PDI Inc (PDII) Mega-Deal In Focus; MSCI Inc (MSCI) Upward Rating Momentum
PDI, Inc. (Nasdaq:PDII) said that it will receive between $25.5 million to $32.5 million as an initial cash payment at closing from the sale of its Commercial Services business to Publicis Healthcare Communications Group, part of Publicis Groupe.
PDII shares finished Friday’s trading session at $1.63, down $0.07 (or -4.12%)
PDI, Inc., a leading healthcare commercialization company, has 16.72M Shares Outstanding, Market Capitalization (intraday) of $27.25M and PDII stock 52-week range is $1.00 – $2.74 per share.
Brokerage firm Keefe Bruyette upgraded MSCI Inc. (NYSE:MSCI) shares from an Underperform to a Market Perform rating and raised its price target from $59.00 to $66.00.
MSCI recently reported third quarter 2015 operating revenues of $268.8 million, a 6.8% increase year over year, and adjusted (excluding non-recurring items) net income of $65.73 million, or $0.60 per diluted share, compared to adjusted net income of $59.21 million, or $0.50 per diluted share in the same period the prior year
Shares of MSCI surged $1.48 (or +2.26%) to $67.00 on Friday’s market activity
MSCI, which provides investment decision support tools worldwide, has 109.66M Shares Outstanding, Market Capitalization (intraday) of $7.35B and MSCI stock one-year range is between $45.66 and $68.83 per share.
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