Conglomertes: Global Eagle Acquisition (NASDAQ:ENT), Harbinger Group (NYSE:HRG), Icahn Enterprises (NASDAQ:IEP), Compass Diversified Holdings (NYSE:CODI)

Global Eagle Entertainment Inc. (NASDAQ:ENT) issued a press release (the “Press Release”) announcing results for the quarter ended and year ended December 31, 2013. Furnished hereto as Exhibit 99.1 to this Current Report on Form 8-K is a copy of the Press Release. Global Eagle Acquisition Corp (NASDAQ:ENT) shares after opening at $17.25 moved to $17.45 on last trade day and at the end of the day closed at $16.99. Company price to sales ratio in past twelve months was calculated as 5.21 and price to cash ratio as 9.57. Global Eagle Acquisition Corp (NASDAQ:ENT) showed a negative weekly performance of -2.75%.

Harbinger Group (NYSE:HRG) Director David M. Maura sold 275,725 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $12.15, for a total value of $3,350,058.75. Harbinger Group Inc (NYSE:HRG) shares advanced 1.80% in last trading session and ended the day on $13.00. HRG return on equity ratio is recorded as -21.80% and its return on assets is -0.70 %. Harbinger Group Inc (NYSE:HRG) yearly performance is 60.49%.

Icahn Enterprises LP (NASDAQ:IEP) is on the list, for instance, because Carl Icahn is a director of StudentsFirstNY. Elliott Management makes the list because CEO Paul Singer is chairman of the Manhattan Institute, Julian Robertson of Tiger Management has donated to StudentsFirst, and Dan Loeb of Third Point LLC is a director of StudentsFirstNY. Icahn Enterprises LP (NASDAQ:IEP) shares moved down -0.10% in last trading session and was closed at $105.54 while trading in range of $105.20 – $108.25 – Icahn Enterprises LP (NASDAQ:IEP) year to date (YTD) performance is -2.27%.

Compass Diversified Holdings (NASDAQ:CODI) had its target price reduced by Keefe, Bruyette & Woods from $19.75 to $18.75 in a report issued on Thursday, American Banking & Market Newsreports. Compass Diversified Holdings (NYSE:CODI) weekly performance is -2.79%. On last trading day company shares ended up $17.75. Compass Diversified Holdings (NYSE:CODI) distance from 50-day simple moving average (SMA50) is -3.62%. Analysts mean target price for the company is $19.15.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *