Why Descartes Systems Group Inc. (USA) (DSGX), AmeriGas Partners LP (APU), and Three Other Stocks Are in Spotlight Today

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Royal Bank of Scotland Group PLC (NYSE:RBS) stock has declined by some 3.90% as the bank was barred by the US government in a rare warning. The banking company has been prohibited from managing 401(k) plans and other retirement funds, in response to its foreign exchange collusion and interest rate manipulation activities. The company had requested for a waiver, but the request was declined by the Labor Department. Nine investors tracked by us have positions in Royal Bank of Scotland Group as of the end of June, down by one over the quarter.

Follow Natwest Group Plc (NYSE:NWG)

PICO Holdings Inc. (NASDAQ:PICO) has surged by nearly 9% after the company announced the conclusion of the Synthonics investigation, which reviewed its investment in Synthonics Inc. The investigation found out that the Audit Committee was provided with required material information before its investment in Synthonics in 2010. PICO Holdings also announced the termination of John R. Hart as the CEO of PICO Holdings and Vidler Water Company. The company’s CFO and Treasurer Maxim C.W. Webb has been appointed as the new CEO. Eight hedge funds we track hold about $44 million of PICO Holdings stock as of the end of June, compared to nine funds and $40 million, respectively, a quarter earlier.

Follow Vidler Water Resources Inc. (NASDAQ:VWTR)

Imperva Inc. (NYSE:IMPV) has inched down amid reports of a potential takeover. According to Bloomberg citing people familiar with the matter, Silver Lake Management and Thoma Bravo are planning to announce their bids, while tech giants Cisco Systems and International Business Machines are also interested to acquire the company as it was rumored back in September. The stock surged yesterday, when the news emerged, but today it is 1.70% in the red. A total of 21 funds tracked by us amassed about $243 million worth of Imperva stock at the end of June, versus 15 funds with stakes worth $97 million a quarter earlier.

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Disclosure: none

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