By Michael Brush, MarketWatch
Solid companies have been sold to be used solely as write-offs, and you can gain from that
Shares of solid companies go on sale at this time of the year simply because it's the season for tax-loss selling.
Graña y Montero S.A.A (NYSE: GRAM) (BVL: GRAMONC1) and Enagás have
formalized today the purchase of 51% and 30% respectively of Tecgas from
Canada Pension Plan Investment Board (CPPIB). Tecgas is the current
strategic operator of Transportadora de Gas del Perú (TgP) and also owns
100% stake of Compañía Operadora de Gas del Amazonas (COGA).
In March of this year, Graña y Montero S.A.A. and Enagás announced an
agreement with CPPIB for the purchase that has materialized today.
System, Inc. (NYSE: R), a leader in commercial
fleet management and supply
chain solutions , is proud to announce that 220 employees who work in
the company’s commercial rental business participated in the global day
dedicated to giving back, #GivingTuesday .
By Wallace Witkowski and Barbara Kollmeyer, MarketWatch
CalAmp shares down as revenue outlook disappoints
SAN FRANCISCO (MarketWatch) -- Cal-Maine Foods Inc. shares fell in the extended session Tuesday after the egg producer's quarterly earnings fell short of the Wall Street consensus.
U.S. Global Investors, Inc. ( Nasdaq:
GROW ), a boutique registered investment advisory firm specializing
in natural resources, emerging markets, domestic equities and municipal
bonds, announces that three of the mutual funds it manages will pay 2014
income dividend or capital gains distributions.
PACIFIC COAST OIL TRUST (NYSE: ROYT) (the “Trust”) a perpetual royalty
trust formed by Pacific Coast Energy Company LP (“PCEC”), announced
today a cash distribution to the holders of its units of beneficial
interest of $0.05256 per unit, payable on January 15, 2015, to
unitholders of record on January 6, 2015.
By Anora Mahmudova and Sara Sjolin, MarketWatch
Economy grew at 5% annual pace in third quarter
NEW YORK (MarketWatch) -- The Dow industrials closed above 18,000 for the first time ever and the S&P 500 notched up its 51st record close of the year, underscoring confidence in the strength of the U.S. economy.
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