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Versatile News at Street- World Wrestling Entertainment Inc. (NYSE:WWE), Regions Financial Corporation (NYSE:RF), Arthur J Gallagher & Co. (NYSE:AJG)

by Lucy Ryan
October 26, 2015
in Business News
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World Wrestling Entertainment Inc. (NYSE:WWE) rose 8.21% to closed at $20.82 on Friday as it reported that its Board Of Directors reported the Firm’s regular quarterly dividend of $0.12 per share for all Class A and B shares of ordinary stock. The record date for the dividend will be December 15, 2015, and the payment date will be December 28, 2015. The Firm showed a positive 1.30% in the net profit margin and in addition to its operating margin, which remained 2.60%.

Regions Financial Corporation (NYSE:RF)  surged 2.61% during the previous trading session after it reported the acquisition of BlackArch Partners, a private, middle-market mergers and acquisitions (M&A) advisory firm headquartered in Charlotte, N.C. Financial terms of the transaction are not revealed. “BlackArch Partners has an attractive growth profile and a strong reputation for excellence serving the middle market,” stated John Turner, head of the Regions Corporate Banking Group. “The addition of BlackArch Partners will allow Regions to build scale and capabilities within the M&A advisory services space to meet more client needs while also diversifying and increasing non-interest income.” The firm held price to earnings ratio of 12.95.

Arthur J Gallagher & Co. (NYSE:AJG) hit high price of $43.94 to close at $43.56 by are decreasing -0.05% with session volume was recorded 1.39 Million. Arthur J. Gallagher & Co. (AJG) reported the acquisition of Sigma II Insurance Agency in Independence, Ohio. Terms of the transaction were not revealed. Founded in 1988, Sigma II Insurance Agency (Sigma II) is an employee benefits consultant that offers a full range of employee benefits products and consulting services to their commercial and individual clients all through the Midwest. They provide group health, welfare and ancillary benefits, executive benefits and individual health insurance and specialize in the professional, manufacturing and service industries. Sophocles Sophocleous, Joseph Hiles and their colleagues will continue to operate from their greater Cleveland location under the direction of William Ziebell, head of Gallagher’s North Central employee benefit brokerage and consulting operations. As concerns of stock price volatility, it was 1.49% for a week and 1.48% for a month.

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Lucy Ryan

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