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Company News for July 01, 2014

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•    Linn Energy LLC’s (NASDAQ:LINE) shares gained 1.4% after buying Devon Energy Corp’s (NYSE:DVN) U.S. non-core oil and gas assets for $2.3 billion

•    Shares of Bank of New York Mellon Corporation (NYSE:BK) climbed 3.5% on news that Nelson Peltz's Trian Fund Management LP holds a stake of around $1.05 billion in the bank  

•    IKONICS Corporation’s (NASDAQ:IKNX) shares rose 4.6% after the company said it would increase utilization of its composite machining capabilities for aerospace industry

•    Shares of PPG Industries, Inc. (NYSE:PPG) jumped 3% after it announced it will buy Mexican company, Consorcio Comex SA de CV for around $2.3 billion


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