Large Cap

Over $10 Billion


BP Presents Upstream Strategy to Investors that Includes $1 Billion in Restructuring Charges

BP (NYSE: BP) was scheduled to present its strategy and plans for its Upstream oil and gas business. The day-long presentation, led by BP’s Upstream chief executive Lamar McKay, will provide an in-depth and detailed account of how BP is managing its Upstream business and its distinctive strategy for the long term. The presentation will also review the macro-environment and the context of recent developments in oil prices. McKay and senior members of his upstream management team will share further insights into the depth and quality of the Group’s resource base and investment portfolio, which underpin BP’s long-term value proposition through the changes in the price environment.
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Freeport-McMoRan Announces Results of Offer to Purchase Senior Notes

Freeport-McMoRan (NYSE: FCX) announced that as of 5:00 p.m., New York City time, on December 4, 2014, pursuant to the cash tender offer by its subsidiary, Freeport-McMoRan Oil & Gas LLC, the Company has received tenders of $1.66 billion aggregate principal amount of outstanding notes and accepted $1.14 billion aggregate principal amount of the Notes for total aggregate consideration of $1.26 billion.
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Freeport-McMoRan Announces Positive Drilling Results at Holstein Deep and Dorado Development Projects in Gulf of Mexico

Freeport-McMoRan (NYSE: FCX) announced positive drilling results from the Freeport-McMoRan Oil & Gas (FM O&G) 100-percent-owned Holstein Deep and Dorado development wells in the Deepwater Gulf of Mexico (GOM).
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Corning Increases Quarterly Dividend 20% and Approves a $1.5 billion Share Repurchase Program

Corning’s (NYSE: GLW) Board of Directors declared a quarterly dividend of $0.12 per share, a 20% increase in the company’s quarterly common stock dividend.
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Corning to Acquire Samsung Electronics' Fiber Optics Business

Corning (NYSE: GLW) announced that it has reached a definitive agreement with Samsung Electronics Co., Ltd. to acquire its fiber optics business.
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Freeport-McMoRan to Purchase up to $1.25 Billion of Senior Notes

Freeport-McMoRan (NYSE: FCX) announced a modified “Dutch Auction” cash tender offer by its subsidiary, Freeport-McMoRan Oil & Gas LLC, for several series of its notes.
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Metlife Completes Merger of Insurance and Reinsurance Subsidiaries

MetLife (NYSE: MET) announced that it had completed the mergers of its subsidiaries MetLife Insurance Company of Connecticut, MetLife Investors USA Insurance Company, MetLife Investors Insurance Company and Exeter Reassurance Company Limited.
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Dow Chemical Declares 14% Dividend Increase; Adds $5 Billion to Share Repurchase Program

Dow Chemical (NYSE: DOW) announced that its Board of Directors has declared a 14 percent increase in the Company’s dividend, from $0.37 per share to $0.42 per share in the fourth quarter.
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Cisco Systems Transition to Software and Services Continues; Operating Results Boost Stock

Cisco Systems (NASD: CSCO) reported first-quarter results for the period ended October 25, 2014.
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Motorola Solutions Operating Results Reflect Asset Sales, Legacy Lethargy and Improved Margins

Motorola Solutions (NYSE: MSI) reported results for the third quarter of 2014 that saw a 5% decline in sales to $1.4 billion...
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Looking for a Year-End Bounce: Stock Profit from Artificial Selling Pressures

Looking to cash in on timely tax loss selling and portfolio window dressing? These 10 year-end bounce stock picks represent the worst performers in the S&P 500 during calendar 2014, adjusted somewhat so that there is good diversification by industry group. Read More.

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