How Should Daytraders Approach Sandridge Energy Inc.(NYSE:SD), Caterpillar Inc.(NYSE:CAT), and Exxon Mobile Corporation(NYSE:XOM)?
New York, NY – GDP INSIDER – 10/20/2014.
This article discusses three companies: Sandridge Energy Inc.(NYSE:SD), Caterpillar Inc.(NYSE:CAT), and Exxon Mobile Corporation(NYSE:XOM)
SandRidge Energy Inc.(NYSE:SD) declared its semi-annual preferred stock dividend of $3.50 per share on its 7.0% Convertible Perpetual Preferred Stock on Oct. 15th, 2014. Additionally, the company announced on the previous day that it will be reporting its third quarter shareholder update and financial results after the markets close on Nov. 5th, 2014. At 9AM EST on Nov. 6th, the company will also be hosting a conference call to discuss the financial results.
Caterpillar Inc.(NYSE:CAT) announced several changes to its leadership on Oct. 10th. Vice President Steve Gosselin, a 56-year-old with responsibility in the company’s Customer Service Support Division, has elected to retire on Feb. 1st, 2015. Additionally, George Taylor, a 53-year-old General Manager of the company’s On-Highway Truck Group, will take over for Gosselin effective Jan. 1st, 2015. Adding an individual that has handled on-the-ground issues related to customer service for the company may benefit the company’s future.
Exxon Mobile Corporation(NYSE:XOM) has notably seen its trading price from its closing price during each of the last five days. The company has opened at $91.32 on Oct. 13th, $91.62 on Oct. 14th, $88.99 on Oct. 15th, $88.58 on Oct. 16th, and $91.01 on Oct. 17th. At 12PM EST, the company’s trading price had risen: $91.77 on Oct. 13th, $91.74 on Oct. 14th, $89.53 on Oct. 15th, $90.29 on Oct. 16th, and $91.58 on Oct. 17th. This indicates that investors could benefit from buying shares of this stock when the markets open and subsequently selling them at that time.
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