The BB&T Corporation, a big lender based in North Carolina, is doing something most of its peers have shied away from since the financial crisis: buying another bank. With its $2.5 billion acquisition of Susquehanna Bancshares, Inc. (NASDAQ:SUSQ), announced on Wednesday, BB&T is taking a significant step to bolster its presence in the Mid-Atlantic region. Susquehanna Bancshares, Inc. (NASDAQ:SUSQ) in last trading activity increased 0.69% to close at $13.15. Company weekly performance is 33.77% while its quarterly performance stands at 29.56%. Susquehanna Bancshares, Inc. (NASDAQ:SUSQ) is -0.68% away from its 52 week high.
On Nov 03, Cliffs Natural Resources Inc. (NYSE:CLF) has announced it is permanently closing its Scully iron ore mine in Wabush, Canada, affecting about 500 mining workers. There are about 50 workers still working at the mine during the idling period, and the company plans to reduce the number of employees at the operation to ten by the end of this year. On last trading day Cliffs Natural Resources Inc. (NYSE:CLF) increased 3.19% to close at $10.69. Its volatility for the week is 6.64% while volatility for the month is 9.41%. CLF’s sales growth for past 5 years was 9.50% and its EPS growth for past 5 years was -15.30%. Cliffs Natural Resources Inc. (NYSE:CLF) monthly performance is 14.09%.
On Nov 10, Franklin Covey Co. (NYSE: FC), announced financial results for its fiscal fourth quarter and full fiscal year ended August 31, 2014. Sales increased $6.5 million, or 11%, to $68.1 million, compared with $61.6 million in fiscal 2013. On last trading day Franklin Covey Co. (NYSE:FC) decreased -0.30% to close at $20.00. Its volatility for the week is 2.69% while volatility for the month is 2.23%. FC’s sales growth for past 5 years was -5.40% and its EPS growth for past 5 years was 28.30%. Franklin Covey Co. (NYSE:FC) monthly performance is 4.77%.
On Nov. 10, Harvard Bioscience Inc. (NASDAQ:HBIO), has appointed Bertrand Loy to its Board of Directors, effective immediately. Harvard Bioscience Inc. (NASDAQ:HBIO) has 5.40% insider ownership while its institutional ownership stands at 57.20%. In last trading activity company’s stock closed at $4.79.
FleetMatics Group PLC (NASDAQ:FLTX) was downgraded by Bank of America from a “buy” rating to a “neutral” rating in a research note issued on Thursday. They currently have a $40.00 price target on the stock. Bank of America’s price objective points to a potential upside of 8.17% from the stock’s previous close. On Friday shares of Fleetmatics Group PLC (NYSE:FLTX) closed at $37.10. Company’s sales growth for last 5 years was 40.90% and EPS growth for next 5 years is recorded as 25.33%.