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Begins Research on VFC Inc.

Publication: M2 Presswire
Publication Date: 17-FEB-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-17 February 2006-www.streetinvesting.com: Begins Research on VFC Inc.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:17022006

Streetinvesting.com has placed a new level of importance upon researching VFC Inc.(TSX:VFC) after share prices exploded this Thursday, rising over 36%. This spectacular rise in shareholder value came hand in hand with an impressive, well above average trading volume of 3,044,900. Investor sentiment was further boosted that day as the share price reached a day high of $19.40 and closed at $19.30. This marked the setting of a new 52-week high for the Company, significantly surpassing the previous 52 week high of $14.91. That morning, TD Bank Financial Group announced that it had offered to acquire VFC Inc. in a $326-million proposal. Pending the release of this news, a halt was placed on trading of the stock at 9:04am EST by market...

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