German prosecutorssearched the offices of a law firm Volkswagen Group hired to conduct an internal investigation into its emissions scandal, drawing the automaker’s condemnation Thursday.
With questions lingering about whether certain top executives were responsible for the scandal, Munich prosecutors foraged through the offices of law firm Jones Day on Wednesday. They also searched German facilities of VW luxury brand Audi.
The Jones Day search was unacceptable in every respect, VW said Thursday in a statement.
The automaker called the action a clear breach of the principles of the rule of law in Germany and threatened to take all action at our disposal against these proceedings.
A Jones Day spokesperson did not immediately respond to a request seeking comment.
Best High Tech Stocks To Own Right Now: J.B. Hunt Transport Services Inc.(JBHT)
Advisors’ Opinion:
- [By Lisa Levin]
Here is the list of stocks going ex-dividend on August 3, 2016.
J B Hunt Transport Services Inc (NASDAQ: JBHT) – $0.2200 dividend, 1.0791 percent yield
Johnson Controls Inc (NYSE: JCI) – $0.2900 dividend, 2.6250 percent yield
FirstEnergy Corp. (NYSE: FE) – $0.3600 dividend, 3.9680 percent yield
Sunoco LP (NYSE: SUN) – $0.8255 dividend, 10.7347 percent yield
Wells Fargo & Co (NYSE: WFC) – $0.3800 dividend, 3.1588 percent yield
BP plc (ADR) (NYSE: BP) – $0.6000 dividend, 6.8768 percent yield
American Airlines Group Inc (NASDAQ: AAL) – $0.1000 dividend, 1.1442 percent yield
Heidrick & Struggles International, Inc. (NASDAQ: HSII) – $0.1300 dividend, 2.9834 percent yield
Alcoa Inc (NYSE: AA) – $0.0300 dividend, 1.1321 percent yield
Sensient Technologies Corporation (NYSE: SXT) – $0.2700 dividend, 1.5341 percent yield
Posted-In: Ex-DividendNews Dividends Markets Trading Ideas
Best High Tech Stocks To Own Right Now: Diana Shipping inc.(DSX)
Advisors’ Opinion:
- [By Rich Smith]
Shares of dry bulk ocean shipper Diana Shipping (NYSE:DSX) surged 37% in the first month of the new year, rising from $3.02 at the start of January to end at $4.14 at its close. As the calendar moves into February, however, Diana’s shares are moving into reverse — down more than 2% since the month began.
- [By Jim Robertson]
On Thursday, our Under the Radar Moversnewsletter suggested small cap dry bulk shippingDiana Shipping Inc (NYSE: DSX) as a short/bearish position:
- [By Lisa Levin]
Diana Shipping Inc. (NYSE: DSX) was down, falling around 11 percent to $4.56. Diana Shipping reported an offering of $70 million in common shares.
Commodities
- [By Dan Caplinger]
The stock market had a negative tone on Wednesday, although major benchmarks moved in different directions. The Dow Jones Industrials took the biggest hit, falling triple digits as one of its most influential components suffered an earnings-related drop. Relative strength in the Nasdaq Composite showed cross-currents in the overall market, but several individual stocks had substantial declines for the day, andRite Aid (NYSE:RAD), Diana Shipping (NYSE:DSX), and Finisar (NASDAQ:FNSR) were among the worst performers. Below, we’ll look more closely at these stocks to tell you why they did so poorly.
- [By Dan Caplinger]
Despite a lack of conviction in the market at large, some stocks posted sharp gains on Friday, and Diana Shipping (NYSE:DSX), Akorn (NASDAQ:AKRX), and Granite Construction (NYSE:GVA) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
- [By Lisa Levin]
Diana Shipping Inc. (NYSE: DSX) shares were also up, gaining 12 percent to $5.91. JP Morgan upgraded Diana Shipping from Neutral to Overweight.
Equities Trading DOWN
Best High Tech Stocks To Own Right Now: Westlake Chemical Corporation(WLK)
Advisors’ Opinion:
- [By Zacks]
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Zacks Investment Research - [By Monica Gerson] Related SAIC Q4 Earnings Conference Call: Full Transcript 7 Stocks You Should Be Watching Today Notable earnings before Monday's open (Seeking Alpha)
Related WLK Benzinga's Weekend M&A Chatter Mid-Afternoon Market Update: Dow Falls Over 150 Points; Crude Oil Down 2.5% Westlake Chemical (WLK) CEO Albert Chao to Acquire Axiall Corporation – Earnings Call Transcript (Seeking Alpha)Some of the stocks that may grab investor focus today are:
