Chico’s FAS Inc. (NYSE:CHS) [Trend Analysis] retains strong position in active trade, as shares scoring -1.19% to $10.77 in a active trade session, while looking at the shares volume, about 3.66 Million shares have changed hands in this session. Chico’s FAS (CHS) confirmed shareholder Barington Capital notified co of its intention to seek the election of two directors to co’s Board. The firm confirms that Bonnie Brooks, Vice Chairman of Hudson’s Bay Firm, and Bill Simon, the former President and Chief Executive Officer of Walmart U.S., have been nominated to stand for election to its Board. The Yearly Meeting, which was initially planned to be held on June 16, has been postponed by the co until July 21. The firm has institutional ownership of 95.60%, while insider ownership included 2.10%. CHS attains analyst recommendation of 2.70 with week’s performance of -1.73%. Investors looking additional ahead will note that the Price to next year’s EPS is 9.41%.
Time Inc. (NYSE:TIME) [Trend Analysis] knocking active thrust in leading trading session, shares an advance of 1.94% to 14.71 with about 1.05 Million shares have changed hands in this session. Time Inc. (TIME) reported that takeover of CCI Asia-Pacific Ltd., the Hong Kong-based publisher of Fortune China, Fortune’s Chinese-language edition.
President of Time Inc. International, Steve Marcopoto stated that the influence that Fortune China has achieved under CCI Asia-Pacific Chairman and Editor in Chief Thomas Gorman and his team has been remarkable. “We look forward to continuing to support Fortune’s role in the coverage of management expertise, insights and best business practices as the Chinese economy evolves and grows. We are particularly excited about our prospects to extend across new digital platforms, in live formats and through new alliances in a dynamic market.” The stock is going forward its fifty-two week low with 20.25% and lagging behind from its 52-week high price with -39.37%.
Likewise the positive performance for the quarter recorded as 6.29% and for the year was -32.89%, while the YTD performance remained at -6.13%. TIME has Average True Range for 14 days of 0.44.
Shares of Mines Management, Inc. (NYSEMKT:MGN) [Trend Analysis] swings enthusiastically in regular trading session, it an advance of 32.28% to close at $0.84. Mines Management to be takeoverd by Hecla Mining (HL), each outstanding share of Mines Management to be exchanged for 0.2218 of a ordinary share of Hecla (MGN). In the proposed merger, each outstanding ordinary share of Mines Management (MGN) will be exchanged for 0.2218 of a ordinary share of Hecla (HL).
This represents a 41% premium to Mines Management, using both companies’ 10 day VWAP (Volume Weighted Average Price) on May 20, 2016. The transaction is predictable to close in 3FIRST QUARTER6. The transaction is subject to authorization by Mines Management shareholders and other closing conditions. The stock is going forward its fifty-two week low with 650.00% and lagging behind from its 52-week high price with 6.33%. MGN last month stock price volatility remained 8.22%.