Tag: Harbinger Group

  • Conglomertes – 3M Co (NYSE:MMM), Harbinger Group Inc (NYSE:HRG), Lydall, Inc. (NYSE:LDL), China Growth Equity Investment Ltd. (NASDAQ:PME)

    To strengthen its electronics as well as energy segment, 3M Co (NYSE:MMM) recently collaborated with Cambrios to release a new touch sensor film (Silver Nanowire) for touchscreen devices. The firm also is anticipated to enhance Microsoft’s (NASDAQ:MSFT) Windows 7 applications, with its multiple display applications. 3M’s applications will boost Windows’ multi-touch capabilities along with simultaneously increased speed and accuracy. 3M Co (NYSE:MMM) stock opened at $135.81in last session, and closed at $134.68, while the day range of stock is $134.57 – $137.06. The stock showed a negative weekly performance of -2.14%.

    The Harbinger Capital Management chief, who accepted a ban from the hedge-fund industry last year, could be paid more than $21 million next year as chairman and CEO of Harbinger Group Inc (NYSE:HRG), the permanent-capital vehicle he set up in 2009. While Falcone’s deal with the SEC bans him from managing a hedge fund, he was permitted to continue to run the listed entity. Harbinger Group Inc (NYSE:HRG) stock opened at $11.66, in last session and closed at $11.51, by losing -1.03%. The 52 week range of the stock is $7.33 – $12.14. Company’s market capitalization is $1.64 billion.

    Analyst rated Lydall, Inc. (NYSE:LDL) as “HOLD” Lydall, Inc. (NYSE:LDL) stock decreased -2.28% and finished the last session at $17.97. The EPS of the stock remained 1.03. Company’s market capitalization is $301.74 billion.

    China Growth Equity Investment Ltd. (NASDAQ:PME) stock opened the session at $3.25, and closed the session at $3.20. The 52 week range of China Growth Equity Investment Ltd. (NASDAQ:PME) remained $1.31 – $10.29 and the day range was $3.09 – $3.25.