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PPG stock splits
2015-06-16 14:58:02| Chemicals - Topix.net
PPG Industries Inc.'s share price on Tuesday is half what it was yesterday, but investors are double their number of shares.
Will Merck (MRK) Stock be Helped by EC Approval of $17 Billion Sigma-Aldrich Deal?
2015-06-15 22:35:48| Chemicals - Topix.net
Editor's Note: Story has been updated to reflect the purchase of Sigma-Aldrich by German Merck not the American Merck as was previously reported NEW YORK -- Merck shares are down 0.84% to $34.39 in trading Monday but could rebound after regulators at the European Commission approved the company's $17 billion acquisition of American life science company Sigma-Aldrich this afternoon, according to Reuters . The EC said that the decision is conditional on the divestment of certain Sigma-Aldrich assets, including manufacturing facilities in Merck's home country of Germany.
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Dow Chemical (DOW) Stock Gaining on Price Target Increase at Jefferies
2015-06-15 22:35:47| Chemicals - Topix.net
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Petrobras (PBR) Stock Gains on JPMorgan Upgrade
2015-06-15 20:22:37| Oil & Gas - Topix.net
In a note to investors, JPMorgan upgraded Petrobras to "overweight" from "neutral," according to Barron's . The analyst firm set a price target of $10.50 for the oil company, highlighting its efforts to improve investors' confidence.
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Will FedEx (FDX) Stock be Helped by This Analyst Action?
2015-06-15 20:10:14| Air Courier - Topix.net
"We believe FedEx will issue an upbeat fiscal year 2016 outlook given tailwinds from its profit improvement plan , secular e-commerce growth, and competitor pricing initiatives," Deutsche Bank analysts said. The firm increased estimated earnings for the quarter to $2.90 per share from $2.68, with full-year 2016 earnings estimated at $11.62 per share.
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