Its fifth straight day of gains and its longest win streak of the year. All three of those major barometers are now out of socalled correction territory meaning theyre now less than 10 off their most recent highs. One of the reasons for the blue chip surge was General Electric. The widely held Company Found in and retirementds plan offerings has a new big investor. Triand fund manager run by the activist investor nelson peltz has accumulated a 2. 5 billion stake in ge becoming one of the conglomerates largest shareholders. The fund says ge shares are undervalued. And just look at the stocks performance over the past decade. Shares of ge down about 20 . The s p 500 has gained a little more than 60 . Today shares of ge rose more than 5 on word of that trian stake. Harry thompson has more on this big investment by a very big and influential investor. Reporter in a first for General Electric the 1 123yearold company is targeted by an activist investor in the midst of ceo jeff immelts major
And the s p 500 added 35 points. Its fifth straight day of gains and its longest win streak of the year. All three of those major barometers are now out of socalled correction territory meaning theyre now less than 10 off their most recent highs. One of the reasons for the blue chip surge was General Electric. The widely held Company Found in many mutual funds and Retirement Plan offerings has a new big investor. Triand fund manager run by the activist investor nelson peltz has accumulated a 2. 5 billion stake in ge becoming one of the conglomerates largest shareholders. The fund says ge shares are undervalued. And just look at the stocks performance over the past decade. Shares of ge down about 20 . The s p 500 has gained a little more than 60 . Today shares of ge rose more than 5 on word of that trian stake. Harry thompson has more on this big investment by a very big and influential investor. Reporter in a first for General Electric the 1 123yearold company is targeted by an activis
The nasdaq was up 73. And the s p 500 added 35 points. Its fifth straight day of gains and its longest win streak of the year. All three of those major barometers are now out of socalled correction territory meaning theyre now less than 10 off their most recent highs. One of the reasons for the blue chip surge was General Electric. The widely held Company Found in many mutual funds and Retirement Plan offerings has a new big investor. Triand fund manager run by the activist investor nelson peltz has accumulated a 2. 5 billion stake in ge becoming one of the conglomerates largest shareholders. The fund says ge shares are undervalued. And just look at the stocks performance over the past decade. Shares of ge down about 20 . The s p 500 has gained a little more than 60 . Today shares of ge rose more than 5 on word of that trian stake. Harry thompson has more on this big investment by a very big and influential investor. Reporter in a first for General Electric the 1 123yearold company is
Visits baghdad. We begin if baltimore. A city that is fairly calm after a judge declared omistrial in a case against a Police Officer charged in the death of freddy gray. Jurors in officer william porters case told the judge they were deadlocked after three days of deliberation he. John terret is in baltimore with the news. Antonio, meant that the mainly african american, mainly femalurmainlyfemale jury could a verdict. Wrestling with deputies trying to prevent them from entering the building, there were a scum of arrests, protests continue around the building until early in the evening. The mayor of baltimore says now is the time for the community to come together and respect itself. 12 Baltimore City residents answered that very solemn call to serve, hear this case and make a decision. They did this and we have to vp respect that. If we think the process can continue in Baltimore City. Justice is not a verdict, justice is a process that we have to protect. And there were more mollify
Highs tomorrow will mostly be in the upper 20s. Thanks. And even though there wasnt heavy snow throughout sioux city, it was could see thin layers of snow on the rooftops. Grass could still be seen through the snow. Some cars were even covered. One sioux City Resident even threw salt down to prevent from falling. Last night it rained, or sprinkled anyway, said sioux City Resident david goodon. And so the sidewalks are slick and Insurance Companies charge a whole lot when someone falls on your sidewalk. Along with putting salt on his own driveway, david goodon also put salt on the sidewalk for passerbys. That is where you could see some ice formed. Snow fell overnight in and around fargo, north dakota. And a lot of folks woke up to a blanket of white this morning. Totals are anywhere between three to five inches in the Fargo Moorhead area to more than eight inches in areas north. Numerous Truck Drivers pulled over for the bad weather. It hasnt happened in nearly a decade but today, the