MGM Resorts International (NYSE:MGM) will return as the presenting sponsor of the 33rd Annual Dr. Martin Luther King, Jr. Parade to be held on Monday, Jan. 19 at 10 a.m. in downtown Las Vegas. On Monday shares of MGM Resorts International (NYSE:MGM) closed at $20.22. Company’s sales growth for last 5 years was 6.40% and EPS growth for next 5 years is recorded as 12.50%.
Despite the recovery of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) stock, huge damage has been done to the Brazilian debt market, in particular the $197 billion bond market. This year has been considered as the worst possible start in over 14 years for the Brazilian debt market. On an average, the companies that had issued debt have lost around 1.3% since the start of this year. According to data compiled by JPMorgan & Chase Co., the decline is considered to be four times the average decline in the emerging markets. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) in last trading activity decreased -7.40% to close at $6.63. Company weekly performance is 5.91% while its quarterly performance stands at -59.94%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) is -70.05% away from its 52 week high.
On Jauary 5, Hudson Pacific Properties Inc. (NYSE:HPP) has agreed to sell its 224,000 square foot First Financial office property in Encino to real estate investment trust Douglas Emmett Inc. for $89 million. On last trading day Hudson Pacific Properties, Inc. (NYSE:HPP) increased 1.44% to close at $32.51. Its volatility for the week is 1.88% while volatility for the month is 1.79%. HPP’s sales growth for past 5 years was 34.30% and its EPS growth for past 5 years was -12.70%. Hudson Pacific Properties, Inc. (NYSE:HPP) monthly performance is 12.76%.
Yelp, Inc. (NYSE:YELP) SVP Laurence Wilson sold 1,250 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $53.52, for a total value of $66,900.00. Following the completion of the transaction, the senior vice president now directly owns 20,000 shares of the company’s stock, valued at approximately $1,070,400. On Monday shares of Yelp, Inc. (NYSE:YELP) closed at $54.02. Company’s sales growth for last 5 years was 80.70% and EPS growth for next 5 years is recorded as 50.60%.
A union official for General Electric Company (NYSE:GE) workers expressed concern that cuts to health benefits for management and salaried employees will be proposed to union members in contract negotiations this summer. “Everything they do to management and (salaried employees) in contracts, they have tried to do to the unions in the renewed contracts,” Ric Casilli, business agent at IUE/CWA Local 201 and a member of the national GE union contract negotiation committee, said last week. “Everybody knows they are coming to the table to do the same to us.” General Electric Company (NYSE:GE) in last trading activity fell -0.21% to close at $23.98. Company weekly performance is -2.52% while its quarterly performance stands at -0.25%. General Electric Company (NYSE:GE) is -10.69% away from its 52 week high.