Home / Business / Active Movers in Hot Line- V.F. Corporation (NYSE:VFC), Endurance Specialty Holdings Ltd. (NYSE:ENH)

Active Movers in Hot Line- V.F. Corporation (NYSE:VFC), Endurance Specialty Holdings Ltd. (NYSE:ENH)

V.F. Corporation (NYSE:VFC) [Trend Analysis] moved down reacts as active mover, shares a decrease -1.01% to traded at $55.62 and the percentage gap among open changing to regular change was -0.75%. The Board of VF Corp. (VFC) reported that President & COO Steven Rendle will become the firm’s CEO, effective Jan. 1, 2017. Rendle will succeed CEO Eric Wiseman who will continue to serve as Executive Chairman of VF’s Board. As President & CEO, Rendle will have accountability for VF’s strategic direction, successful implementation and achievement of its near- and long-term growth plan, and day-to-day global operations. Rendle has over 30 years of experience in the specialty outdoor and action sports industry, 16 of which have been with VF. The firm’s current ratio calculated as 1.50 for the most recent quarter. The firm past twelve months price to sales ratio was 1.91 and price to cash ratio remained 34.56. As far as the returns are concern, the return on equity was recorded as 21.40% and return on investment was 18.10% while its return on asset stayed at 10.90%. The firm has total debt to equity ratio measured as 0.60.

Endurance Specialty Holdings Ltd. (NYSE:ENH) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 4.22% to $91.58. okyo-based global insurance carrier Sompo Holdings, Inc agreed to takeover Endurance Specialty Holdings Ltd. (ENH), a Bermuda-based provider of property and casualty insurance and reinsurance, for US$93 per share in cash.

The aggregate consideration is 637.5 billion yen or about US$6.304 billion. The offer price represents about a 40.3% premium to Endurance’s closing share price on 3 October 2016 and about a 41.6% premium to the average share price over the last 3 months. The acquisition has been agreed by the Bodof Endurance and is subject to Endurance shareholder authorization at a shareholders’ meeting. The share price of ENH attracts active investors, as stock price of week volatility recorded 8.62%. The stock is going forward to its 52-week low with 60.78% and lagging behind from its 52-week high price with 2.93%.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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