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Shares of Intel and Chevron are seeing declines Monday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.29% was most recently trading 87 points, or 0.3%, lower, as shares of Intel INTC, -3.24% and Chevron CVX, -3.59% are contributing to the blue-chip gauge's intraday decline. Intel's shares have fallen $1.50, or 4.3%, while those of Chevron have declined $5.66, or 3.4%, combining for an approximately 47-point drag on the Dow. Amgen AMGN, -1.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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Chevron to acquire Hess Corp. in $53 billion all-share dealBarbara Kollmeyer is based in Madrid, where she leads MarketWatch's pre-markets coverage of financial markets and writes the Need to Know column. She has worked in London and Los Angeles for MarketWatch previously. Follow her on Twitter bkollmeyer.
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Chevron to buy Hess Corp for $53 billion in stockChevron to buy Hess Corp for $53 billion in stock
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Chevron to buy Hess Corp for $53 billion in all-stock dealChevron said on Monday it will buy smaller rival Hess in a $53-billion all-stock deal. Chevron is offering $171 for every Hess share, implying a premium of…
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Chevron to acquire Hess Corp for $53 billion in stock in latest oil megadealChevron to acquire Hess Corp for $53 billion in stock in latest oil megadeal
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