Minerals Technologies Inc. announced that it has commenced a tender offer to purchase all outstanding shares of AMCOL International Corporation (NYSE:ACO) for $45.75 per share in cash. The tender offer is being made pursuant to the Merger Agreement entered into and announced by Minerals Technologies (“MTI”) and AMCOL. AMCOL International Corporation (NYSE:ACO) shares after opening at $45.70 moved to $45.77 on last trade day and at the end of the day closed at $45.70. Company price to sales ratio in past twelve months was calculated as 1.47 and price to cash ratio as 31.10. AMCOL International Corporation (NYSE:ACO) showed a negative weekly performance of -0.17%.
Kingold Jewelry, Inc. (NASDAQ: KGJI), one of China’s leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, announced financial results for its fourth quarter and year ended December 31, 2013. Net sales increased 29.9% to $1.2 billion. Processed a total of 51.1 metric tons of 24-karat gold products, an increase of 35.2% compared to the 37.8 metric tons [one metric ton = 35,274 ounces] processed in 2012. Kingold Jewelry Inc (NASDAQ:KGJI) shares fell -13.46% in last trading session and ended the day on $1.35. KGJI return on equity ratio is recorded as 15.00% and its return on assets is 14.20%. Kingold Jewelry Inc (NASDAQ:KGJI) yearly performance is -8.78%.
Analysts at Credit Suisse started coverage on shares of Cheniere Energy Partners L P (NYSE:CQP) in a research report issued to clients and investors on Thursday, Analyst Ratings Network reports. The firm set an “outperform” rating and a $37.00 price target on the stock. Credit Suisse’s target price suggests a potential upside of 21.67% from the company’s current price.Cheniere Energy Partners LP (NYSEMKT:CQP) shares moved up 3.09% in last trading session and was closed at $31.35, while trading in range of $30.01-$32.88. Cheniere Energy Partners LP (NYSEMKT:CQP) year to date performance is 11.09%.
Emerge Energy Services LP (NYSE:EMES) pays significantly high dividend than many of its competitors. High dividend payout means that a lot of money is getting its way back to shareholders, which is good news for income investors. Emerge Energy Services LP (NYSE:EMES) weekly performance is 13.73%. On last trading day company shares ended up $70.76. Emerge Energy Services LP (NYSE:EMES) distance from 50-day simple moving average is 41.49%. Analysts mean target price for the company is $66.80.