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Profund Advisors LLC Raises Stake in Jarden Corp

2016-03-17 03:41:52| Appliances - Topix.net

Profund Advisors LLC raised its position in shares of Jarden Corp by 43.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission . The institutional investor owned 25,044 shares of the company's stock after buying an additional 7,546 shares during the period.

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Masco Corp (MAS) Shares Sold by Retirement Systems of Alabama

2016-03-17 03:00:26| Furniture - Topix.net

Retirement Systems of Alabama reduced its position in Masco Corp by 10.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 174,485 shares of the company's stock after selling 19,551 shares during the period.

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FedEx Corp. Fiscal Third-Quarter Adjusted Earnings Rise 18%

2016-03-16 23:55:42| Air Courier - Topix.net

FedEx Corp. reported fiscal third-quarter net income rose 18% to $692 million, or $2.51 per share, excluding one- time costs, powered by higher profits at its Express unit. The company's profit before interest and taxes at the Express unit rose 51% to $595 million from $393 million, but results were less favorable at the Ground and Freight units.

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The Valspar Corp (NYSE:VAL) Receives Consensus Recommendation of "Hold" from Brokerages

2016-03-16 22:18:37| Chemicals - Topix.net

The Valspar Corp has received an average rating of "Hold" from the twelve analysts that are covering the company, AnalystRatings.Net reports . Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company.

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CSX Corp. cuts 101 jobs in eastern Kentucky

2016-03-16 22:02:43| Railroads - Topix.net

Officials say 101 positions at a CSX Corp. facility in eastern Kentucky are being eliminated amid a slump in the coal industry. CSX spokeswoman Melanie Cost told media that the company decided to make the cuts as a last resort.

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