Business


Investors Reviewing Stock: CBL & Associates Properties, Inc.'s (CBL)

Brookfield Asset Management Inc decreased Enterprise Prods Partners L (NYSE:EPD) stake by 2.09M shares to 4.18 million valued at $113.05M in 2016Q4. If the market is performing well and the stock is over-valued, CBL might be a good investment at this point but if the market is dropping down, you might not consider buying the stock.



The Eclipse Resources Corporation (ECR) Position Lowered by Omega Advisors Inc

About 341,448 shares traded. The company's net profit margin stands at 18.00% whereas its return on equity (ROE) is -36.60%. It has underperformed by 46.23% the S&P500. California Resources Corp (NYSE:CRC) shares moved to $11.73 after opening the day at $12.75, on Wednesday. Eclipse Resources Corp (NYSE:ECR) last announced its quarterly earnings results on Tuesday, February 28th.


JPMorgan leaves blockchain consortium

JPMorgan leaves blockchain consortium

JP Morgan has announced it is leaving the R3 blockchain consortium, making it the latest in a string of high profile organisations, including Goldman Sachs, to cut their ties with the initiative. JP Morgan's departure is part of an exodus - as it follows in the footsteps of Goldman Sachs, Santander, Morgan Stanley and National Australia Bank (NAB) - who all chose to abandon R3 and pursue their own blockchain interests.


HUDCO sets price range for up to $191 mln IPO

HUDCO sets price range for up to $191 mln IPO

HUDCO had received approval from capital markets regulator SEBI for the IPO in March after filing draft red herring prospectus in December 2016. There will be no anchor allotment for this issue. In the fiscal 2017, the government had set a Rs 45,500-crore target from divestment but failed to meet the same. Of the total, it aims to garner '46,500 crore from minority stake sales through new listings as well as already listed firms, '15,000 crore from strategic sales and '11,000 crore through ...


Sheriff reports Cook County Jail detainees attack officers

Sheriff reports Cook County Jail detainees attack officers

On Wednesday at 8:30pm two correction officers entered a communal cafeteria in Cook County Jail's Division 9 super maximum facility in Chicago, Illinois, when they were set upon. 20, has been in Cook County Jail since 2014 for attempted murder. He allegedly shot a 6-year old-girl while she rode her bike in the Roseland neighborhood.