Pike Corporation (NYSE:PIKE) announced that it has signed a definitive merger agreement under which investment firm Court Square Capital Partners in partnership with J. Eric Pike, the Company’s Chairman and Chief Executive Officer, will acquire the Company in a transaction in which each of the Company’s shareholders will receive $12.00 in cash, without interest and less any applicable withholding taxes, for each share of the Company’s common stock they hold. The price represents a premium of approximately 50.8 percent over the Company’s closing price on August 1, 2014, and a premium of approximately 39.6 percent over the 30-day volume-weighted average closing prices leading up to that date. Pike Corporation (NYSE:PIKE) belongs to Industrial Goods sector. Its net profit margin is 1.20% and weekly performance is 43.92%. On last trading day company shares ended up $11.83. Pike Corporation (NYSE:PIKE) distance from 50-day simple moving average (SMA50) is 36.35%.
Huntington Bancshares (NASDAQ:HBAN) was upgraded by research analysts at RBC Capital from a “sector perform” rating to an “outperform” rating in a report released on Thursday, TheFlyOnTheWall.com reports. The firm currently has a $12.00 price objective on the stock, up from their previous price objective of $11.00. RBC Capital’s price objective indicates a potential upside of 23.58% from the stock’s previous close. Huntington Bancshares Incorporated (NASDAQ:HBAN) shares decreased -0.05% in last trading session and ended the day at $9.69. HBAN return on assets is 1.00%. Huntington Bancshares Incorporated (NASDAQ:HBAN) quarterly performance is 7.01%.
Vanguard Natural Resources, LLC (NASDAQ:VNR) (“Vanguard” or “the Company”) today announced it has entered into a definitive agreement to acquire natural gas, oil and natural gas liquids (“NGLs”) assets in North Louisiana and East Texas for a purchase price of $278 million from Hunt Oil Company. On 04 August, Vanguard Natural Resources, LLC (NASDAQ:VNR) shares moved up 3.22% and was closed at $31.76. VNR EPS growth in last 5 year was 34.70%. Vanguard Natural Resources, LLC (NASDAQ:VNR) year to date (YTD) performance is 12.03%.
The prices paid by Wellpoint Inc. (NYSE:WLP) to California hospitals for a standard appendectomy (DRG 167) varied from $1,800 to $13,700 and for a coronary bypass graft (DRG 107) from $33,000 to $99,800. WellPoint Inc. (NYSE:WLP) ended the last trading day at $111.60. Company weekly volatility is calculated as 3.73%and price to cash ratio as 17.15. WellPoint Inc. (NYSE:WLP) showed a weekly performance of -3.44%.
Heidrick & Struggles International, Inc. (NASDAQ:HSII), the premier provider of Executive Search and Leadership Consulting services worldwide, on 22 July announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share. The dividend is payable on August 15, 2014 to shareholders of record at the close of business on August 1, 2014. Heidrick & Struggles International Inc. (NASDAQ:HSII) shares moved up 1.51% in last trading session and ended the day on $18.85. HSII return on assets is 1.30%. Heidrick & Struggles International Inc. (NASDAQ:HSII) quarterly performance is 6.50%.