4 Dow Giants Making Headlines
The Dow is down 0.20 percent Wednesday and currently stands at 13,252. These stocks are attempting to buck the trend.
Pfizer Inc. (NYSE:PFE) CEO Ian Read comments that he and his firm are interested in acquiring companies that can supply promising new treatments for diabetes, cancer and neurological conditions, according to a Reuters report. Read added that he could pay $4 billion or more for each company that Pfizer likes.
Verizon Communications Inc. (NYSE:VZ): A patient FCC on Tuesday allowed an additional three weeks time for the evaluation of the proposed deal among several cable companies and Verizon, reports The Hill. Further, it was noted that the new deadline is 98 days from (Tuesday), and that so far no company has submitted the full number of documents that was requested.
Wal-Mart Stores Inc. (NYSE:WMT) announces the release of its remaining two employees from detention in Chongqing, according to Reuters. They had been held regarding a scandal over the mislabeling of pork.
The Coca-Cola Company (NYSE:KO) reports that its first quarter total revenues increased by 29.7 percent.
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