Wall Street reacted negatively to Sunoco's deal, with shares dropping 10%. Mizuho Financial Group analysts labeled the transaction as 'less than stellar', casting doubt on Sunoco's projected benefits. However, Raymond James analysts suggested the $150 million synergy figure might be conservative, highlighting potential upside in terminals and renewables.
RECAP U.S. stocks advanced on Monday, building off a record finish ahead of the ramping up of fourth-quarter earnings season. The$NYダウ(.DJI.US)$rose 138 points, or 0.26%, to 38,000. The$S&P 500 Index(.SPX.US)$was up 10 points, or 0.22%, at 4,850. The$Nasdaq Composite Index(.IXIC.US)$advanced 49 points, or 0.32%, to 15,360. While the S&P 500 finally returned to record territory on Friday, skeptic...
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BelleWeather :
GILD is down .03%, or two cents. Two pennies. That is not a remarkable fall.
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U.S. stocks advanced on Monday, building off a record finish ahead of the ramping up of fourth-quarter earnings season.
The $NYダウ(.DJI.US)$ rose 138 points, or 0.26%, to 38,000. The $S&P 500 Index(.SPX.US)$ was up 10 points, or 0.22%, at 4,850. The $Nasdaq Composite Index(.IXIC.US)$advanced 49 points, or 0.32%, to 15,360.
While the S&P 500 finally returned to record territory on Friday, skeptic...
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