Abbott Laboratories (ABT, Financial): Director Sally E. Blount bought 5,100 shares
Director Sally E. Blount bought 5,100 shares of Abbot Laboratories stock on Nov. 1 at the average price of $39.24. The price of the stock has decreased by 0.38% since.
Abbot Laboratories is an American based, international health care company. Some of its products include research-based drugs, medical devices, and nutritional products. The company has a market cap of $57.46 billion. As of Nov. 4, it traded at $39.09.
On Nov. 4, Abbott Laboratories sued Alere Inc. for breach of contract. Alere Inc. is a diagnostics company that Abbot Laboratories promised to merge with earlier this year. In the case, Abbott claims that Alere failed to turn over certain documents that Abbot wants to see before it can close their merger transaction.
BlackRock Inc. (BLK, Financial): Director William S. Demchak bought 1,200 shares
Director William S. Demchak bought 1,200 shares of BlackRock Inc. stock on Oct. 27 at the average price of $341.11. The price of the stock has increased by 1.37% since.
BlackRock Inc. is an American investment management corporation based in New York. BlackRock has $5.1 trillion in assets under management, making it the world’s largest investment management company. The company has a market cap of $56.8 billion. As of Nov. 4, it traded at $345.80.
On Nov. 2, a former BlackRock fund manager, Mark Lyttleton, pleaded guilty to two counts of insider trading. He admitted to using information gained from his position in the company to make personal trading.
Newell Brands Inc (NWL, Financial): President Mark Tarchetti bought 12,436 shares
President Mark Tarchetti bought 12,436 shares of Newell Brands Inc. stock on Oct. 31 at the average price of $48.15. The price of the stock has decreased by 1.27% since. CEO Michael B. Polk bought 4,000 shares of Newell Brands Inc. stock on Nov. 1 at the average price of $47.82. The price of the stock has decreased by 0.59% since.
Newell Brands Inc. is an American international marketer of consumer and commercial brands. Some the brands it has acquired include Rubbermaid, Contigo and Bubba, Coleman outdoor products, Diamond matches, Sharpie and PaperMate. The company has a market cap of $22.92 billion. As of Nov. 4, the company traded at $47.54.
At the end of 2015, Newell-Rubbermaid and Jarden announced a merger set to occur in the early months of 2016. The merger was under the name of Newell Brands. Amidst investor skepticism, the stock has gone up more than 18% this year.
Williams Companies Inc. (WMB, Financial): Director Stephen I. Chazen bought 5,000 shares
Director Stephen I. Chazen bought 5,000 shares of Williams Companies Inc. stock on Nov. 2 at the average price of $28.23. The price of the stock has increased by 1.31% since. Vice President and Controller Ted T. Timmermans sold 500 shares of Williams Companies Inc. stock on Nov. 3 at the average price of $28.32. The price of the stock has increased by 0.99% since.
Williams Companies Inc. is an American energy provider company based in Oklahoma. The company’s main source of revenue is from natural gas processing and transportation, but it also owns oil and electricity generation assets. Williams Companies Inc. has a market cap of $22.04 billion. As of Nov. 4, it traded at $28.60.
On Nov. 3, Williams Companies Inc. announced that it has finalized a new gas gathering contract with Total’s U.S. affiliates. The contract regards the properties in the Barnett Shale and succeeds the Chesapeake Energy’s assets in the area.
