On Wednesday, Shares of Barclays PLC (ADR)(NYSE:BCS), subtract 2.26% and closed at $8.22 in the last trading session. The last trading range of the stock ranges between $8.20 and $.38. The company’s Market capitalization is $34.79 Billion with the total Outstanding Shares of 16.91 billion. During the 52-week trading session the minimum price at which share price traded, registered at $6.76 and reached to max level of $15.81. Barclays Bank PLC (“Barclays”) declared recently that the iPath® MSCI India IndexSM Exchange-Traded Notes (the “ETNs”) have been determined to be subject to certain regulations and recent circulars issued by the Securities and Exchange Board of India (“SEBI”) regardingoffshore derivative instruments linked to Indian equity securities. These regulations and circulars include requirements that cannot be complied with in the context of the ETNs. As a result, SEBI has advised Barclays not to issue additional ETNs and that the positions being held in the ETNs may only continue until December 31, 2020.
Barclays formerly restricted further sales from inventory and further issuances of the ETNs in 2009. Barclays is presently considering steps to comply with the SEBI decision by December 31, 2020 and will make a further declarement in due course. These steps may result in the ETNs ceasing to be listed and publicly traded.
This declarement may cause fluctuations in the price of the ETNs in the secondary market, and it is possible that the market price of the ETNs may at any time reflect a premium or a discount to the daily redemption value of the ETNs. Shareholders should exercise extreme caution before purchasing or selling ETNs at a time when market prices are volatile or when a premium or discount to the daily redemption value exists.
Fastenal Company (NASDAQ:FAST), dropped -2.25% and closed at $39.06 in the last trading session. The last trading range of the stock ranges between $39.02 and $39.85. The company’s Market capitalization is $10.71 Billion with the total Outstanding Shares of 289.02 million. During the 52-week trading session the minimum price at which share price traded, registered at $35.10 and reached to max level of $49.99. Fastenal Company of Winona, MN (FAST) stated the results of the quarter ended September 30, 2016. Except for per share information, or as otherwise noted below, dollar amounts are stated in thousands.
Fastenal is a growth-focused organization and we constantly strive to make investments into the growth drivers of our business. These investments typically center on people. By adding more people over time, we add to our ability to interact with and to serve our customers from our local store and to back them up in some type of support role. In recent years this investment has also centered on more industrial vending devices to serve our customers’ needs on a 24 hours a day, 7 days a week basis.
Caterpillar Inc. (NYSE:CAT), gained 0.13% and closed at $87.58 in the last trading session. The last trading range of the stock ranges between $87.02 and $87.75. During the 52-week trading session the minimum price at which share price traded, registered at $56.36 and reached to max level of $89.87. The Board of Directors of Caterpillar Inc. (CAT) voted recently to maintain the quarterly cash dividend of seventy-seven cents ($0.77) per share of common stock, payable November 19, 2016, to stockholders of record at the close of business on October 24, 2016.
“I am proud that we are once again maintaining Caterpillar’s dividend, which extends our track record of paying higher annual dividends to shareholders for 23 successive years,” said Caterpillar Chairman and CEO Doug Oberhelman. “Our balance sheet remains strong, we’ve taken action to improve our cost structure, and we’re continuing to invest in our products to assist improve growth and our competitive position over the long term. We are executing on these elements of our strategy while rewarding our shareholders, even in down cycles, because it’s a priority.”