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Stock Preachers News Commentary - Large caps closed out last week within sight of fresh records while the broader market showed cracks beneath the surface. The S&P 500 gained 1.15% on the week to 7,811.54, just shy of its 52-week high of 7,844.52, and the Nasdaq Composite added 0.64% to 27,366.17. The Russell 2000 told a different story, falling 0.91% to 2,806.98. Corporate activity stayed brisk, with deals, defense contracts and legal notices crossing the wire even as investors weighed whether
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Sun Life Financial Inc. ("Sun Life") (TSX: SLF) (NYSE: SLF) has been notified that Ocehan LLC ("Ocehan") has made an unsolicited mini-tender offer to purchase up to 100,000 common shares of Sun Life at a price that is significantly lower than recent market prices for Sun Life common shares on Canadian and U.S. stock exchanges.
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1 gurus closed their SLF position in their latest 13F.