Dycom Industries, (DY) gains 0.60% in Light Trading on October 13

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Dycom Industries, Inc. (NYSE: DY), a Palm Beach Gardens, Fla. Company, gained to close at $ 69.24 Wednesday after gaining $ 0.41 (0.60%) on a volume of 133,533 actions. The stock ranged from a high of $ 69.82 to a low of $ 67.93, while Dycom Industries’ market cap now stands at $ 2,089,012,344.

About Dycom Industries, Inc.

Dycom is one of the leading providers of specialty contracting services in the United States. These services include program management; Planning; engineering and design; aerial, underground and wireless construction; maintenance; and fulfillment services for telecommunications providers. In addition, Dycom provides underground facility location services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.

Visit the Dycom Industries, Inc. profile for more information.

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Emerson Electric to Merge Industrial Software Companies with Aspen Technology

Industrial software maker Emerson Electric Co (NYSE: EMR) will merge two of its businesses with smaller rival, Aspen Technology Inc (Nasdaq: AZPN), in an $ 11 billion deal.

The cash and stock transaction announced on Monday values ​​AspenTech at around $ 160 per share, a 27% premium from its October 6 close, before Bloomberg News first reported on the talks between the two. companies.

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BlackRock beats third quarter earnings estimates, but asset growth flattens

BlackRock Inc topped Q3 earnings estimates on high performance fees and strong demand for its actively managed and sustainable funds, even as market volatility kept the world’s largest fund manager from increasing its assets under management.

Asset managers have benefited from the surge in global financial markets in recent quarters as investors put money to work, making the most of the post-pandemic economic reopening, driven by advances in vaccinations and a strong fiscal and monetary assistance.

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JPMorgan misses third quarter revenue, beats profit estimates with one-off items

JPMorgan Chase posted a 24% rise in third-quarter profits on Wednesday, largely thanks to one-off items that boosted results as the bank struggled to increase revenue with interest rates close zero.

The nation’s largest bank by assets said it made a profit of $ 11.69 billion, or $ 3.74 per share, compared to profit of $ 9.44 billion, or $ 2.92 per share. share, during the same period a year earlier. The bank had two one-off items that helped boost its profits this quarter: a $ 566 million tax break and the release of $ 2.1 billion from its troubled loan books, which JPMorgan does every three months. since the US economy began to recover from the pandemic.

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange in terms of market value with over $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

For more information about Dycom Industries, Inc. and to keep up with the latest company updates, you can visit the Company Profile page here: Dycom Industries, Inc.’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView based on 15 minute lag prices. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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