Points. Here are the big stories were watching today. Weyerhaeuser is buying plumb creek timber for 8. 4 billion in the total price tag. The combined company will keep the weyerhaeuser name and manage 13 million acres of timberland. You can see plumb creek timber up 17 in the premarket. The dubai air show is now open for business. The last show two years ago saw record breaking orders. Thats not the case this time. No major purchases yet announced. Some say this is raising the red flag about the longer term health of the business. And in other global news, lufthansa canceling more than 900 flights today due to a cabin crew strike. A union calling for a walkout in frankfurt, munich, dusseldorf. 900 flights canceled. We talked about it on friday, i dont remember a lot about it. I remember i had to say dusseldorf. I remember seeing that in the teleprompter and nailed it. Nailed it. So theres a five star hotel there. There might be but i wasnt there on vacation. You were you were not there
Capital International Sarl cut its position in shares of Baker Hughes (NASDAQ:BKR – Free Report) by 31.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,182 shares of the company’s stock after selling 54,208 shares during the period. Capital International Sarl’s […]
Capital Research Global Investors trimmed its position in shares of Baker Hughes (NASDAQ:BKR – Free Report) by 56.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,763,485 shares of the company’s stock after selling 35,438,228 shares during the quarter. Capital Research Global Investors’ holdings […]
Rafferty Asset Management LLC lifted its stake in shares of Baker Hughes (NASDAQ:BKR – Free Report) by 16.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 584,696 shares of the company’s stock after purchasing an additional 84,540 shares during the […]
Eagle Asset Management Inc. reduced its position in shares of Baker Hughes (NASDAQ:BKR – Free Report) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,819,321 shares of the company’s stock after selling 73,170 shares during the quarter. Baker Hughes comprises about […]