On Thursday, Shares of The Dow Chemical Company (NYSE:DOW), gained 0.23% to $52.80.
The Dow Chemical Company, welcomes the passage of The Bipartisan Congressional Trade Priorities and Accountability Act of 2015. This bipartisan and modernized Trade Promotion Authority (TPA) legislation is an important next step in strengthening the U.S. economy and serves as a necessary element to drive America’s leadership of the global rules-based trading system.
TPA will ensure that future trade deals, counting the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), will meet these high standards and create opportunities for American exporters and investors to access the growing global middle class of consumers around the world.
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.
Shares of Micron Technology, Inc. (NASDAQ:MU), declined -0.17% to $24.02, during its last trading session, hitting its lowest level.
Micron Technology, declared results of operations for its third quarter of fiscal 2015, which ended June 4, 2015. Revenues for the third quarter of fiscal 2015 were $3.85 billion and were 8 percent lower contrast to the second quarter of fiscal 2015 and 3 percent lower contrast to the third quarter of fiscal 2014. Cash flows from operations were $1.34 billion for the third quarter of fiscal 2015.
“In the fiscal third quarter, Micron practiced market headwinds driven primarily by weakness in the PC sector,” stated D. Mark Durcan, Chief Executive Officer. “We remain focused on the long term as we continue to deploy advanced process technology to enable leading-edge products and drive manufacturing efficiency.”
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.
Finally, Sysco Corporation (NYSE:SYY), ended its last trade with -1.16% loss, and closed at $38.30.
The U.S. District Court in the District of Columbia has granted the Federal Trade Commission’s request for a preliminary injunction to block food distributor Sysco Corp.’s (NYSE:SYY) projected merger with US Foods.
The projected takeover was in the works for more than a year, leaving investors guessing about the outcome. With the deal now apparently dead, Sysco can refocus on cost-cutting efforts and technology upgrades that were shelved in anticipation of the merger, according to Erin Lash, an analyst at Morningstar Inc. Bloomberg Reports.
Sysco Corporation, through its auxiliaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates in Broadline and SYGMA segments. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats; dairy products; beverage products; imported specialties; and fresh produce.
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