Aug
11
Las Vegas, NV – Aug 11, 2015 — (Tech Sonian) –The takeover represents one of the larger deals in the most active year for MA since the peak year of 2007. It comes just months after the roughly $50 billion merger of Kraft Foods Group and H.J. Heinz, half of which was owned by Berkshire.
Other industrial companies also gained ground. Aircraft maker Boeing Inc. and heavy-equipment manufacturer Caterpillar Inc. were among the biggest gainers in the Dow, rising 2.4% and 3.7%, respectively.
Meanwhile, disappointing economic data in China provided fuel for gains in stocks across the globe. The weak reports, including a deflation threat from declining factory prices, lifted expectations Beijing would increase spending and continue to prop up the market by buying shares.
Federal Reserve Vice Chairman Stanley Fischer emphasized that U.S. inflation remains low and Fed officials must see inflation returning to more normal levels before the central bank raises interest rates.
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TECO Energy, Inc.(NYSE:TE)opened the session at $22.15, trading in a range of $21.84-$22.24, and closed at $21.97. The stock showed a negative performance of -0.77% in the last trading session. The stock traded on an average volume of 2.78 million shares.
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Grupo Financiero Galicia S.A. (ADR)(NASDAQ:GGAL) traded the average volume of the stock remained 0.39 million shares. The 52 week range of the stock remained $10.33-$26.13. The stock showed a positive movement of 4.56% to end at $22.03.
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Youku Tudou Inc (ADR)(NYSE:YOKU) reported the stock increased 10.48% and finished the day at $22.35. The beta of the stock is recorded at 2.83 and the EPS of the stock remained -0.98. The shares outstanding of the stock are 2.85 billion.
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Allegheny Technologies Incorporated(NYSE:ATI) the stock gain 7.59% to settle at $22.55. To get a view of its performance, the one month trend of the stock was -19.81% and the three month trend remained negative -36.82%.
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