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Time Warner Cable Inc. (NYSE: TWC) – For an in-depth report on Time Warner Cable Inc. follow: www.BullTrends.com/stockquote/TWC
Shares of Time Warner Cable Inc. closed up 7.02% on Thursday with about 26.6 million shares traded. The stock was one of the biggest winners on the NYSE and hit a new high of $146.19 during intra-day trading. Comcast is to buy Time Warner Cable for $45 billion in an all-stock deal that trumps Charter's bid. Both companies said their boards approved a merger that would see Comcast acquire 100% of Time Warner, their cable rival.
NetApp, Inc. (NASDAQ: NTAP) – For an in-depth report on NetApp, Inc. follow: www.BullTrends.com/stockquote/NTAP
Shares of NTAP closed down 3.50% on Thursday with about 11.2 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The drop came after the company reported third-quarter earnings that came up short of analysts' expectations. Revenue for the third quarter declined 1.2% year-over-year to $1.61 billion, which fell short of the Zacks consensus estimate of $1.64 billion. The decline stemmed mostly from a 22.3% drop in original equipment manufacturer revenues, which outweighed the 1.8% increase in Branded revenues.
Pepsico, Inc. (NYSE: PEP) – For an in-depth report on Pepsico, Inc. follow: www.BullTrends.com/stockquote/PEP
Pepsico Inc. closed down 2.21% on Thursday with about 11.2 million shares traded. The stock was one of the most active stocks trading on the NYSE. The company announced that it had decided not to spin off its North American beverage business, effectively rejecting a push by the activist investor Nelson Peltz. The company also announced a new five-year $5 billion productivity program on Thursday that will include $2 billion worth of labor cuts through 2019 as the soft drink maker slims its organizational structure and closes certain manufacturing facilities.
The Goodyear Tire & Rubber Company (NASDAQ: GT) – For an in-depth report on The Goodyear Tire & Rubber Company follow: http://www.bulltrends.com/stockquote/GDSM
Shares of Goodyear Tire & Rubber Company closed up 11.46% on Thursday with nearly 17 million shares traded. The stock hit a new 52-week high of $27.27 during intra-day trading. The company reported strong fourth-quarter results and announced it fully funded its hourly pension fund with a $1.15 billion cash payment, ending more than a decade of dealing with the issue. The company said it earned $228 million, or 84 cents per share, on sales of $4.8 billion.
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