Activist pressure helps reshape U.S. corporates, from Yahoo to Dow
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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Nomura Securities Raises PT on Dow Chemical (DOW) Following Announced 50/50 All-Stock Merger
December 14, 2015 8:36 AM ESTNomura Securities reiterated a Buy rating on Dow Chemical (NYSE: DOW), and raised the price target to $64.00 (from $62.00), following the company's announcement, along side DuPont, of plans to combine in a 50/50 all-stock merger of equals. The merger is expected to close in... More
DuPont (DD) Announces Restructuring Initiative; See Pretax Charge of ~$780M
December 11, 2015 6:51 AM ESTDuPont (NYSE: DD) a 2016 global cost savings and restructuring plan designed to reduce $700 million in costs compared with 2015. The 2016 cost reductions include a range of structural actions across all businesses and staff functions globally to operate more efficiently by further consolidating businesses and aligning staff functions more closely with the businesses. The new plan... More
