Stocks In News: Trinity Industries Inc (NYSE:TRN), Hawaiian Electric Industries, Inc. (NYSE:HE), Heartland Express, Inc. (NASDAQ:HTLD), Zoetis Inc (NYSE:ZTS)

Albany, New York (09/22/2014) – Trinity Industries Inc (NYSE:TRN) elected Antonio Carrillo to company’s Board of Directors. Now Trinity’s Board of Directors expands from 10 members to 11 members. Mr. Carrillo has served as CEO of Mexichem S.A.B. since 2012. It is one of the largest companies with annual revenues exceeding $5 billion. It imports its products in 31 countries and has services in more than 50 countries. Timothy R. Wallace, Chairman and the CEO of Trinity, said that it is a great pleasure to have Antonio Carrillo as a new member of Trinity’s Board. His experience with Mexichem and expertise and knowledge in the industry will add value to Trinity’s board.

Hawaiian Electric Industries, Inc. (NYSE:HE) announced that the new President and the CEO of the company, isAlan Oshima, effective October 1, 2014. Alan has more than 40 years of experience in energy, legal and community relations, and regulated utility in Hawaii. Alan has extensive experience in clean emery sector and a proven ability to work in collaboration for implementing change, Hawaiian wants to shift from the traditional utility model to an energy efficient, affordable services model, and Alan is the right leader to implement the change.

Heartland Express, Inc. (NASDAQ:HTLD) announced regular quarterly dividend of $0.02 per share. Heartland will pay a cash dividend on October 2, 2014 to its shareholders of record date September 18, 2014. Heartland will pay approximately $1.8 million on its 87.8 million shares of common stock. It will be the forty-fifth consecutive quarterly dividend of Heartland. As of now, it has paid around $448.7 million in cash dividends. It also includes three special dividends since the quarterly dividends plans were implemented in 2003.

Zoetis Inc (NYSE:ZTS) can be the potential target of Bayer AG as it has completed its unit sale and now wants to use the proceeds for an acquisition. The proposed deal is valued at more than $15.5 billion. If it happens, it could enhance Bayer’s 2015 profit by almost 6%. If Bayer pays a premium of 30% on Zoetis closing price as of September 17, and funds the deal with cash, the takeover price can be anywhere around $48 per share.

About the Author

Viraj Shah has done M.Com (Finance) and currently pursuing CFP. He is a technical analyst who tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in market.

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