On Thursday, Shares of General Electric Company (NYSE:GE), gained 0.74% to $27.41.
Arc Logistics Partners LP (ARCX) through a joint venture arrangement with GE Energy Financial Services, a unit of General Electric Company (GE), has accomplished its acquisition of all of the membership interests of Joliet Bulk, Barge & Rail LLC from CenterPoint Properties Trust for $216 million. JBBR’s principal assets comprise of a crude oil unloading terminal and a 4-mile crude oil pipeline. The Partnership’s joint venture company will also make certain throughput based earn-out payments to CenterPoint, which earn-out shall terminate upon the payment, in the aggregate, of $27 million.
The acquisition follows confirmation from the Joliet Terminal’s major customer that the terminal has become commercially operable. The Joliet Terminal is capable of unloading about 85,000 barrels of crude oil per day, has about 300,000 barrels of onsite storage, and connects to a common carrier crude oil pipeline through the terminal’s 4-mile pipeline.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Macy’s, Inc. (NYSE:M), declined -0.80% to $63.22, during its last trading session.
Macy’s, stated earnings of 56 cents per diluted share for the first quarter of 2015, the 13-week period ended May 2, 2015, contrast with earnings of 60 cents per diluted share in the first quarter of 2014. The company also declared a 15 percent enhance in its dividend on common stock and a $1.5 billion enhance in its share repurchase authorization.
Sales
Sales in the first quarter of 2015 totaled $6.232 billion, a decrease of 0.7 percent, contrast with sales of $6.279 billion in the same period last year. Comparable sales on an owned plus licensed basis were down by 0.1 percent in the first quarter. On an owned basis, first quarter comparable sales declined by 0.7 percent.
Since February 1, 2015, four new Bluemercury stores have opened.
Macy’s, Inc., together with its auxiliaries, operates stores and Internet Websites in the United States. Its stores and Websites sell a range of merchandise, counting apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods.
At the end of Thursday’s trade, Shares of Groupon, Inc. (NASDAQ:GRPN), lost -1.78% to $6.61.
Groupon, declared that Eric Lefkofsky, Chief Executive Officer, will present at the J.P. Morgan 43rd Annual Technology, Media and Telecom Conference in Boston on Wednesday, May 20 at 11:20 a.m. EDT.
Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount worldwide. It also offers deals on products for which it acts as the merchant of record.
Finally, JetBlue Airways Corporation (NASDAQ:JBLU), ended its last trade with 0.28% gain, and closed at $21.48.
New York-based, JetBlue Airways Corporation, was awarded the highest honor in customer satisfaction among low-cost carriers in the J.D. Power 2015 North America Airline Satisfaction Study. JetBlue’s score climbed to 801 on a 1,000-point scale, the first airline to ever surpass 800 points within the segment, bringing JetBlue its 11th successive J.D. Power recognition.
The recognition comes as JetBlue has been advancing the customer experience across the airline, counting the introduction of its new Mint premium experience, iPad Minis for all inflight crew, Apple Pay capability on board, automatic check-in unlimited online streaming video from Amazon Prime, free Fly-Fi broadband Internet, a new JetBlue for Apple Watch app, and a refreshed cabin with larger television screens with free entertainment and new seats designed to maximize comfort.
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.
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