Business


Jeff Immelt to retire as GE CEO, Flannery to succeed

The official changeover will come in 2018, when Immelt, 61, officially retires on December 31, 2017. His biggest critic is Trian Fund Management , an activist investment group led by Nelson Peltz, which has compiled a 2.3 percent stake in GE.



Valley National Bancorp (VLY) Position Cut by Sprucegrove Investment Management Ltd.

Finally, Cornerstone Capital Management Holdings LLC. increased its stake in shares of Valley National Bancorp by 284.8% in the first quarter. Ameritas Inv holds 0.06% or 98,086 shares. The ex-dividend date of this dividend was Wednesday, May 3rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.62%. Dimensional Fund Advsrs Ltd Partnership has invested 0.07% in Valley National Bancorp (NYSE:VLY).


Oil sinks to November lows on shock United States gasoline build

Oil sinks to November lows on shock United States gasoline build

OPEC's own compliance with the cuts has been questioned, and the producer group said in a report this week that its output rose by 336,000 barrels per day in May to 32.14 million barrels per day. local time. OPEC's pledge was to cut some 1.2 million bpd, while other producers including Russian Federation agreed to bring the total reduction to nearly 1.8 million bpd.


The ValuEngine Lowers JC Penney Company Inc (JCP) to Hold

The ValuEngine Lowers JC Penney Company Inc (JCP) to Hold

Investors purchased 31,393 call options on the company. Holding Company earned a news impact score of 0.23 on Alpha One's scale. World Asset Management Inc now owns 23,122 shares of the department store operator's stock worth $142,000 after buying an additional 153 shares during the last quarter.


Attorneys General from Maryland, DC to sue Trump over foreign payments

Attorneys General from Maryland, DC to sue Trump over foreign payments

According to him, they can not tolerate the president's ongoing Constitutional violations and his disregard for the rights of the Americal people. "It's unprecedented that the American people must question day after day if actions are taken to benefit the United States or to benefit Donald Trump ".



US Bancorp DE Reduces Position in Mondelez International, Inc. (MDLZ)

The Trust Co Of Vermont holds 115,038 shares with $5.10 million value, up from 107,240 last quarter. Many analysts are providing their Estimated Earnings analysis for Mondelez International, Inc. Delta Asset Management LLC TN now owns 14,588 shares of the company's stock worth $628,000 after buying an additional 78 shares during the period.