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How the Dow closes in on 20,000
2015-06-24 14:39:14| Industrial Machines - Topix.net
If all the stocks in the Dow Jones industrial average hit analysts' 18-month price targets, especially three big ones Apple , United Technologies and Boeing , that would vault the popular market measure 1,268 points higher, according to a USA TODAY analysis of data from S&P Capital IQ. Hitting analysts' targets would put the Dow at 19,412 - approaching the 20,000 milestone - and easily pushing the market measure past the standing record high of 18,312 set on May 19. Blue-chip investors have been enviously watching the tech-and-biotech heavy Nasdaq composite soar to record highs.
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IDEX Corporation Closes Five Year $700 Million Senior Revolving Credit Facility
2015-06-24 13:43:41| Industrial Machines - Topix.net
The facility was financed through a syndication of 10 financial institutions, co-led by Bank of America, N.A., JP Morgan Chase, N.A., and Wells Fargo, N.A., with Mizuho Bank, Ltd., Barclays Bank plc, and U.S. Bank, N.A., acting as co-documentation agents. The new facility was timed to capitalize on current favorable market conditions and replace the company's existing $700 million credit facility, which was due to expire in June, 2016.
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As it closes AOL deal, Verizon teases new video service
2015-06-23 21:24:32| Telecom - Topix.net
The country's largest wireless provider teased a few details of its upcoming offerings Tuesday while announcing it had completed its $4.4 billion purchase of AOL Inc. The deal is designed to help Verizon Communications Inc. expand in mobile video and advertising as more hours are spent watching video, reading and shopping on phones and tablets. Verizon's mobile video service will work on competitors' networks as well as on Wi-Fi and will include ad-supported data, says Verizon executive vice president Marni Walden.
Verizon teases new video service as it closes AOL deal
2015-06-23 21:24:31| Telecom - Topix.net
The country's largest wireless provider teased a few details of its upcoming offerings Tuesday while announcing it had completed its $4.4 billion purchase of AOL Inc. The deal is designed to help Verizon Communications Inc. expand in mobile video and advertising as more hours are spent watching video, reading and shopping on phones and tablets. Verizon's mobile video service will work on competitors' networks as well as on Wi-Fi and will include ad-supported data, says Verizon executive vice president Marni Walden.
Verizon teases new video service as it closes AOL deal
2015-06-23 21:03:44| Wireless - Topix.net
The country's largest wireless provider teased a few details of its upcoming offerings Tuesday while announcing it had completed its $4.4 billion purchase of AOL Inc. The deal is designed to help Verizon Communications Inc. expand in mobile video and advertising as more hours are spent watching video, reading and shopping on phones and tablets. Verizon's mobile video service will work on competitors' networks as well as on Wi-Fi and will include ad-supported data, says Verizon executive vice president Marni Walden.
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