Information Provided By:
Fly News Breaks for May 5, 2015
MWV, CCK, RKT
May 5, 2015 | 07:12 EDT
Jefferies added RockTenn (RKT) to its Franchise Pick List in place of Crown Holdings (CCK) and raised its price target for shares to $84 from $80. The firm notes RockTenn shares are now back to levels near when the MeadWestvaco (MWV) deal was announced. Jefferies sees a number of ways for RockTenn to unlock value and says investors are getting a "free call option" on the acquisition at current shares levels. It keeps a Buy rating on the name.
News For RKT;CCK;MWV From the Last 2 Days
RKT
May 19, 2022 | 08:45 EDT
Latest data shows the largest indicative borrow rate increases among liquid option names include: (FRGE) 303.50% +2.67, Rocket Companies (RKT) 9.67% +1.41, Digital World Acquisition Corp (DWAC) 104.19% +1.30, Microvision (MVIS) 17.88% +0.59, Fisker (FSR) 31.63% +0.49, Yum China (YUMC) 1.62% +0.29, Golden Ocean (GOGL) 1.03% +0.25, PowerShares DB Optimum Yield Diversified Comm Strategy Portfolio (PDBC) 1.11% +0.23, Arch Coal (ARCH) 12.86% +0.21, and SPDR S&P Regional Banking (KRE) 1.14% +0.20.
CCK
May 18, 2022 | 06:32 EDT
Truist hosts a field trip to the company's beverage can plant in New York on May 19.