Large Cap New highs: Weyerhaeuser Company (NYSE:WY), Intel Corporation (NASDAQ:INTC), Archer Daniels Midland (NYSE:ADM), Caterpillar (NYSE:CAT), Capital One Financial (NYSE:COF)


Weyerhaeuser Company (NYSE: WY) announced the preliminary results of its exchange offer for Weyerhaeuser common shares in connection with the split-off transaction of its homebuilding business, Weyerhaeuser Real Estate Company (“WRECO”). The exchange offer was in connection with the “Reverse Morris Trust” transaction, previously announced on November 4, 2013, pursuant to which a wholly owned subsidiary of TRI Pointe Homes, Inc. (NYSE: TPH) (“TRI Pointe”) will merge with and into WRECO (the “Merger”), with WRECO surviving the Merger and becoming a wholly owned subsidiary of TRI Pointe. Weyerhaeuser intends to accept shares validly tendered in the exchange offer, subject to proration, and expects the closing of the merger to occur on July 7, 2014 following the satisfaction of all closing conditions. Shares of Weyerhaeuser Company (NYSE:WY)closed at $33.22 in last trading session. Yesterday share price of the company was traded in the range of $32.64 to $33.36. Company now has a market value of $19.43 billion. Weyerhaeuser Company (NYSE:WY)price to sales ratio in past twelve months was calculated as 2.27 and price to cash ratio as 24.92.

TheStreet Ratings team reiterates its “buy” rating on Intel Corporation (NASDAQ:INTC)with a ratings score of B+. The stock hit a 52-week high of $31.36 on Thursday. Intel Corporation (NASDAQ:INTC) stock traded in the range of $31.02 – $31.36 and at the end of the day, it closed at $31.14. Average trading volume of the company is $20.44M. Intel Corporation (NASDAQ:INTC)return on equity ratio is recorded as 16.90% and its return on assets is 10.50%.

Archer Daniels Midland Company (NYSE:ADM)is close to buying natural food ingredients maker Wild Flavors GmbH, backed by buyout group KKR & Co, for about 2.5 billion euros ($3.4 billion), Bloomberg reported, citing people familiar with the matter. Archer Daniels Midland Company (NYSE:ADM) after opening at $45.35, moved up 0.99% to $45.77 on last trading day. Company’s 52 week range is $34.21 – $45.95.

Wed reiterated their average rating on shares of Caterpillar (NYSE:CAT) in a research report sent to investors on Wednesday morning. Caterpillar Inc. (NYSE:CAT)stock hit highest price at $111.16, beginning with a price of $109.90 and increased 1.39% to the close at $111.08 with day range of $109.69 – $111.16. The total market capitalization of the stock is $69.48 billion.

This summer Capital One Financial Corp. (NYSE:COF)is celebrating financial independence from sea to shining sea with the #my360independence sweepstakes, and like hot dogs and fireworks, Capital One Financial Independence Days Sale continues a summertime tradition of offering special bonuses for savers, small businesses and home buyers, as well as investing bonuses from ShareBuilder. Capital One Financial Corp. (NYSE:COF) after opening at $84.20, moved up 1.61% to $84.95 on last trading day. Company’s 52 week range is $63.33 – $84.98.


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