Friday, November 17, 2006

Deutsche Bank Doesn't See Imminent Deal for BOBJ or COGN

Deutsche Bank downgraded Business Objects (Nasdaq: BOBJ) and Cognos (Nasdaq: COGN) today. Both stock have been the subject of takeover speculation in the business intelligence (BI) space. Deutsche Bank said the stocks trade with a takeover premium, but they don't see an imminent deal

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