Japan’s Dai-ichi Life Co. may be interested in acquiring Protective Life Corp. (NYSE:PL), of Birmingham, according to news reports. Protective Life Corp. (NYSE:PL), net profit margin is 9.90% and weekly performance is 13.53%. On last trading day company shares ended up $58.51. Analysts mean target price for the company is $55.20. Protective Life Corp. (NYSE:PL), distance from 50-day simple moving average (SMA50) is 14.34%.
Starboard Value LP, the activist fund led by Chief Executive Officer Jeff Smith, amassed a stake in new target MeadWestvaco Corp. (NYSE:MWV), and is urging the packaging company to cut costs and boost profits. MeadWestvaco Corp. (NYSE:MWV), advanced 5.86% in last trading session and ended the day on $42.96. MWV, Gross Margin is 18.60% and its return on assets is 9.10%. MeadWestvaco Corp. (NYSE:MWV), quarterly performance is 15.70%.
CONN’S, Inc. (NASDAQ:CONN), a specialty retailer of furniture, mattresses, home appliances, consumer electronics and provider of consumer credit, announced its financial results for the first quarter ended April 30, 2014. For the quarter ended April 30, 2014, Conn’s reported net income of $0.77 per diluted share, which includes a pretax charge of $1.8 million associated with facility closures and lease terminations, compared to the prior-year quarter when the company reported net income of $0.61 per diluted share. CONN’S, Inc. (NASDAQ:CONN), shares moved up 6.93% in last trading session and was closed at $49.87, while trading in range of $47.80 – 51.50. CONN’S, Inc. (NASDAQ:CONN), year to date (YTD) performance is -36.62%.
Nordion Inc(USA) (NYSE:NDZ), announced that it has entered into a second amendment (the “Second Amendment”) to the previously announced definitive agreement with Sterigenics (as amended, the “Arrangement Agreement”) providing that, among other things, shareholders of Nordion will now be entitled to a cash consideration of US$13.00 per share (the “Increased Consideration”) upon closing of the proposed acquisition by Sterigenics of all the issued and outstanding common shares of Nordion (the “Arrangement”). Nordion Inc(USA) (NYSE:NDZ), ended the last trading day at $12.74. Company weekly volatility is calculated as 1.56% and price to cash ratio as 2.46. Nordion Inc(USA) (NYSE:NDZ), showed a positive weekly performance of 4.94%.
On May 30, 2014, QUASAR AEROSPACES (OTCMKTS:QASP), Inc.is pleased to announce it has retained an SEC and Corporate law firm as legal counsel to the Corporation. QUASAR AEROSPACES (OTCMKTS:QASP), on last trading day company shares ended up $0.0024.