3M Co (NYSE:MMM) will pay about $885 million for Sumitomo Electric Industries Ltd’s stake in their Japan joint venture, giving the diversified U.S. manufacturer full control of the business, 3M said on Wednesday. The deal is expected to add about 8 cents per share to earnings in the first 12 months after it closes, 3M said. Analysts, on average, expect 3M to earn $7.46 per share in 2014, according to Thomson Reuters. 3M Co (NYSE:MMM) stock performance was 0.77% in last session and finished the day at $146.17. Traded volume was 1.97million shares in the last session and the average volume of the stock remained 2.01million shares. The beta of the stock remained 1.14. 3M Co (NYSE:MMM) insider ownership is 0.10%.
Equities research analysts at Deutsche Bank lifted their target price on shares of Camden Property Trust (NYSE:CPT) from $65.00 to $71.00 in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price points to a potential downside of 0.91% from the company’s current price. Camden Property Trust (NYSE:CPT) rose 0.22 percent to $72.67 Wednesday on volume of 453,788.00million shares. The intra-day range of the stock was $72.16 to $72.92. Camden Property Trust (NYSE:CPT) has a market capitalization of $6.22billion.
Travelzoo Inc (NASDAQ:TZOO) is scheduled to post its Q214 quarterly earnings results on Thursday, July 17th. Analysts expect Travelzoo to post earnings of $0.29 per share and revenue of $39.58 million for the quarter. Travelzoo Inc. (NASDAQ:TZOO)’s stock on July 16, 2014 reported a increase of 1.66% to the closing price of $18.99. Its fifty two weeks range is $17.03 -$33.95. The total market capitalization recorded $280.04million. The overall volume in the last trading session was 145,924.00million shares. In its share capital, TZOO has 14.75million outstanding shares.
Hampton Roads Bankshares, Inc. (NASDAQ:HMPR), the holding company for The Bank of Hampton Roads (“BHR”) and Shore Bank, on 07 July 2014 announced that Deborah B. Mast joined the Company as Senior Vice President, Senior Business Development Officer, effective today. Based in Chesapeake, Virginia, Mast will be responsible for providing leadership in business development outreach and related initiatives, advising on cash management and customized deposit solutions, and working closely with Financial Center Managers and Commercial Relationship Managers to expand existing client relationships. On Wednesday, shares of Hampton Roads Bankshares, Inc. (NASDAQ:HMPR) advanced 0.61% to close the day at $1.66. Company return on investment (ROI) is 29.50% and its monthly performance is recorded as -1.19%. Hampton Roads Bankshares, Inc. (NASDAQ:HMPR) quarterly revenue growth is 1.84%.