Investors
Goodyear Profits $500M From Chinese Investments
Goodyear Tire & Rubber Co. from Akron, Ohio has laid foundation for a half-a-billion-dollar plant expansion in Pulandian Chinese district, located at a major port on the Yellow Sea near the border with North Korea.
Lufthansa CEO Says No For Any Italian Deal; Wants To Focus On Air Berlin Deal
Lufthansa’s Chief Executive Officer confirmed that the carrier is not interested to enter into an investment deal with Italy in connection with the speculations of a possible investment in Alitalia since the company is currently focusing on talks with Etihad for its deal with Air Berlin.
Samsung To Have $1B Investment For US Chip Production
Samsung Electronics confirmed on Tuesday that it is planning to invest more than $1 billion in its chip manufacturing facilities in Texas.
Energy And Utilities Comes Short Being Wednesday Laggards
With a 2.1% loss, the shares of Energy companies are underperforming other sectors as of midday of Wednesday. Showing a 5.4% and 5.2% of loss, the Pioneer Natural Resources Co (Symbol: PXD) and ONEOK Inc. (Symbol: OKE), respectively, are among the large stocks which are lagging.