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Cleco seeks another hearing on investors' bid to buy utility

2016-03-09 12:49:21| Energy - Topix.net

Cleco Corp. has asked state regulators to revisit a decision that prevented investors from buying the utility for $4.9 billion.

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Investors Buy Shares of United Technologies Co. (UTX) on Weakness After Analyst Downgrade

2016-03-09 04:56:38| Industrial Machines - Topix.net

Investors bought shares of United Technologies Co. on weakness during trading on Tuesday after Morgan Stanley lowered their price target on the stock from $111.00 to $107.00, AnalystRatings.Net reports.

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Numeric Investors LLC Boosts Stake in Graphic Packaging Holding Company

2016-03-09 01:34:08| Paper - Topix.net

Numeric Investors LLC increased its position in Graphic Packaging Holding Company by 161.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 483,300 shares of the company's stock after buying an additional 298,400 shares during the period.

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Numeric Investors LLC Cuts Stake in Steel Dynamics, Inc.

2016-03-08 22:14:28| Steel - Topix.net

Numeric Investors LLC lowered its stake in Steel Dynamics, Inc. by 76.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 321,973 shares of the company's stock after selling 1,049,900 shares during the period.

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United faces battle with unhappy investors over board seats

2016-03-08 18:32:19| Airlines - Topix.net

Saying they are fed up with poor performance at United Continental Holdings, two investment firms want to shake up the airline's board of directors and give a prominent role to the ex-CEO credited with saving Continental Airlines more than a decade ago. In a surprise move Tuesday morning, Altimeter Capital Management and PAR Capital Management made a public pitch to add six of its own nominees to the board.

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