Stocks on the move Symantec buys Blue Coat Inc
Symantec Corp rose 0.91 to 18.21 after announcing a 4.65 billion dollar purchase of privately held Blue Coat Inc. Hanesbrands slid 0.72 to 26.14 as Chairman Richard Noll will relinquish the CEO title on October 1.
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Beat Corp
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FMC Corp Fmc
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Inter Corp. Intc
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RPAI
SHLD
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Snyder-Lance Inc
LNCE
Southern Company So
Spectra Energy SE
Suntrust Banks Svi
TE Connectivity
Tampa Electric Co TE
Texas Roadhouse
Time Warner Inc Twx
Wal Mart
Wells Fargo
FedEx in federal case over illegal drug shipments dispute
In San Francisco two giants, the U.S. government and FedEx, clash over claims FedEx knowingly shipped illegal prescription drugs from pill mills to dealers and addicts, some of whom died. FedEx denies wrongdoing, saying it handled only drugs it believed were legal. Opening statements began Monday.
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FedEx
London security firm tied to Orlando shooter under scrutiny
London based G4S acknowledged Omar Mateen, the Orlando nightclub gunman who killed 49 and wounded over 50, had worked for the firm at a Florida residential community. The disclosure adds to a string of blunders and ethics questions surrounding the company.
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Orlando
G45
Omar Mateen
Florida
U.S
McDonald’s to move HQ to Oprah’s Chicago site
McDonald’s will relocate its corporate headquarters from Oak Brook to downtown Chicago in 2018, taking over the former Oprah Winfrey Show studio. The company notes its Chicago base dates back to 1955 and ended in 1971. Associated Press.
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Associated Press
Four LinkedIn usage tips amid Microsoft’s purchase
Microsoft aims to buy LinkedIn for 26.2 billion dollars, touting user engagement gains and education reach via Lynda.com and Recruiter. The piece outlines practical uses for career building, networking, employer research, groups, analytics, and messages to boost job prospects and professional visibility.
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Microsoft
LinkedIn
Lynda.com
Google
Facebook
Hedge funds love Starwood Hotels top holding for many firms
Hedge funds ranked Starwood Hotels and Resorts among their top ten holdings, a Goldman Sachs review shows. About 28 funds list Starwood, placing it among the most owned stocks, with hedge funds owning nearly a third of Starwood’s shares. The article notes hedge funds’ collective performance and fee structures amid broader market moves.
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Westin
Sheraton
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Wall Street
Starwood
Standard & Poor
HFA
Microsoft to buy LinkedIn for 26.2 billion dollars
Microsoft announces a 26.2 billion dollar acquisition of LinkedIn, paying 196 dollars per share with a 50 percent premium. LinkedIn, based in Mountain View, California, has over 430 million members and will operate as an independent unit within Microsoft.
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Linkedin
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Local Stock Dividend Terms and Rates Summary
A compact outline of stock dividend terms including current annual rate changes from recent announcements, sums of dividends paid in the year, and classifications such as cumulative issues with arrears. It notes declared or paid dividends within the prior 12 months, stock dividends, and approximate cash values at distribution.
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