Check out the companies making headlines midday Tuesday...
to Occidental Petroleum shares to complete its acquisition of Anadarko Petroleum. The market saw that endorsement from Warren Buffett as giving an edge to Occidental's bid over a rival offer from Chevron. Shares of Anadarko dipped 0.3% while Occidental's stock fell 2%.
Chevron rose because of perceived cost savings from not having to complete the deal for Andadarko.— The pharmaceutical company reported better-than-expected quarterly results, sending its stock up 3.4%. Pfizer posted earnings per share of 85 cents on revenue of $13.118 billion. Analysts polled by Refinitv expected a profit of 75 cents per share on sales of $12.991 billion.
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