Stocks That Hit 52-Week Highs On Tuesday
Tuesday's morning session saw 105 companies set new 52-week highs.
Sonoco Buys Group Annuity Contracts From Athene
Packaging company Sonoco Products Co (NYSE:SON) has announced the purchase of group annuity contracts from Athene Holding Ltd (NYSE:ATH), an insurance company. The purchase…
Sonoco Reduces Pension Obligation By ~$1.4B With Purchase Of Group Annuity Contracts, Distribution Of Lump-Sum Payments
Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced the purchase of group annuity contracts from Athene Holding Ltd. (“Athene”) (NYSE:ATH), a leading financial
Citigroup Maintains Neutral on Athene Holding, Raises Price Target to $66
Citigroup analyst Suneet Kamath maintains Athene Holding (NYSE:ATH) with a Neutral and raises the price target from $54 to $66.
Earnings Scheduled For May 7, 2021
Companies Reporting Before The Bell
• Cronos Group (NASDAQ:CRON) is likely to report earnings for its first quarter.
Overview Of Value Stocks In The Financial Services Sector
The Meaning Behind Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.