Canadian Pacific Railway Ltd is still open to a merger with one of the two bigger eastern U.S. carriers even after talks with CSX Corp (NYSE:CSX) failed, though a hostile bid is unlikely, Chief Executive Hunter Harrison said on Thursday. CSX Corp. (NYSE:CSX) in last trading activity increased 2.06% to close at $34.20. Company weekly performance is 4.88% while its quarterly performance stands at 10.43%. CSX Corp. (NYSE:CSX) is 0.32% away from its 52 week high. DryShips Inc. (NASDAQ:DRYS) and through its majority owned subsidiary, Ocean Rig UDW Inc. (“Ocean Rig”), of offshore deepwater drilling services, on Oct. 20 announced the following: Ocean Rig has agreed to provide DryShips with $120m of immediate liquidity through a short-term unsecured loan. The proceeds will be used, if needed, to repay its 5% Convertible Notes maturing on Dec. 1, 2014; Ocean Rig has declared its third consecutive quarterly cash dividend with respect to the quarter ended September 30, 2014, of $0.19 per common share, to shareholders of record as of October 31, 2014, and payable on or about November 11, 2014. On last trading day DryShips, Inc. (NASDAQ:DRYS) increased 9.90% to close at $2.11. Its volatility for the week is 13.94% while volatility for the month is 10.06%. DRYS's sales growth for past 5 years was 6.70% and its EPS growth for past 5 years was 41.00%. DryShips, Inc. (NASDAQ:DRYS) monthly performance is -26.22%. Caterpillar Inc. (NYSE:CAT) recently announced a quarterly dividend, which is scheduled for Thursday, November 20th. Investors of record on Monday, October 20th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.98%. The ex-dividend date is Thursday, October 16th. Caterpillar Inc. (NYSE:CAT) in last trading activity increased 1.98% to close at $95.89. Company weekly performance is 4.12% while its quarterly performance stands at -10.85%. Caterpillar Inc. (NYSE:CAT) is -13.18% away from its 52 week high.Merck & Co. Inc. (NYSE:MRK)’s CEO Kenneth C. Frazier sold 9,895 shares of the company’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $59.73, for a total value of $591,028.35. Merck & Co. Inc. (NYSE:MRK) in last trading activity increased 2.00% to close at $55.13. Company weekly performance is -2.13% while its quarterly performance stands at -4.44%. Merck & Co. Inc. (NYSE:MRK) is -9.59% away from its 52 week high. Pzena Investment Management Inc. (NYSE:PZN) on Tuesday reported net income of $2.1 million in its third quarter. On a per-share basis, the New York-based company said it had profit of 14 cents. Earnings, adjusted for pretax gains, came to 13 cents per share. The asset manager posted revenue of $29.6 million in the period. Pzena shares have fallen 15 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.01, an increase of 41 percent in the last 12 months. On Tuesday shares of Pzena Investment Management, Inc (NYSE:PZN) closed at $10.01. Company's sales growth for last 5 years was -1.10% and EPS growth for next 5 years is recorded as 19.00%.
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