Statement from Halliburton Co. says European Regulators Asked for More Information Related to MergerSubmitted by Amarinder Sekhon on Mon, 08/03/2015 - 11:35
On Sunday, in a statement, Halliburton Co, the oilfield services provider said that European Commission has requested for additional information regarding its proposed deal to takeover Baker Hughes Inc.
The merger deal worth $35 billion will create a strong combined company which may surpass the number one oil fields service provider, Schlumberger NV.
Verizon Workers in Nine States will Continue to Work Without Contract as Further Negotiations are ExpectedSubmitted by Apoorva Prasad on Mon, 08/03/2015 - 11:32
The unions representing the Verizon employees in nine states said that the workers with the wireless carrier will carry on working without a contract as further negotiations are scheduled in the near future.
Energy Transfer Partners increased 0.35% in the previous session. The last traded price of the stocks was 0.18 points up at $51.6.
Data gathered for the fund flow indicate that the net flow of money in the intraday was $(-8.6) million. The fund value was noted as $12.62 million in upticks and was recorded to be $21.22 million in the downticks.
On Friday, Yahoo said that it agreed to acquire Polyvore, the fashion start-up that is expected to attract more traffic and fortify its mobile and social offerings. The company did not announce the terms of the deal but said that the acquisition will speed up its 'Mavens' growth move.
In the second quarter which ended in June, Twitter earned revenue of $502 million quarterly. The second quarter revenue was sixty one percent up as compared to last year.
Compared to the first quarter, Twitter's active user number in the second quarter increased by eight million to 316 million. That's fifteen percent increase on a year on tear basis.
Although the U. S economy expanded in the June quarter but it settled for a jog rather than a run. The progress has been slow but is more optimistic than the first quarter which gave a scare.