to Occidental Petroleum shares to complete its acquisition of Anadarko Petroleum. The market saw that endorsement from Warren Buffett as giving an edge to Occidental's bid over a rival offer from Chevron. Shares of Anadarko dipped 0.3% while Occidental's stock fell 2%.
Chevron rose because of perceived cost savings from not having to complete the deal for Andadarko.— The pharmaceutical company reported better-than-expected quarterly results, sending its stock up 3.4%. Pfizer posted earnings per share of 85 cents on revenue of $13.118 billion. Analysts polled by Refinitv expected a profit of 75 cents per share on sales of $12.991 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Alphabet, Yum China, MGM Resorts and moreStocks making the biggest moves after hours: Alphabet, Yum China, MGM Resorts & more Trump is amazing
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Alphabet, General Electric, MGM Resorts & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Be wary of stocks that rally into earnings reports, like Google-parent Alphabet did'A gentle dip ahead of earnings can be the best vaccination against a sell-off,' Jim Cramer says. This is not a true statement. alphabet had a lousy earning.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: AT&T, Domino's Pizza, eBay & moreThese are the stocks posting the largest moves midday Wednesday. Cresco - Cresco - Cresco $CRLBF
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Boeing, Anadarko Petroleum, Caterpillar, AT&T & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Twitter, Disney, Coca-Cola, Hasbro & moreThese are the stocks posting the largest moves midday Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Amazon, Intel, Ford, Qorvo, Mattel & moreSome of the names on the move ahead of the open. What happens when rental car companies no longer need cars in 2019 because they already bought so many at steep discounted prices? I have an answer - F stock will tank like a brick. smokeandmirrors realeconomy Whatever happened to Ken?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Comcast, Southwest, UPS, Facebook & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: 3M, UPS, Microsoft & moreThese are the stocks posting the largest moves midday Thursday.
Source: CNBC - 🏆 12. / 72 Read more »