Business
Duke Realty Corp. (DRE) Upgraded at JPMorgan Chase & Co
Earlier the firm had a rating of Buy on the company shares. The 15 stock analysts who cover the stock have an average PT at $28.47, with individual targets in the range of $26 to $31. This represents a $1.98 annualized dividend and a dividend yield of 4.44%. Cohen & Steers Inc. boosted its stake in SL Green Realty Corp.by 2.3% in the second quarter.
Business
Existing home sales rise to their best level since the financial crisis
Existing homes in the United States sold at the fastest pace in almost 10 years in November, pointing to the sector's sustained strength, according to the monthly report released Wednesday. The median existing-home price for all housing types in November was $234,900, up 6.8% from $220,000 in November 2015. Existing home sales remain constrained by a persistent shortage of properties available for sale.
Business
Stock With Upside & Impressive Recent Growth: General Motors Company (NYSE:GM)
Union Bankshares Corp raised its position in Ford Motor by 7.8% in the second quarter. A number of other institutional investors also recently bought and sold shares of the stock. will post $1.82 earnings per share for the current year. The firm also recently declared a quarterly dividend, which was paid on Thursday, December 1st.
Business
General Mills (GIS) Releases Earnings Results, Misses Expectations By $-0.01 EPS
Barclays PLC reiterated an "equal weight" rating and issued a $66.00 target price on shares of General Mills in a research note on Friday, September 23rd. (NYSE:GIS) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Stockholders of record on Tuesday, January 10th will be given a dividend of $0.48 per share.
Business
Rite Aid, Walgreens to sell stores to Fred's Inc
In total, Rite Aid has about 4,500 locations (minus those just sold) to add to Walgreens' current count of 8,137 stores in the U.S. Operating more than 8,137 US stores, Walgreens is the nation's largest drug store chain. Pedestrians walk in front of a Rite Aid Corp. store in Los Angeles, California, U.S., on Tuesday, Sept. 20, 2016. Fred's Pharmacy will buy 850 Rite Aids to Fred's Inc .
Business
Obama Will Reportedly Get Creative to Ban Offshore Drilling in Federal Waters
In a parting gift to New Jersey's Shore-based tourism industry, the Obama administration announced Tuesday that it will indefinitely bar oil and gas drilling in 31 canyons beneath the Atlantic Ocean from the Chesapeake Bay up to New England, a move that could reduce a potential environmental and economic threat to New Jersey.