Latest News: Spectra Energy Corp. (NYSE:SE), Ally Financial (NYSE:ALLY), Lantronix (NASDAQ:LTRX), The Charles Schwab Corporation (NYSE:SCHW), Invuity (NASDAQ:IVTY)

Spectra Energy Corp. (NYSE:SE) shares moved down -4.59% in last trading session and ended the day at $28.90. SE Gross Margin is 84.00% and its has a return on assets of 0.60%. Spectra Energy Corp. (NYSE:SE) quarterly performance is 18.46%.

Spectra Energy Corp (NYSE: SE) and Spectra Energy Partners, LP (NYSE: SEP) announced their agreement for Spectra Energy Corp to acquire approximately 9.1 million common units representing limited partner interests in Spectra Energy Partners at a price of $45.96 per unit in a private placement. In addition, Spectra Energy Corp will purchase up to an additional 1.4 million common units in the event that additional shares of its common stock are issued pursuant to the 25-day option granted to the underwriter in Spectra Energy Corp’s public offering of common stock. Spectra Energy Corp is the parent company of the general partner of Spectra Energy Partners.

Ally Financial Inc. (NYSE:ALLY) ended the last trading day at $17.50. Company weekly volatility is calculated as 2.86% and price to cash ratio as 1.28. Ally Financial Inc. (NYSE:ALLY) showed a weekly performance of -3.21%.

Update: Confirming earlier reports from the WSJ, Ally Financial Inc. (NYSE: ALLY) announced that it has signed an agreement to acquire TradeKing Group, Inc., a digital wealth management company. The transaction is expected to close in the third quarter and includes an online broker/dealer, a digital portfolio management platform, and educational content and social collaboration channels. The transaction is subject to regulatory approval from the Financial Industry Regulatory Authority (FINRA) and compliance with the Hart-Scott-Rodino Antitrust Improvements Act, as well as satisfaction of other customary closing conditions.

On 05 April, Lantronix, Inc. (NASDAQ:LTRX) shares remains unchanged and was closed at $0.88. LTRX EPS growth in last 5 year was -4.70%. Lantronix, Inc. (NASDAQ:LTRX) year to date (YTD) performance is -22.12%.

Lantronix, Inc. (NASDAQ: LTRX), a specialized networking company providing smart IoT and M2M solutions, announced that on April 1, 2016, the company granted inducement stock options to two recently-appointed officers — Sanjeev Datla, the company’s chief technology officer, and Kevin Yoder, the company’s vice president of worldwide sales. The inducement stock options were granted as an inducement to the new executives entering into employment with Lantronix, as permitted under NASDAQ Listing Rule 5635(c)(4).

The Charles Schwab Corporation (NYSE:SCHW) shares fell -2.14% in last trading session and ended the day at $27.39. SCHW Gross Margin is 98.00% and its has a return on assets of 0.80%. The Charles Schwab Corporation (NYSE:SCHW) quarterly performance is -14.13%.

Charles Schwab Corp (NYSE:SCHW) had its price target dropped by equities research analysts at Nomura from $34.00 to $33.00 in a report issued on Friday, StockTargetPrices.com reports. Nomura’s price objective points to a potential upside of 17.90% from the company’s previous close.

Invuity, Inc. (NASDAQ:IVTY) caters to the Healthcare space. Its weekly performance is 1.25%. On the last day of trading company shares ended up at $7.30.

On March 23, 2016, the Board of Directors of the Invuity, Inc. (NASDAQ:IVTY) completed a process to re-align its members into three classes of nearly equal size. In order to facilitate this process, Gregory T. Lucier agreed to change from a Class III member of the Board to a Class I member of the Board. To effect this change, Mr. Lucier resigned as a Class III director and was immediately re-appointed to the Board as a Class I director. Mr. Lucier will continue as the Chairman of the Board and as a member of the compensation committee of the Board.

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