AT&T Inc: Director Geoffrey Y. Yang Bought 27,129 Shares
Director Geoffrey Y. Yang bought 27,129 shares of AT&T on Oct. 25 at the average price of $36.91. The price of the stock has decreased by 1.08% since.
AT&T is an American multinational telecommunications conglomerate that is the second largest provider of mobile telephone services and the largest provider of fixed telephone services in the U.S. and also provides broadband subscription television services through DirecTV. The company is headquartered at Whitacre Tower in downtown Dallas, Texas. AT&T has a market cap of $224.61 billion, and as of Oct. 28 the company traded at $36.51.
On Oct. 22, AT&T Inc. and Time Warner Inc. announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal combines Time Warner's vast library of content and ability to create new premium content that connects with audiences around the world, with AT&T's extensive customer relationships, world’s largest pay TV subscriber base and leading scale in TV, mobile and broadband distribution.
International Business Machines Corp: Director David N. Farr Bought 1,300 Shares
Director David N. Farr bought 1,300 shares of IBM stock on Oct. 25 at the average price of $149.93. The price of the stock has increased by 1.79% since.
IBM Corp. is an American multinational technology company that is headquartered in Armonk, New York, with operations in over 170 countries. IBM manufactures and markets computer hardware and software, and offers hosting and consulting services in areas ranging from mainframe computers to nanotechnology. The company has a market cap of market cap of $150.31 billion. As of Oct. 28, the company traded at $152.61.
As of Oct. 28, IBM has added another service to its growing cloud product suite with the acquisition of privately held Sanovi Technologies, based in India. Financial terms of the deal were not disclosed.
Senior Vice President John E. Kelly III sold 2,809 shares of IBM stock on Oct. 27 at the average price of $152.28. The price of the stock has increased by 0.22% since.
Senior Vice President Kralingen Bridget A. Van sold 665 shares of IBM stock on Oct. 25 at the average price of $150.80. The price of the stock has increased by 1.2% since.
Senior Vice President Kralingen Bridget A. Van sold 330 shares of IBM stock on Oct. 20 at the average price of $152.05. The price of the stock has increased by 0.37% since.
Kinder Morgan Inc: Director Fayez Sarofim Bought 700,000 Shares
Director Fayez Sarofim bought 700,000 shares of Kinder Morgen on Oct. 24 at the average price of $21.41. The price of the stock has decreased by 4.58% since.
Kinder Morgan Inc. is the largest energy infrastructure company in North America specializing in owning and controlling oil and gas pipelines and terminals. Kinder Morgan Inc. has a market cap of $ 45.61 billion. As of Oct. 28, the company traded at $20.43.
On Oct. 28, according to the Justice Department, Fayez Sarofim has agreed to pay a $720,000 civil penalty for failing to report the purchase of voting securities of Kinder Morgan and Kemper Corporation to antitrust enforcers.
Kimberly-Clark Corp: Director Robert W. Decherd Bought 2,000 Shares
Director Robert W. Decherd bought 2,000 shares of Kimberly-Clark on Oct. 27 at the average price of $113.59. The price of the stock has increased by 0.85% since.
Kimberly-Clark Corp. is an American multinational personal care corporation that produces mostly paper-based consumer products. Some brand name products of this company include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, and Wypall utility wipes. The company has a market cap of $41.03 billion, and as of Oct. 28 it traded at $114.55.
Kimberly-Clark and Imaflex Inc. have been given the "Deal of Distinction Award" in the Chemicals, Energy, Environment & Materials Sector from the Licensing Executives Society at the LES 2016 annual meeting in Vancouver. The LES awards are presented annually to promote creative and innovative solutions and recognize the most exceptional IP business deals in four industry sectors.
For the complete list of stocks bought by company CEOs, go to: CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
