Janney Montgomery Scott Downgrades South Jersey Indus to Neutral
Janney Montgomery Scott analyst Michael Gaugler downgrades South Jersey Indus (NYSE:SJI) from Buy to Neutral.
South Jersey Indus Q3 EPS $(0.18) Down From $(0.17) YoY, Sales $608.52M Up From $365.63M YoY
South Jersey Indus (NYSE:SJI) reported quarterly losses of $(0.18) per share. This is a 5.88 percent decrease over losses of $(0.17) per share from the same period last year. The company reported $608.52 million in
Short Interest Sector Focus: Utilities Sector
As of the close of business on Friday, 9/30, we captured the Top 10 Highest Short Interest % stocks within the Utilities Sector.
The average short interest for stocks within the Utilities sector stands at 2.05%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
South Jersey Indus Q1 EPS $1.25 Down From $1.26 YoY, Sales $824.58M Up From $674.30M YoY
South Jersey Indus (NYSE:SJI) reported quarterly earnings of $1.25 per share. This is a 0.79 percent decrease over earnings of $1.26 per share from the same period last year. The company reported $824.58 million in
Merger Arbitrage Mondays – Standard General Acquires Tegna For $8.6 billion Or $24 Per Share In Cash
Merger activity remained steady with five new deals announced, four deals completed and one deal terminated. Two of the five new deals announced were potential deals in the works.
TEGNA Inc. (NYSE: TGNA)
Mid-Afternoon Market Update: Nasdaq Surges 2%; South Jersey Industries Shares Spike Higher
U.S. stocks pared some earlier losses toward the end trading, with the Nasdaq jumping 2% on Thursday.
Mid-Day Market Update: Dow Drops Over 500 Points; Crude Oil Surges 6%
U.S. stocks remained lower midway through trading on Thursday after Russia’s President Vladimir Putin announced that the country’s armed forces would carry out a “special military operation” in Ukraine.
44 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Indonesia Energy Corporation Limited (NYSE: INDO) shares climbed 66.7% to $12.55 following a 16% surge on Wednesday.
Mid-Morning Market Update: US Markets Open Lower Amid Russian Military Action In Ukraine
U.S. stocks opened on a downbeat note this morning after Russia’s President Vladimir Putin announced that the country’s armed forces would carry out a “special military operation” in Ukraine.
South Jersey Industries Reports Will Be Acquired By Infrastructure Investments Fund For $36/Share In Cash, Or $8.1B Deal
South Jersey Industries, Inc. Enters into Agreement to be Acquired by the Infrastructure Investments Fund
Represents Significant Long-Term Investment to Support the Success of SJI, Its Employees,
Customers and