Business

Shares in Enbridge Inc (ENB) Acquired by Parsec Financial Management Inc

Shares in Enbridge Inc (ENB) Acquired by Parsec Financial Management Inc

GRT Capital Partners L.L.C. raised its stake in shares of Enbridge by 0.6% in the fourth quarter. (NYSE:EEQ) opened at 16.55 on Friday. The company's consensus rating on Reuter's scale remained unchanged from 2 to 2 during a month. Investors of record on Monday, May 15th will be issued a $0.4435 dividend. This represents a $1.77 annualized dividend and a yield of 4.43%. Enbridge's dividend payout ratio is 119.33%.



TRADE DESK, INC. (:TTD) Volume Spiking Mid-session

A number of research firms recently commented on TTD . Zacks Investment Research upgraded shares of Trade Desk Inc (NASDAQ:TTD) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning. Strs Ohio now owns 3,400 shares of the technology company's stock valued at $126,000 after buying an additional 1,700 shares in the last quarter. Finally, Norges Bank acquired a new position in Trade Desk during the fourth quarter worth about $830,000.


CBA shares drop despite rise in Q3 profit

CBA shares drop despite rise in Q3 profit

The Commonwealth Bank of Australia reported a strong quarterly performance, according to a trading update released to the ASX . CBA's financial year ends on June 30, but the others use a September 30 year-end. Still, ANZ Chief Executive Shayne Elliott believes there is more fat to trim. Australian lenders have relatively low cost-to-earnings ratios in part because they rely less on higher cost investment banking.


Verizon wins bidding war with AT&T for Straight Path

Verizon wins bidding war with AT&T for Straight Path

Participants in the Solicitation Verizon and its directors and executive officers, and Straight Path and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from the holders of Straight Path common stock in respect of the proposed merger.Information about the directors and executive officers of Verizon is set forth in the proxy statement for Verizon Communications Inc.


China trade deal serves up potential corporate winners

China trade deal serves up potential corporate winners

The communiqué will outline several areas in which Beijing and Washington hope to encourage US trade to China, including supplies of liquefied natural gas, a key energy source used to generate power and heat homes, the people said. "This is equivalent to $26 billion a year at today's prices ($7/MMBtu), and the U.S.is keen for a slice of the pie". Last March, U.S. LNG accounted for 7% of China's LNG imports, Di-Odoardo said.



Cheniere Energy says in talks to boost LNG shipments to China

Riverhead Capital Mngmt Limited Liability Com reported 10,156 shares or 0.08% of all its holdings. Barclays PLC increased their target price on shares of Cheniere Energy from $53.00 to $58.00 and gave the company an "overweight" rating in a research report on Wednesday, April 19th.