South Jersey Industries Inc Stock News

FOLSOM, NJ, March 01, 2022 (GLOBE NEWSWIRE) --                                                                                                     �

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: TG

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of South Jersey Industries, Inc. (NYSE: SJI) (“SJI”) to Infrastructure Investments Fund. Under the terms of the proposed transaction, shareholders of SJI will receive only $36.00 in cash for each share of SJI that they own. KSF is seeking to determine whether this consideration and the process that led to it are

Upgrades According to 86 Research, the prior rating for NetEase Inc (NASDAQ:NTES) was changed from Hold to Buy. For the fourth quarter, NetEase had an EPS of $1.56, compared to year-ago quarter EPS o

The recent announcement to take South Jersey Industries private creates an arbitrage opportunity.

South Jersey Industries Inc. said Thursday it has entered an agreement to be taken private by the Infrastructure Investments Fund (IIF), a private vehicle, in a deal with an enterprise value of about

A buyout deal is in the works.

A buyout deal is in the works.

U.S. stocks pared some earlier losses toward the end trading, with the Nasdaq jumping 2% on Thursday. US President Biden, during his press briefing on Ukraine/Russia, said he has authorized additional US military deployments today after Russia’s President Vladimir Putin announced that the country’s armed forces would carry out a “special military operation” in Ukraine. The Dow traded down 0.66% to 32,912.79 while the NASDAQ rose 2% to 13,298.18. The S&P also rose, gaining, 0.35% to 4,240.12. Check out this: Insiders Buy More Than $170M Of 4 Stocks Leading and Lagging Sectors Communication services shares climbed by 0.9% on Thursday. Meanwhile, top gainers in the sector included Globalstar, Inc. (NYSE: GSAT ), up 17% and Tremor International Ltd (NASDAQ: TRMR ) up 13%. In trading on Thursday, financials shares dipped 3.4%. Top Headline Moderna, Inc. (NASDAQ: MRNA ) reported better-than-expected results for its fourth quarter and announces a new $3 billion buyback program. Moderna posted quarterly earnings of $11.29 per share, beating analysts’ estimates of $9.90 per share.

NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of South Jersey Industries, Inc. (NYSE: SJI) (“SJI”) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by The Infrastructure Investments Fund (“IIF”).

A buyout deal is in the works.

Gainers: Indonesia Energy Corporation INDO +65%.Camber Energy (CEI) +40%.South Jersey Industries SJI +40%.Post Holdings (POST) +34%.Lantheus Holdings LNTH +33%.Imperial…

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. Following the market opening Thursday, the Dow traded down 1.99% to 32,473.96 while the NASDAQ fell 1.34% to 12,862.96. The S&P also fell, dropping, 1.51% to 4,161.87. Check out this: Insiders Buy More Than $170M Of 4 Stocks Leading and Lagging Sectors Utilities shares slipped by just 0.4% on Thursday. Meanwhile, top gainers in the sector included South Jersey Industries, Inc. (NYSE: SJI ), up 40% and Sunnova Energy International Inc. (NYSE: NOVA ) up 3%. In trading on Thursday, financials shares dipped 3%. Top Headline Moderna, Inc. (NASDAQ: MRNA ) reported better-than-expected results for its fourth quarter and announces a new $3 billion buyback program. Moderna posted quarterly earnings of $11.29 per share, beating analysts’ estimates of $9.90 per share. The company’s quarterly sales came in at $7.20 billion, versus expectations of $6.79 billion.

Markets fell sharply as Russian troops attacked Ukraine.