|Last Price$38.22||Day Change (%)0.18%|
|Open Price$38.23||Day Change ($)0.07|
|Day Range37.96–38.36||52-Week Range28.24–40.25|
As of Mon 7/25/2016 4:59:00 PM | USD
Ceridian CEN is set be acquired after shareholders finally approved the $36 per share offer from Thomas H. Lee Partners and Fidelity National Financial FNF. We expect the deal to be completed before the end of the year.
The Oakmark manager on what attracted him to financials, plus the benefits of bringing a private-equity perspective to public-equity investing.
Rising mortgage rates and falling refinancing volume could create an opportunity.
Most of the firm's rated funds have garnered positive Morningstar Analyst Ratings.
Plus, a top executive bolts from eBay, Brazilian telcos get cheap, and more.
The Fed steps into the storm; stagflation worries persist.