Investors Are Gambling: City National Corporation (NYSE:CYN), Freeport-McMoRan Inc. (NYSE:FCX), GenCorp Inc. (NYSE:GY), Reed Elsevier NV (NYSE:ENL), The Charles Schwab Corporation (NYSE:SCHW)


Royal Bank of Canada RY.TO said it will buy City National Corp (NYSE:CYN), a U.S. lender serving high-net worth clients, in a $5.4 billion deal. On Thursday shares of City National Corporation (NYSE:CYN) closed at $88.68. Company’s sales growth for last 5 years was 2.30% and EPS growth for next 5 years is recorded as 9.05%.

Freeport-McMoRan Inc. (NYSE:FCX) said it plans to invest about $17 billion to build a copper smelter and develop its gold and copper mines in Indonesia. Unit PT Freeport Indonesia will build the smelter in East Java at a cost of more than $2 billion, President Director Maroef Sjamsuddin, told reporters in Jakarta today. It will spend another $15 billion on long-term development of underground copper and gold deposits at its Grasberg mine complex in Papua, he said. Freeport-McMoRan Inc. (NYSE:FCX) in last trading activity increased 0.86% to close at $20.02. Company weekly performance is 6.83% while its quarterly performance stands at -35.56%. Freeport-McMoRan Inc. (NYSE:FCX) is -47.49% away from its 52 week high.

GenCorp Inc. (NYSE:GY), played a critical role in successfully placing the third of five planned Mobile User Objective System (MUOS-3) satellites, designed and built by Lockheed Martin, into orbit for the U.S. Navy. The mission was launched from Cape Canaveral Air Force Station in Florida aboard a United Launch Alliance Atlas V rocket, with five Aerojet Rocketdyne AJ60 solid rocket boosters (SRB), an RL10C-1 upper-stage engine and multiple spacecraft attitude control thrusters. On last trading day GenCorp Inc. (NYSE:GY) increased 3.03% to close at $17.69. Its volatility for the week is 3.60% while volatility for the month is 2.81%. GY’s sales growth for past 5 years was 13.30% and its EPS growth for past 5 years was 91.00%. GenCorp Inc. (NYSE:GY) monthly performance is 1.03%.

Reed Elsevier NV (NYSE:ENL), a world-leading provider of scientific, technical and medical information products and services, announced the publication of five new geology books. These include the updated and revised third edition of Elements of Petroleum Geology, written by preeminent petroleum geologists, Dr. Richard Selley and Dr. Stephen Sonnenberg. Reed Elsevier NV (NYSE:ENL) has institutional ownership stands at 1.90%. In last trading activity company’s stock closed at $48.34.

The Charles Schwab Corporation (NYSE:SCHW), the largest discount broker, continues grabbing its fair share of ETF assets. For the year, ETF assets custodied at Schwab surged 18% to $231 billion, according to the firm’s fourth-quarter and 2014 snapshot released this week. On last trading day The Charles Schwab Corporation (NYSE:SCHW) increased 3.56% to close at $27.65. Its volatility for the week is 5.20% while volatility for the month is 2.92%. SCHW’s sales growth for past 5 years was 0.40% and its EPS growth for past 5 years was -6.00%. The Charles Schwab Corporation (NYSE:SCHW) monthly performance is -7.53%.


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