Wall Street closes higher as crude steadies

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Piper Jaffray Updates Estimates on Jarden Corp. (JAH) to Reflect NWL's Offer - PT to $60

December 15, 2015 7:49 AM EST

Piper Jaffray reiterated an Overweight rating on Jarden Corporation (NYSE: JAH), and raised the price target to $60.00 (from $56.00), to reflect the offer by NWL to acquire the company. The offer represents a 24% premium to the trailing 30 day weighted average price and appears fair and reasonable in our... More

Nomura Securities Raises PT on Dow Chemical (DOW) Following Announced 50/50 All-Stock Merger

December 14, 2015 8:36 AM EST

Nomura Securities reiterated a Buy rating on Dow Chemical (NYSE: DOW), and raised the price target to $64.00 (from $62.00), following the company's announcement, along side DuPont, of plans to combine in a 50/50 all-stock merger of equals. The merger is expected to close in... More