Mark Demos News
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Rackspace Hosting Inc. is tempting buyers that covet a foothold in the cloud to tackle the largest U.S. Internet takeover since the dot-com bubble.
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3M Co., the maker of Post-it Notes and fuel system tuneup kits, gained in U.S. trading after posting a first-quarter profit that beat analysts’ estimates because of rising domestic auto and industrial demand.
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Huntsman Corp. and Celanese Corp. are turning into the cheapest takeover targets in the U.S. chemicals industry as signs grow that a strengthening economy will boost demand for paint ingredients and building insulation.
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Caterpillar Inc. , the world’s largest maker of construction equipment, agreed to buy Bucyrus International Inc. for $7.6 billion to add shovels and drills to its range of mining machinery.
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Caterpillar Inc. ’s new Chief Executive Officer Doug Oberhelman inherited an earnings target that analysts project he won’t meet.
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Nabors Industries Ltd. has gotten so cheap that traders in the options market are betting the world’s largest land-drilling contractor may be a takeover candidate after the departure of its 81-year-old chief executive officer.
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General Electric Co. profit topped estimates after its industrial order backlog rose to a record $200 billion even as weaker demand in Europe hindered sales in health care.
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The price of bearish contracts on Alcoa Inc. jumped to the highest level since May 2009, as traders speculate this week’s earnings report won’t stem a plunge that has erased $9 billion of equity value.
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General Electric Co.’s projected third straight quarterly profit gain would cap a year in which the company outperformed the Standard & Poor’s 500 Index for the first time since 2004 and raised its dividend twice.
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General Electric Co. may boost Australia sales more than 30 percent this year, as a commodities boom spurs demand for trains, power equipment and gas compressors.
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