyn Smith, Joe Boxer labels, and Alphaline labels; and Sears brand products and services, such as Kenmore, Craftsman, and DieHard, in addition to Kenmore-branded products.

Regal Entertainment Group (NYSE:RGC) enhanced 6.17%, and closed at $23.23, during the last trading session, following the news that Regal Entertainment Group (NYSE:RGC), is offering a special two for the price of one ticket offer for “Black or White” from Relativity. This valuable discount is accessible when purchasing tickets at the box office for shows Friday, February 13 through Thursday, February 19.

“Black or White features a remarkable cast led by Oscar winners Kevin Costner and Octavia Spencer,” stated Ted Cooper, Senior Vice President and Head Film Buyer for Regal Entertainment Group. “Through our partnership with Relativity, Regal is proud to offer this amazing opportunity to receive a free ticket with each one sold to this magnificent film.”

Regal Entertainment Group (NYSE:RGC), through its subsidiaries, operates as a motion picture exhibitor in the United States. The company develops, attains, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets.

ITT Corp (NYSE:ITT) added 6.37%, and closed at $41.93, during the last trading session, as ITT Corp (NYSE:ITT) declared it will persist to return capital to shareowners by increasing its dividend by 7.5 percent to 11.83 cents per share. The ITT Board of Directors has approved the cash dividend for the first quarter of 2015, which will be payable on April 1, 2015, to shareholders of record as of the close of business on March 13, 2015.

ITT Corp (NYSE:ITT), manufactures engineered critical components and customized technology solutions for the energy, transportation, and industrial markets in the United States and internationally.




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