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Bulls And Bears Of The Week: Apple, Chevron, FedEx, Uber And More

Article By: Benzinga

Sunday, May 19, 2019 5:07 AM EDT

The escalating trade war with China continued to overshadow the markets in the past week. Investors also saw mixed economic numbers, as well as positive surprises in quarterly reports and initial public offerings, and bad news for a market darling.

In this article: FDX, JNJ, ARRY, IMGN, AAPL, LYFT, UBER, GOOGL, CVX

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Chevron Won't Increase Anadarko Bid, Plans To Raise Share Buyback Rate 25%

Article By: The Fly

Thursday, May 9, 2019 10:20 AM EDT

Chevron announced that, under the terms of its previously announced merger agreement with Anadarko Petroleum, it will not make a counterproposal and will allow the four-day match period to expire.

In this article: CVX, APC

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Chevron Shares Up 4% As Company Walks Away From Anadarko Deal

Article By: Tyler Durden

Thursday, May 9, 2019 8:55 AM EDT

By walking away from the deal, Chevron will collect a $1 billion cash breakup fee from the shale driller. As a consolation for its shareholders, Chevron will increase its buyback program by 25%.

In this article: CVX, APC

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Chevron Should Walk Away From Anadarko Deal

Article By: Robert Rapier

Wednesday, May 8, 2019 1:11 PM EDT

I originally thought Chevron would win the bidding war for Anadarko Petroleum. But the price has gotten too high, so I would argue that it’s time for them to walk away from the deal.

In this article: CVX, OXY, APC

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