Kayne Anderson MLP Investment Co. (KYN) has released an offering of around 5.8M shares as the firm seems to lifts funds for additional portfolio investments and for general corporate purposes.
Kayne Anderson MLP Investment Co. (NYSE:KYN) opened at $35.70 with 88.62 million outstanding shares and touched its highest price of $36.15 during the day and then finished at $36.01 by scoring -4.25%. In the whole session, it traded on volume of 6.14 shares which turned higher than its average volume.
MSC Industrial Direct Co.’s (MSM) fiscal Q3 earnings plunged 11% as the industrial and maintenance-products distributor booked moved up costs that outweighed higher revenue.
MSC Industrial Direct Co Inc (NYSE:MSM) stock hit highest price at $81.58, beginning with a price of $80.00 and reported a gain of +0.50% to the closed at $80.31 with a day range of $78.50-$81.58. The total market capitalization remained $5.08 billion, total volume of 589,609 shares held in the session was surprisingly higher than its average volume of 354,190 shares.
Tribune Co. (TRBAA) announced on Wednesday that it would spin off its publishing business from its broadcast arm, forming 2 separate firms as the media company plans to shift its focus to its TV operations in a bid to maximize profits.
Tribune Company (OTCMKTS:TRBAA) begun last trade with a price of $62.85 and throughout the trading session climbed at a high of $63.65.
Chubb Corp. (CB) predicts catastrophe losses of $240M in the Q2, following a string of violent storms swept through the central U.S.
The Chubb Corporation (NYSE:CB) traded at $85.51 by plunging -1.71% with price volatility of 1.25% for a week and 1.36% for a month. Its price volatility’s Average True Range for 14 days was 1.24 and its beta stands at 0.44 times. The stock after opening at $86.85 hit high price of $86.99 and on last session stock held volume of 1.72 million shares which was unexpectedly lower than its average volume of 1.14 million shares.
Moody’s Investors Service located its rating on Duke Energy Corp. (DUK) on appraisal for a possible upgrade, quoting the resolution of several uncertainties that had faced the giant utility company over the past year.
Duke Energy Corp (NYSE:DUK) stock hit highest price at $68.82, beginning with a price of $68.05 and reported a gain of +0.63% to the closed at $68.59 with a day range of $67.81-$62.82. The stock is going forward its 52 week low with 17.56% and lagging behind from its 52 week high price with -8.14%.
NeoGenomics, Inc. (NASDAQ:NEO) stock hit highest price at $3.69, beginning with a price of $3.69 and reported a fall of -18.11% to the closed at $3.03 with a day range of $2.98-$3.69. The total market capitalization remained $137.20 million, total volume of 1.36 million shares held in the session was surprisingly lower than its average volume of 258,745 shares.
Bio-Reference Laboratories Inc (NASDAQ:BRLI) begun last trade with a price of $28.22 and throughout the trading session climbed at a high of $28.24. The day-trade ended with a dropped of 25.86% to $26.00. The stock is going forward its 52 week low with 11.30% and lagging behind from its 52 week high price with -20.88%. BRLI last month stock price volatility remained 3.10%.
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