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Wall Street Ends Lower as Fed Minutes Show Rate-Hike Concern
2015-02-19 02:32:33| Chemicals - Topix.net
The Dow and S&P 500 ended barely lower on Wednesday after a drop in energy shares but declines were limited by minutes from the latest Federal Reserve meeting, which showed policymakers are concerned about raising interest rates too soon. Exxon Mobil, which fell 2.2 percent to $91.01, was the biggest drag on both the S&P 500 and Dow following an explosion and fire at an Exxon refinery near Los Angeles and a drop in crude oil prices.
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The Wall Street Journal: Ball nears deal to buy Rexam
2015-02-18 22:59:57| Beverages - Topix.net
U.S. packaging company Ball Corp. is nearing a deal to buy U.K. rival Rexam PLC, according to people familiar with the matter, a move that would create the world's largest beverage-can maker. The companies said earlier this month they were negotiating a cash-and-share offer that would value Rexam at around 4 billion pounds .
Wall Street advances on Greek debt hopes, Coke earnings
2015-02-11 08:23:31| Beverages - Topix.net
U.S. stocks climbed on Tuesday, bouncing from two straight declines, on hopes a deal in Greek debt negotiations was drawing closer along with a lift from Coca-Cola earnings. Bobbi Rebell reports.
The Wall Street Journal: Coke says 2015 will be a 'transition year'
2015-02-10 14:35:12| Beverages - Topix.net
Coca-Cola Co. posted higher volumes in its fourth quarter, but the beverage giant warned that 2015 would be "transition year" as it works through cost-cutting plans and struggles with currency impacts.
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Wall Street to open lower on China data, Greek worry
2015-02-09 17:30:24| Biotech - Topix.net
U.S. stocks were poised for a lower open on Monday, on the heels of disappointing economic data out of China and signs of rising tensions surrounding Greek debt negotiations. NEW YORK: U.S. stocks were poised for a lower open on Monday, on the heels of disappointing economic data out of China and signs of rising tensions surrounding Greek debt negotiations.
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