General Motors Company (NYSE:GM) is in discussions with activist shareholder Harry J. Wilson and his proposal to join the automaker’s board and to return $8 billion to investors, with the hope of avoiding a proxy fight, according to a story in the Wall Street Journal. On Friday shares of General Motors Company (NYSE:GM) closed at $36.84. Company’s sales growth for last 5 years was 8.30% and EPS growth for next 5 years is recorded as 15.80%.
Trina Solar Limited (NYSE:TSL) said it planned to spin off its power plants business and take it public, joining a growing list of solar panel makers seeking a source of low-cost funding. Investors pushed up the company’s shares as such spin-offs normally lead to fat dividends. On Friday shares of Trina Solar Limited (NYSE:TSL) closed at $11.97. Company’s sales growth for last 5 years was 16.40%.
Ferrellgas Partners, L.P. (NYSE:FGP) announced the declaration of its second quarter cash distribution of $0.50 per partnership common unit. The distribution marks the eighty second consecutive $0.50 quarterly distribution and is payable March 17, 2015, to common unitholders of record as of March 10, 2015. On last trading day Ferrellgas Partners LP (NYSE:FGP) decreased -5.66% to close at $23.69. Its volatility for the week is 2.75% while volatility for the month is 2.39%. FGP’s sales growth for past 5 years was 3.10% and its EPS growth for past 5 years was -12.30%. Ferrellgas Partners LP (NYSE:FGP) monthly performance is 2.16%.
A Johnson & Johnson (NYSE:JNJ) unit told a Federal Circuit panel Friday its surgical tool patent infringement suit against Covidien PLC should get a new lease on life, saying its patent has specified limitations and is not indefinitely broad. Johnson & Johnson (NYSE:JNJ) in last trading activity moved down -2.35% to close at $100.11. Company weekly performance is -2.34% while its quarterly performance stands at -6.41%. Johnson & Johnson (NYSE:JNJ) is -7.50% away from its 52 week high.
RBC Capital restated their outperform rating on shares of ARM Holdings plc (NASDAQ:ARMH) in a report issued on Friday. They currently have a GBX 1,300 ($20.03) target price on the stock. On last trading day ARM Holdings plc (NASDAQ:ARMH) moved down -1.64% to close at $53.45. Its volatility for the week is 1.62% while volatility for the month is 1.74%. ARMH’s sales growth for past 5 years was 21.10% and its EPS growth for past 5 years was 43.10%. ARM Holdings plc (NASDAQ:ARMH) monthly performance is 9.30%.