Dominion Resources, Inc. (NYSE:D) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.82% to close at $75.06 with the total traded volume of 4.56 Million shares. Dominion Resources, Inc. (NYSE:D) together with and Questar Corporation reported that they have completed their proposed merger, forming one of the nation’s largest combined electric and natural gas energy companies.
Thomas F. Farrell II, chairman, president and chief executive officer, stated: “We are happy to complete our strategic combination with Questar, and to continue serving our Questar consumers in the West with the same commitment and dedication to safety and excellence to which they – and our consumers along the Eastern Seaboard and Midwest – are accustomed. Questar’s high-performing regulated businesses also improve our geographic diversity and enhance our balance among electric and gas operations.” The firm has institutional ownership of 65.00%, while insider ownership included 0.39%. Its price to sales ratio ended at 4.22. D attains analyst recommendation of 2.40 with week performance of 3.53%.
Stonegate Bank (NASDAQ:SGBK) [Trend Analysis] surged reacts as active mover, shares an advance 1.03% to traded at $33.43 and the percentage gap among open changing to regular change was 0.21%. Stonegate Bank (NASDAQ: SGBK) reported recently the completion of the merger with Regent Bancorp, comprising its wholly owned subsidiary, Regent Bank. The consolidated bank will report about $2.8 billion in total assets.
“We are excited to announce the completion of the Regent Bancorp merger recently,” stated Dave Seleski, President and CEO of Stonegate. “This will give Stonegate about $1.6 billion in deposits in southeast Florida and enhances our presence in Central Palm Beach County.” The firm past twelve months price to sales ratio was 4.47 and price to cash ratio remained 2.09. As far as the returns are concern, the return on equity was recorded as 9.60% and return on investment was 24.60% while its return on asset stayed at 1.20%. The firm has total debt to equity ratio measured as 0.00.
Flowserve Corp. (NYSE:FLS) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.24% to $46.66. The share price of FLS attracts active investors, as stock price of week volatility recorded 2.25%. The stock is going forward to its 52-week low with 38.89% and lagging behind from its 52-week high price with -10.78%.