UNG Sets 4-For-1 Reverse Share Split
UNG Sets 4-For-1 Reverse Share Split
By Olivier Ludwig | February 06, 2012 8:48 pm US Commodity Funds, the company behind some of the earliest futures-based commodities ETFs, is planning a 4-for-1 reverse split on its United States Natural Gas Fund (NYSEArca: UNG) to pump up a share price …
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Brown & Brown, Medco Health, Sprint, Sysco: U.S. Equity Movers
6 (Bloomberg) — Shares of the following companies had unusual moves in US trading. Stock symbols are in parentheses, and prices are as of 4 pm in New York. Brown & Brown Inc. (BRO US) rose 5 percent to $ 24.52, the highest price since July 14.
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Share prices signal optimism for US banks
The S&P financials sector in the US has begun trading above the book value of its assets for the first time since July in a sign of a turn in investor sentiment towards banks. Historically, if bank shares have traded below one times their book value, …
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