New York Times Cancels Three Upcoming Saudi Arabia Tours, Reimburses Guests
Sears Files Chapter 11 Bankruptcy, Shuts Down 142 Stores
Sears to close almost 150 more stores, files for bankruptcy
Saudi king calls Erdogan as Khashoggi fallout widens
Rally in equities push oil prices above $80 a barrel
Portland General Electric (NYSE:POR) Stock Rating Upgraded by Zacks Investment Research
12 January 2018, 10:52 | Joann Bryant
Boys Arnold & Co Inc sold 36,323 shares as General Electric Co (GE)'s stock declined 7.64%. This nets out to a decrease of 3.12 million shares and is another bearish sign for GE. Intellectus Partners LLC now owns 2,094 shares of the industrial products company's stock valued at $125,000 after buying an additional 7 shares during the last quarter. About 961,219 shares traded.
Shares of Emerson Electric Company (NYSE:EMR) opened at $72.43 on Friday.
George Kaiser Family Foundation increased its stake in Liberty Interactive Corporation Qvc Group Ser A (QVCA) by 29.89% based on its latest 2017Q3 regulatory filing with the SEC. Frontier Investment Mgmt Co. now owns 556,128 shares of the conglomerate's stock worth $15,021,000 after purchasing an additional 2,783 shares during the period.
Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated General Electric Company (NYSE:GE) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell. Globeflex Capital LP who had been investing in Reliance Steel & Aluminum Co for a number of months, seems to be less bullish one the $6.49B market cap company. The stock decreased 0.31% or $0.3 during the last trading session, reaching $97.19. About 144,344 shares traded. Reliance Steel & Aluminum Co. Cabot Corporation (NYSE:CBT) has risen 15.44% since January 10, 2017 and is uptrending. It has underperformed by 4.60% the S&P500.
Investors of record on Wednesday, December 27th will be given a dividend of $0.12 per share. Its down 0.14, from 1 in 2017Q2. It is positive, as 55 investors sold DRI shares while 169 reduced holdings. Regent Mgmt Limited Liability Company has invested 0.84% in General Electric Company (NYSE:GE). (NYSE:RS) for 38,703 shares. Mraz Amerine And Assocs invested 0.23% of its portfolio in Oaktree Capital Group, LLC (NYSE:OAK).
George Kaiser Family Foundation, which manages about $218.70 million US Long portfolio, decreased its stake in Bok Financial (NASDAQ:BOKF) by 140,978 shares to 2.00M shares, valued at $178.16 million in 2017Q3, according to the filing. (NYSE:CMI). Northwestern Mutual Wealth Management accumulated 19,073 shares. The New York-based Amalgamated Natl Bank has invested 0.03% in Reliance Steel & Aluminum Co. (NYSE:RS) for 9,201 shares. Boltwood invested in 68,992 shares or 1.08% of the stock. Moreover, Hancock Com has 0.58% invested in Reliance Steel & Aluminum Co. Wedge L Ltd Partnership Nc has 112,102 shares for 0.08% of their portfolio.
Analysts await Sysco Corporation (NYSE:SYY) to report earnings on February, 5. RS's profit will be $71.45M for 22.72 P/E if the $0.98 EPS becomes a reality. The firm's quarterly revenue was up 12.8% on a year-over-year basis. research analysts forecast that Emerson Electric Company will post 2.92 earnings per share for the current year. They expect $0.65 EPS, up 12.07% or $0.07 from last year's $0.58 per share. Finally, Intl Fcstone Inc. raised its holdings in shares of General Electric by 163.2% in the 2nd quarter.
Among 9 analysts covering Reliance Steel (NYSE:RS), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 46% are positive. Oaktree Capital Group had 26 analyst reports since July 30, 2015 according to SRatingsIntel. As per Friday, October 14, the company rating was maintained by UBS. The rating was downgraded by Vetr to "Hold" on Tuesday, September 22. The company has market cap of $14.00 billion. Stifel Nicolaus has "Buy" rating and $39.0 target. William Blair reiterated an outperform rating and set a $35.00 price target on shares of General Electric in a research report on Tuesday, December 6th. (NYSE:EMR) on Tuesday, October 17 to "Buy" rating. Bank of America raised shares of Emerson Electric from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $64.44 to $79.00 in a report on Tuesday, October 17th. Following the completion of the transaction, the chairman now owns 575,477 shares of the company's stock, valued at $10,513,964.79. The firm earned "Hold" rating on Thursday, January 4 by Tigress Financial.
Since August 8, 2017, it had 2 insider buys, and 1 sale for $4.48 million activity.
Since August 31, 2017, it had 0 insider purchases, and 2 sales for $616,887 activity. General Electric now has $160.95 billion valuation.
Investors sentiment decreased to 0.69 in 2017 Q3. Its up 0.09, from 1.01 in 2017Q2. It dropped, as 44 investors sold EMR shares while 444 reduced holdings. Butensky Cohen Security holds 74,883 shares. Wunderlich Capital Managemnt holds 1.22% or 34,670 shares in its portfolio. (NYSE:EMR) has gone stronger by 28.01%. Violich Capital Mngmt stated it has 7,351 shares. Sentry reported 0% in General Electric Company (NYSE:GE). (NYSE:EMR). Rosenbaum Jay D invested in 4,850 shares.
Heading into the stock price potential, Emerson Electric Co.by far traveled -3.21% after crossing its median price target of $70. Mason Street Advisors Ltd Company holds 0.04% or 30,887 shares in its portfolio. Mount Vernon Assocs Md accumulated 43,615 shares. Sarasin & Ptnrs Llp holds 24,435 shares or 0.01% of its portfolio. Whittier Trust Communications reported 0.07% stake. Maine-based Davis R M has invested 0.12% in General Electric Company (NYSE:GE). (NYSE:EMR). Ramsay Stattman Vela And Price Incorporated holds 2.16% or 81,457 shares. Cowen & Co upgraded Emerson Electric Co.
Among 19 analysts covering Sysco Corporation (NYSE:SYY), 10 have Buy rating, 1 Sell and 8 Hold. According to their predictions high & low revenue estimates are 36.96 Billion and 31.78 Billion respectively. As per Monday, July 17, the company rating was maintained by Oppenheimer.
Met Office alert - more strong gusting winds to hit Sussex
The storm has now moved to the North Sea and forecasters predict that winds are likely to slow as the day goes on (January 3). Storm Eleanor has brought chaos to Europe, after first hitting the United Kingdom with 100mph (160kmph) winds and heavy rain.
University of Texas' Andrew Jones diagnosed with leukemia
Concern regarding Jones' health first arose in late December when he returned from a fractured wrist but did not look himself. He has an older brother, Anthony Jackson, and his older sister, Alexis Jones, is a rookie guard on the Minnesota Lynx.
TRACKING: Flood Watch, Winter Storm Watch issued for region
As of Thursday afternoon, Skow said temperatures had already dropped to 16 degrees with a wind-chill reading of minus 4 degrees. The heavy rain that is expected Friday afternoon, coupled with melting snow , prompted a flood watch for southern New England.
Yearly Auto Sales Off Slightly in 2017
GM also published its December sales figures Wednesday, which showed total sales were 2% up on the same month in 2016. Both auto manufacturers' December sales beat analyst's forecasts and ended a disappointing year on a brighter note.
Teens risk their lives with laundry pods challenge
Besides YouTube , Instagram , Facebook and Twitter also have seen an increase in posts on the eating Tide Pods meme. Marc Pagan, 19, told CBS News he consumed a pod on a dare but knew the detergent was not meant to be eaten.