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AutoZone founder Pitt Hyde transfers nearly half of his AZO stock shares
2015-06-18 19:04:02| Auto Parts - Topix.net
AutoZone Inc. founder J.R. "Pitt" Hyde has transferred almost half of his stake in the company, but the shares aren't going far. On June 3, Hyde submitted paperwork to the U.S. Securities and Exchange Commission to transfer ownership of 85,000 shares of AutoZone common stock.
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Genuine Parts Company Stock Analysis
2015-06-18 15:46:36| Auto Parts - Topix.net
Pullbacks in the stock market present some great opportunities in the stock market. Thanks Captain Obvious.
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A $23 Billion Stock drop that's just the tip of India's water risk
2015-06-18 12:44:10| Beverages - Topix.net
Few expected India's science minister to cut the monsoon outlook as he unveiled a weather forecasting system on June 2. The surprise contributed to a 1.5-trillion-rupee two-day slump in the nation's equities. The rupee also slid as Harsh Vardhan's prediction of weaker rainfall stoked concern that reduced farm output may hurt the economy.
Dow Chemical (DOW) Stock Gains Following Expiration of Chlorine Unit Merger Lockup Period
2015-06-17 21:50:14| Chemicals - Topix.net
The waiting period is required under federal antitrust regulations and the expiration was one of the closing conditions of the $5.4 billion merger that was first announced on March 27. "We are one step closer to combining the world-class assets and people of Dow and Olin taking our business to an entirely new level in terms of scale, integration, cost-advantaged feedstocks, and a broad and diverse end-uses portfolio, ultimately creating value for our customers," said Olin CEO Joseph Rupp.
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La-Z-Boy stock rolls over
2015-06-17 19:51:52| Furniture - Topix.net
La-Z-Boy shares are down sharely Wednesday after the plush seating maker turned into the latest company with disappointing revenue. Shares of the company are down $1.97, or 7%, to $25.19 after late Tuesday reporting quarterly revenue of $378.9 million, missing forecasts by 1%.
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