Mondelez International Inc. (NASDAQ:MDLZ) announced it would acquire an 80 per cent stake in Kinh Do Corporation’s (KDC) category-leading snacks business in Vietnam for $370 million. The deal is expected to close in the second quarter of 2015, subject to approval from KDC’s shareholders and local authorities. On Tuesday shares of Mondelez International, Inc. (NASDAQ:MDLZ) closed at $36.08. Company’s sales growth for last 5 years was -2.70% and EPS growth for next 5 years is recorded as 11.13%.
Electric utility provider Wisconsin Energy Corp. (NYSE:WEC) announced 3.25 cent (or 8.3%) hike in its quarterly cash dividend to 42.25 cents per share for the fourth quarter of 2014. The increased dividend will be paid on Mar 1, 2015, to shareholders of record as of Feb 13, 2015. Wisconsin Energy Corp. (NYSE:WEC) in last trading activity increased 0.12% to close at $57.09. Company weekly performance is 2.39% while its quarterly performance stands at 18.35%. Wisconsin Energy Corp. (NYSE:WEC) is -0.28% away from its 52 week high.
On January 15, Shutterstock, Inc. (NYSE:SSTK) said that it has entered into a definitive agreement to acquire PremiumBeat, a leading provider of exclusive, high-quality music and sound effects for use in videos, films, television, apps, games, and other creative projects. On last trading day Shutterstock, Inc. (NYSE:SSTK) fell -1.43% to close at $58.59. Its volatility for the week is 3.17% while volatility for the month is 3.81%. SSTK’s sales growth for past 5 years was 34.90. Shutterstock, Inc. (NYSE:SSTK) monthly performance is -13.56%.
The Boeing Company (NYSE:BA) will be the first commercial company to carry a NASA astronaut to space in July 2017 under a contract with the US space agency, followed by its competitor SpaceX, officials said Monday. SpaceX and Boeing said Monday that they are on track to carry out their first manned test flights to the space station in 2017. NASA chose the two private companies last September to transport American astronauts to and from the orbiting lab. On Tuesday shares of The Boeing Company (NYSE:BA) closed at $132.48. Company’s sales growth for last 5 years was 7.30% and EPS growth for next 5 years is recorded as 12.88%.
Palo Alto Networks, Inc. (NYSE:PANW) was downgraded byZacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Monday. They currently have a $124.80 target price on the stock. Zacks‘s target price suggests a potential downside of 1.68% from the stock’s previous close. On last trading day Palo Alto Networks, Inc. (NYSE:PANW) fell -0.73% to close at $126.00. Its volatility for the week is 3.37% while volatility for the month is 3.31%. PANW’s sales growth for past 5 years was 113.80% and its EPS growth for past 5 years was -58.00%. Palo Alto Networks, Inc. (NYSE:PANW) monthly performance is 0.01%.