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Oil fuels 'schizophrenic' Wall Street rebound

2016-01-27 08:12:26| Biotech - Topix.net

Wall Street rebounded over 1 percent on Tuesday, driven by a surge in oil prices and strong quarterly results from 3M, Johnson & Johnson and Procter & Gamble. All 10 major S&P sectors ended higher, led by a 3.78-percent rise in the energy sector.

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Canadian National posts 4Q profit, results top Wall Street forecasts

2016-01-27 04:05:38| Railroads - Topix.net

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.

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Wall Street hit by oil price slide

2016-01-25 23:15:21| BBC News | Business | UK Edition

Shares on Wall Street close down, hurt by the slide in the price of oil.

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Wall Street weighed down by energy, materials stocks

2016-01-25 21:08:50| IT Services - Topix.net

REUTERS: Wall Street looked set to snap a two-day rally in muted trade on Monday as retreating oil prices pulled down materials and energy stocks. Crude prices resumed their slide after a strong two-day run last week, falling more than 4 percent on news that Iraq flooded a heavily oversupplied oil market with record output.

Tags: street energy materials wall

 

The Wall Street Journal: Johnson Controls, Tyco to merge in tax inversion deal

2016-01-25 14:16:42| Automakers - Topix.net

Johnson Controls Inc. and Tyco International PLC agreed to merge, the companies said Monday, in a deal that will place the combined company's headquarters in Ireland. Under the terms of the agreement, Johnson Controls will own about 56% of the merged company.

Tags: street journal tax deal

 

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