Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Orbitz Worldwide, Inc. (NYSE: OWW) to Expedia, Inc. (NASDAQ: EXPE). Under the terms of the proposed transaction, shareholders of Orbitz will receive only $12.00 in cash for each share of Orbitz common stock that they own. On Thursday shares of Orbitz Worldwide, Inc. (NYSE:OWW) closed at $11.72. Company’s sales growth for last 5 years was -0.50% and EPS growth for next 5 years is recorded as 10.00%.
On 30 January, Vale SA (NYSE:VALE) said it plans to slash dividends to the lowest level in eight years in a bid to shore up cash amid spiraling commodity prices. Vale’s management proposed to the board a $2 billion minimum dividend payment for 2015, down from $4.2 billion last year and the lowest outlay since 2007. Vale S.A. (NYSE:VALE) in last trading activity moved up 4.18% to close at $7.73. Company weekly performance is 2.38% while its quarterly performance stands at -13.34%. Vale S.A. (NYSE:VALE) is -48.36% away from its 52 week high.
On 10 February, Arch Capital Group Ltd. (NASDAQ:ACGL) reported that net income available to Arch common shareholders for the 2014 fourth quarter was $209.7 million, or $1.60 per share, compared to $156.0 million, or $1.14 per share, for the 2013 fourth quarter, while after-tax operating income available to Arch common shareholders was $150.2 million, or $1.15 per share, for the 2014 fourth quarter, compared to $152.7 million, or $1.12 per share, for the 2013 fourth quarter. On last trading day Arch Capital Group Ltd. (NASDAQ:ACGL) moved down -1.10% to close at $59.59. Its volatility for the week is 1.57% while volatility for the month is 1.71%. ACGL’s sales growth for past 5 years was 2.30% and its EPS growth for past 5 years was 30.10%. Arch Capital Group Ltd. (NASDAQ:ACGL) monthly performance is 0.73%.
PepsiCo Inc. (NYSE:PEP) has declared a quarterly dividend of $0.655 per share of PepsiCo common stock. The dividend is payable on March 31, 2015, to shareholders of record as of March 6, 2015. Pepsico, Inc. (NYSE:PEP) has 0.10% insider ownership while its institutional ownership stands at 70.20%. In last trading activity company’s stock closed at $100.27.
Stifel Nicolaus initiated coverage on shares of Stifel Financial Corp (NYSE:SFN) in a research note released on Tuesday morning. The firm issued a buy rating and a $56.00 target price on the stock. On last trading day Stifel Financial Corp. (NYSE:SFN) moved down -0.31% to close at $25.88. Its volatility for the week is 0.66% while volatility for the month is 0.97%. SFN’s EPS growth for past 5 years was -9.99%. Stifel Financial Corp. (NYSE:SFN) monthly performance is 0.08%.