Ending modestly higher as anticipation builds for the expected announcement of a massive stimulus package from the European Central bank. Heres how things looked at the close. The dow up 39 points despite a big drag from a 3 decline in shares of ibm following weaker full year guidance. The nasdaq was up 12 and the s p added 9 points. With stocks gains and losses today, investors are looking for some real direction tomorrow when we learn just what the ecb has in store for europe and for the global economy. The European Central bank has one big tool left in its belt quantitative easing. A massive Bond Buying Program aimed at restoring growth to its economy similar to the one the u. S. Federal reserve ended latz fall. The Big Questions are, just how big will the program be how many euros are involved how long will it last and ultimately will it be enough to make a difference . To think that the ecb has a magic wand and will already change all the situation in europe by its magic wand in m
McKesson Co. (NYSE:MCK – Get Free Report) EVP Leann B. Smith sold 600 shares of the stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of $585.53, for a total transaction of $351,318.00. Following the transaction, the executive vice president now directly owns 2,022 shares of […]
Fort Baker Capital Management LP purchased a new position in shares of Masonite International Co. (NYSE:DOOR – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 166,000 shares of the company’s stock, valued at approximately $14,054,000. Masonite International comprises approximately […]
Deluxe Co. (NYSE:DLX – Get Free Report) CEO Barry C. Mccarthy purchased 2,440 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was bought at an average price of $21.63 per share, with a total value of $52,777.20. Following the completion of the purchase, the chief executive officer now owns […]
Mairs & Power Inc. decreased its position in The Travelers Companies, Inc. (NYSE:TRV – Free Report) by 2.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 77,836 shares of the insurance provider’s stock after selling 2,365 shares during the quarter. Mairs & Power Inc.’s holdings in Travelers Companies were worth $14,827,000 at the […]