Royal Bank of Canada to Convert HSBC Bank Canada Properties into RBC Locations
Royal Bank of Canada is set to convert HSBC Bank Canada properties into RBC locations immediately after finalizing the $13.5-billion acquisition deal on March 28. The branches and offices will be reopened as RBC locations on April 1. HSBC customers will have their products, services, and balances automatically transferred to similar offerings and accounts at RBC, with new credit cards to be issued in March.
Atkore Receives Mixed Ratings from Analysts and Insider Stock Sales
Atkore (NYSE:ATKR) receives ‘outperform’ rating from Royal Bank of Canada, with stock analysts setting a price objective of $187.00. StockNews.com downgrades Atkore from ‘buy’ to ‘hold’. Atkore’s stock performance shows a 1 year low of $116.14 and a 1 year high of $189.39. Latest quarterly earnings data reveals $4.12 EPS, with a return on equity of 46.79% and a net margin of 18.80%. Insiders, including VP Leangela W. Lowe and Insider John W. Pregenzer, have recently sold shares of the firm’s stock.
Insider Trading and Institutional Activity Surrounding Dell Stock in Q4 2023
Insiders, hedge funds, and politicians have been actively trading Dell stock (NYSE:DELL) in the fourth quarter of 2023. Congress members, company insiders, and institutions have made intriguing moves, including significant transactions by DODGE & COX and MICHAEL & SUSAN DELL FOUNDATION. These findings shed light on potential shifts in market sentiment and investment strategies, providing valuable insights into stock trading dynamics and market players’ involvement.