On Tuesday, Shares of Lifelock Inc (NYSE:LOCK), included 0.21 % and shut at $23.86 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $23.80 and $23.92. Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of LifeLock, Inc. (“LifeLock” or the “Company”) (LOCK) concerning the projected acquisition of the Company by Symantec Corporation (“Symantec”).
Under the terms of the offer, Symantec would acquire LifeLock in a transaction valued at about $2.3 billion. Following the deal, LifeLock stockholders will receive $24 in cash for each share owned.
Our investigation concerns whether the LifeLock board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own LifeLock shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Shares of Jack in the Box Inc. (NASDAQ:JACK), added 6.07 % and shut at $107.82 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $97.52and $108.06. The association’s commercial center capitalization is $3.52 Billion with the general uncommon loads of 32.41 million. Jack in the Box Inc. (JACK) recently stated earnings from continuing operations of $32.6 million, or $0.98 per diluted share, for the fourth quarter ended October 2, 2016, contrast with $23.8 million, or $0.65 per diluted share, for the fourth quarter of fiscal 2015. Fiscal 2016 earnings from continuing operations totaled $126.3 million, or $3.70 per diluted share, contrast with $112.6 million, or $2.95 per diluted share in fiscal 2015.
Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per share from continuing operations on a GAAP basis apart from restructuring charges and gains or losses from refranchising, were $1.03 in the fourth quarter of fiscal 2016 contrast with $0.62 in the prior year quarter. For fiscal year 2016, operating earnings per share were $3.86 contrast with $3.00 last year.