Closing Bell: United Outlines $3.1B Plan; U.S. Stocks Climb
Voter support for the U.K. to remain in the European Union appears to roughly match support to exit. The uncertainty over the 'Brexit' vote on Thursday led to choppy trading through much of the day. Federal Reserve Chair Yellen warned of the repercussions to an exit earlier in the session. Neustar (NSR) ended the day slightly higher after announcing plans to split into two publicly traded companies. The tax-free spinoff will separate its information services from its order-management services, the latter of which will retain the brand. Deutsche Bank has raised its price target on Viacom (VIAB) - Get Report to $39 a share, pointing to a board management shakeup as potential upside catalyst. The firm reiterated a HOLD rating. United Continental (UAL) - Get Report hopes to boost revenue and cut costs by a cumulative $3.1 billion through to 2018.









