A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Friday, February 09, 2007
Cubist Pharmaceuticals (CBST) Higher on Takeover Chatter
Cubist Pharmaceuticals Inc. (Nasdaq: CBST) is seeing interest in intra-day action on rumors the company could be a takeover target. Novartis AG (NYSE: NVS) has been mentioned as a possible suitor. Shares of CBST are 4% higher.