Home / Features / Frontline Active Stocks in Broker Choice- United Continental (NYSE:UAL), United Bankshares (NASDAQ:UBSI), Tyco International (NYSE:TYC)

Frontline Active Stocks in Broker Choice- United Continental (NYSE:UAL), United Bankshares (NASDAQ:UBSI), Tyco International (NYSE:TYC)

United Continental Holdings, Inc. (NYSE:UAL) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.20% to close at $47.60 with the total traded volume of 4.92 Million shares. United Continental Holdings, Inc. (UAL) announced the appointment of Andrew Levy as executive vice president and chief financial officer and Julia Haywood as executive vice president and chief commercial officer. Gerry Laderman, who has been serving as acting chief financial officer, will continue in his previous role as senior vice president, finance, procurement, and treasurer.

Jim Compton, who currently serves as chief revenue officer and vice chairman of United, will retire at the end of the year, after supporting the transition. Levy comes to United following more than thirteen years of leadership at Allegiant Travel Company, a highly successful ultra-low cost carrier. Levy brings a comprehensive airline background to United, having held the roles of president, chief operating officer and chief financial officer. The firm has institutional ownership of 99.30%, while insider ownership included 0.20%. Its price to sales ratio ended at 0.42. UAL attains analyst recommendation of 2.10 with week performance of 0.70%.

United Bankshares Inc. (NASDAQ:UBSI) [Trend Analysis] surged reacts as active mover, shares an increase 0.23% to traded at $39.00 and the percentage gap between open changing to regular change was -0.80%. United Bankshares, Inc. (UBSI) disclosed that it has signed a definitive merger agreement with Cardinal Financial Corp. (CFNL), a Virginia -based financial services holding company. The aggregate consideration of the transaction is approximately $912 million. United will acquire Cardinal in exchange for its common shares, and the exchange ratio will be fixed at 0.71 of United’s shares for each share of Cardinal.

The announced price represents 2.24 times Cardinal’s tangible book value at June 30, 2016. The transaction was unanimously approved by both companies’ Boards of Directors and is expected to close mid-2017, pending regulatory approval and United and Cardinal shareholder approval. The firm past twelve months price to sales ratio was 6.89 and price to cash ratio remained 2.44. As far as the returns are concern, the return on equity was recorded as 7.50% and return on investment was 15.30% while its return on asset stayed at 1.00%. The firm has total debt to equity ratio measured as 0.11.

Tyco International plc (NYSE:TYC) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 1.65% to $44.91. Tyco (TYC) declared that it decided to sell its security business in South Africa, which operates locally under the ADT brand, to Fidelity Security Group for approximately ZAR 1.9 billion or $140 million. The business provides security monitoring services, including dispatch of armed response guards, as well as fire detection and protection, access control and other security-related services, to residential and commercial customers.

The financial impact of this planned sale was previously disclosed as part of Tyco’s fiscal third quarter earnings report on July 29, 2016. After the transaction is completed, Tyco will continue to provide its fire, security and life safety products in South Africa. ADT will serve as a local distributor for Tyco’s residential and commercial security products and solutions, as well as Tyco’s specialized performance solutions for retail businesses. The share price of TYC attracts active investors, as stock price of week volatility recorded 1.65%. The stock is going forward to its 52-week low with 57.60% and lagging behind from its 52-week high price with -2.27%.


About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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