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EMC, VMWare, Eli Lilly, Qualcomm and Staples are big market movers
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
EMC Corp. (EMC), up 49 cents to $28.35
Dell is buying the data storage company in a deal worth about $67 billion as it expands its software and services business.
VMWare Inc. (VMW), down $6.38 to $72.27
Dell’s $67 billion buyout of EMC will involve stock that tracks the performance of EMC’s stake in the software company.
Eli Lilly and Co. (LLY), down $6.70 to $79.44
The drug developer is discontinuing development of a potential cholesterol drug because of disappointing late-stage study results.
Twitter Inc. (TWTR), down $2.10 to $28.75
The social media company is preparing to cut its workforce by an unknown amount, according to the online publication Recode.
Nasdaq
Qualcomm Inc. (QCOM), up 1 cent to $57.79
The digital communications products company will sell its Vuforia mobile technology platform to PTC for an undisclosed amount.
Norwegian Cruise Line Holdings Ltd…
NYSE
EMC Corp. (EMC), up 49 cents to $28.35
Dell is buying the data storage company in a deal worth about $67 billion as it expands its software and services business.
VMWare Inc. (VMW), down $6.38 to $72.27
Dell’s $67 billion buyout of EMC will involve stock that tracks the performance of EMC’s stake in the software company.
Eli Lilly and Co. (LLY), down $6.70 to $79.44
The drug developer is discontinuing development of a potential cholesterol drug because of disappointing late-stage study results.
Twitter Inc. (TWTR), down $2.10 to $28.75
The social media company is preparing to cut its workforce by an unknown amount, according to the online publication Recode.
Nasdaq
Qualcomm Inc. (QCOM), up 1 cent to $57.79
The digital communications products company will sell its Vuforia mobile technology platform to PTC for an undisclosed amount.
Norwegian Cruise Line Holdings Ltd…
Canadian banks tighten expenses amid shifts in sector, slower growth
– theglobeandmail.com
Several big Canadian financial institutions have made cost-cutting announcements in recent months as an uncertain economy, competition threaten profits
The close: Wall Street ends slightly higher as focus turns to earnings
– theglobeandmail.com
Traders look ahead to a busy week for third-quarter corporate results, and the price of oil fell after a report showing OPEC boosted its output
How the Dow Jones industrial average and other major indexes fared on Monday
– canadianbusiness.com
U.S. stocks closed higher Monday as traders looked ahead to a busy week for corporate earnings. The subdued trading followed the best week for the market this year.
On Monday:
The Dow Jones industrial average rose 47.37 points, or 0.3 per cent, to close at 17,131.86.
The Standard & Poor’s 500 index added 2.57 points, or 0.1 per cent, to 2,017.46.
The Nasdaq composite rose 8.17 points, or 0.2 per cent, to 4,838.64.
For the year:
The Dow is down 691.21 points, or 3.8 per cent.
The S&P 500 index is down 41.44 points, or 2.1 per cent.
The Nasdaq is up 102.59 points, or 2.2 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Monday appeared first on Canadian Business – Your Source For Business News.
On Monday:
The Dow Jones industrial average rose 47.37 points, or 0.3 per cent, to close at 17,131.86.
The Standard & Poor’s 500 index added 2.57 points, or 0.1 per cent, to 2,017.46.
The Nasdaq composite rose 8.17 points, or 0.2 per cent, to 4,838.64.
For the year:
The Dow is down 691.21 points, or 3.8 per cent.
The S&P 500 index is down 41.44 points, or 2.1 per cent.
The Nasdaq is up 102.59 points, or 2.2 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Monday appeared first on Canadian Business – Your Source For Business News.
Nobel in economics given to Angus Deaton for studies of consumption – Waterloo Record
– news.google.ca
Waterloo RecordNobel in economics given to Angus Deaton for studies of consumptionWaterloo RecordAngus Deaton was awarded the Nobel Memorial Prize in Economic Science on Oct. 12 for improving the accuracy of basic economic gauges, including measures of income, poverty and consumption. next play/pause pre 1/1. Waterloo Region Record.Princeton economist Angus Deaton wins Nobel for work on poverty and inequalityNews1130Choice matters to 2015 Nobel Prize in Economics winner Angus DeatonSydney Morning HeraldNobel winner sees big picture in micro-dataThe Australian Financial ReviewThe Nation -New York Times -Inquirer.netall 992 news articles »
