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Friday, September 19, 2014

Market Chatter- Corporate finance press digest - Sept 19, (NYSE: GNC), (NYSE: TRP), (NYSE: VSI)

The following corporate finance-related stories were reported by media: * Canada, which has seen a fair share of U.S. activist investors cross the border in the last years, may soon have more of them knocking on its door. Calgary-based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.* A handful of large shareholders are calling on nutritional supplement retailer Vitamin Shoppe Inc to consider a sale to private equity or larger rival GNC Holdings Inc, according to people familiar with the matter.

GNC Holdings, Inc. (GNC) is a holding company. The Company is a global specialty retailer of health and wellness products. Shares of GNC traded higher by 4.86% or $1.9/share to $41.02. In the past year, the shares have traded as low as $30.84 and as high as $60.98. On average, 2395430 shares of GNC exchange hands on a given day and today's volume is recorded at 6090544.

TransCanada Corporation (TransCanada) is a North American energy infrastructure company focused on natural gas pipelines, oil pipelines and energy. Shares of TRP traded higher by 3.76% or $2.01/share to $55.52. In the past year, the shares have traded as low as $42.21 and as high as $57.10. On average, 1105500 shares of TRP exchange hands on a given day and today's volume is recorded at 9426255.

Vitamin Shoppe, Inc. is a specialty retailer and direct marketer of vitamins, minerals, herbs, specialty supplements, sports nutrition and other health and wellness products. Shares of VSI traded higher by 4.82% or $2.09/share to $45.44. In the past year, the shares have traded as low as $36.90 and as high as $55.20. On average, 577867 shares of VSI exchange hands on a given day and today's volume is recorded at 2618977.



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