The latest 13F for Jana Partners shows that Rosenstein upped his bet on General Motors Company (NYSE:GM) from a mere 400,000 in the third quarter to just under 8 million in the fourth quarter. The fund also established new positions in both Sirius XM Holdings Inc. (NASDAQ:SIRI) (50 million shares) and a small position in Sears Holdings Corp (NASDAQ:SHLD) (99,917 shares). Sirius XM Holdings Inc. (NASDAQ:SIRI) stock opened at $3.56 in last session, and closed at $3.57, while the day range of SIRI stock is $3.55 – $3.58.
McKesson Corporation ( MCK ) recently announced that it has expanded its distribution agreement with Rite Aid Corporation (NYSE:RAD). The agreement includes both brand and generic pharmaceuticals. The new agreement spans for five years up to Mar 2019. Rite Aid Corporation (NYSE:RAD) stock opened at $6.27, in last session and closed at $6.41, by gaining 2.23%. The 52 week range of RAD is $1.54 – $6.55. Company’s market capitalization is $6.20billion.
Macau casino operator MGM Resorts International (NYSE:MGM) China (2282) said today adjusted earnings before interest, taxes, depreciation and amortization, or Ebitda, increased to US$238 million in the fourth quarter compared with US$176 million, the year earlier. MGM Resorts International (NYSE:MGM) stock decreased -0.39% and finished the last session at $25.75. The EPS of the stock remained -2.74. Company’s market capitalization is $12.62billion.
DryShips, Inc. (NASDAQ:DRYS) is engaged in the ownership and operation of drybulk carriers worldwide. DryShips Inc. (NASDAQ:DRYS) stock opened the session at $3.74, and closed the session at $3.48. The 52 week range of the DRYS stock remained $1.65 – $5.00 and the day range was $3.45 – $3.80.