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ESND - Essendant Inc News Story

$12.8 0.0  0.0%

Last Trade - 30/01/19

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £3.82bn
Position in Universe th / 6366

BUZZ-Caesars Entertainment, Conn's rise; both set to join S&P

Wed 30th January, 2019 4:28pm
** Caesars Entertainment  CZR.O  and Conn's Inc  CONN.O 
gain on news they will join S&P on Feb 4 before markets open
 urn:newsml:reuters.com:*:nPn65Dx0Wa
    ** CZR up 5 pct at $9.05 and among most actively traded with
volume of ~33 mln shares. Casino operator will replace Dril-Quip
 DRQ.N  in S&P Midcap 400 index  .IDX 
    ** CONN up ~13 pct at $21.40 and on track for best day in 8
mths. Electronics and furniture retailer to join S&P SmallCap
600 index  .SPCY , replacing Electro Scientific Industries Inc
 ESIO.O 
    ** ESIO being acquired by MKS Instruments  MKSI.O  in deal
expected to close on Feb 1 pending final approvals  urn:newsml:reuters.com:*:nL3N1XA503
 urn:newsml:reuters.com:*:nASB0134F
    ** CZR extends YTD gain to 33 pct. Stock jumped 9 pct on Jan
11 on report billionaire investor Carl Icahn is building a stake
 urn:newsml:reuters.com:*:nL3N1ZB3XO 
    ** CONN now up ~13 pct in 2019 following 47 pct decline last
year
    ** S&P also says when Walt Disney  DIS.N  completes its $71
bln deal to acquire media assets of Twenty-First Century Fox
 FOXA.O , "new" Fox will be considered the 21CF surviving entity
for index purposes and will stay in S&P 500  urn:newsml:reuters.com:*:nL4N1UF4G1
    

 ((lance.tupper.tr.com@reuters.net
lance.tupper@tr.com 646-223-5017))
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