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Orsted Up, Heineken Strengthens, ASM International Slips

Orsted Up, Heineken Strengthens, ASM International Slips

Published 5 months, 3 weeks ago
Description

On this episode of Stock Movers:
- Orsted shares surged after a US judge ruled construction can continue on a nearly completed wind farm off the coast of Rhode Island.
-  Heineken said it will acquire Florida Ice and Farm Company’s beverage and retail businesses in a $3.2 billion cash deal, strengthening its position across Central America.
- ASM International's shares dropped after it cut its outlook for second-half revenue, citing lower-than-anticipated demand from some of its clients.

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