Company News for July 01, 2014

Zacks

•    Linn Energy LLC’s (NASDAQ:LINE) shares gained 1.4% after buying Devon Energy Corp’s (NYSE:DVN) U.S. non-core oil and gas assets for $2.3 billion

•    Shares of Bank of New York Mellon Corporation (NYSE:BK) climbed 3.5% on news that Nelson Peltz's Trian Fund Management LP holds a stake of around $1.05 billion in the bank  

•    IKONICS Corporation’s (NASDAQ:IKNX) shares rose 4.6% after the company said it would increase utilization of its composite machining capabilities for aerospace industry

•    Shares of PPG Industries, Inc. (NYSE:PPG) jumped 3% after it announced it will buy Mexican company, Consorcio Comex SA de CV for around $2.3 billion

 

Read the analyst report on LINE

Read the analyst report on DVN

Read the analyst report on BK

Read the analyst report on IKNX

Read the analyst report on PPG


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