Business

Sears closing 72 stores, including some in Oklahoma

Sears closing 72 stores, including some in Oklahoma

Business Insider says most of the stores will close in September. The store relocated once to a new building within the city until it merged with the Edgewater Mall location in 1977. However, Sears' problems started a long time before the growth of online shopping. More than 20 years ago, it began to suffer from competition from low-price competitors such as Walmart, and big-box stores such as Home Depot.



FBR & Co Lowers Tegna Inc (TGNA) to Market Perform

Tegna Inc had 22 analyst reports since August 4, 2015 according to SRatingsIntel. Barrington Research reaffirmed an "outperform" rating and set a $36.00 target price (up previously from $28.00) on shares of Tegna in a research note on Tuesday, March 7th.



(NYSE:MRK) announced the first presentation of findings

Grandfield Dodd has invested 2.65% of its portfolio in Merck & Co., Inc. The Sectoral Asset Management Inc holds 973,832 shares with $57.33 million value, up from 925,170 last quarter. now owns 3,489 shares of the company's stock valued at $222,000 after buying an additional 39 shares during the period. Investors of record on Thursday, June 15th will be issued a dividend of $0.47 per share.



Needelman Asset Management Inc. Sells 30 Shares of Chevron Co. (CVX)

The oil and gas company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.56. It has underperformed by 31.85% the S&P500. LifePoint Health, Inc., through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities.



Losing Traction in Session: HD Supply Holdings, Inc. (NASDAQ:HDS)

In comparing the current level to recent highs and lows, the stock is -22.22% from the 50-Day High and -14.11% off the 50-day low. The company reported an impressive total revenue of 7.44 Billion in the last fiscal year. In related news, SVP Margaret Newman sold 9,160 shares of the business's stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of $42.60, for a total transaction of $715,041.00.


Watch List: Fifth Third Bncp (NASDAQ:FITB)

Watch List: Fifth Third Bncp (NASDAQ:FITB)

Cwm Limited Liability Company, Nebraska-based fund reported 4,567 shares. Following the completion of the transaction, the chief accounting officer now directly owns 41,286 shares of the company's stock, valued at approximately $1,028,021.40.