tag:blogger.com,1999:blog-287467702011-12-13T22:54:16.470-05:00A 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.Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.comBlogger4531100tag:blogger.com,1999:blog-28746770.post-3987224959389700712007-04-10T15:00:00.001-05:002007-04-10T15:00:56.232-05:00

United Rentals, Inc. (NYSE: URI) announced that its board of directors has authorized commencement of a process to explore a broad range of strategic alternatives to maximize shareholder value, including a possible sale of the company. The company has retained UBS Investment Bank and Credit Suisse to act as financial advisors in this process.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com2tag:blogger.com,1999:blog-28746770.post-28977777763500865402007-04-10T14:59:00.002-05:002007-04-10T15:00:33.701-05:00

BCE, Inc. (NYSE: BCE) is higher on reports from the New York Times and the Globe and Mail that 5.3% holder Ontario Teachers' Pension Plan approached Caisse de Depot et Placement du Quebec and the Canada Plan Investment Board about making a $45 billion bid for BCE. The reports also said the fund held talks will at least one private equity firm.A follow-up report from Bloomberg, noted that Teachers

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-21836764217554978792007-04-10T14:59:00.001-05:002007-04-10T14:59:30.875-05:00

Aixtron said it is not in talks with Applied Materials (Nasdaq: AMAT) about a takeover - Bloomberg.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-41181357960348989302007-04-10T14:58:00.002-05:002007-04-10T14:59:11.353-05:00

Medwave Inc. (Nasdaq: MDWV) has decided to begin a process to explore strategic alternatives to enhance shareholder value, including but not limited to the raising of capital through the sale of securities or assets of the Company, a recapitalization, strategic acquisitions, and the combination, sale or merger of the Company with another entity.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-25919865526889430622007-04-10T14:58:00.001-05:002007-04-10T14:58:53.168-05:00

According to reports from VentureBeat, Google (Nasdaq: GOOG) is negotiating an advertising deal with DirecTV (NYSE: DTV) similar to the deal they recently announced with EchoStar (Nasdaq: DISH).

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-74412128086448559342007-04-09T14:33:00.001-05:002007-04-09T14:33:36.627-05:00

Nuvelo's (Nasdaq: NUVO) 47% jump may be attributed to an analyst saying there are rumors circulating that Bayer (NYSE: BAY) may decide to take NUVO's experimental blood clot dissolver for further trials, which have been temporarily suspended after failing to meet main goals - Reuters

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-6143292824019265042007-04-09T14:32:00.000-05:002007-04-09T14:33:14.582-05:00

Foot Locker Inc. (NYSE: FL) is seeing interest mid-day on renewed takeover chatter. In November of 2006, commenting on rumors of a takeover, the CEO said rumors of a potential sale of the Company are not true. Separately, Foot Locker has been mentioned as a possible suitor of Genesco (NYSE: GCO).

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-80358543210176449572007-04-09T14:30:00.000-05:002007-04-09T14:32:49.573-05:00

According to reports from Reuters, citing Shanghai Securities News, Electronic Arts (Nasdaq: ERTS) is in a deal to acquire 19% of The9 Ltd. (Nasdaq: NCTY) for about $200 million.A follow-up report quoted Electronic Arts as saying they have no such plans.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-18204135220980223052007-04-09T14:29:00.000-05:002007-04-09T14:30:08.040-05:00

Deutsche Bank upgrades Pogo Producing Co. (NYSE: PPP) from Sell to Hold and raises their price target to $50, citing the growing likelihood of some form of corporate action over the near term, most likely the sale of the company in whole or in parts.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-12363178328089086212007-04-09T14:28:00.000-05:002007-04-09T14:29:13.772-05:00

Devon Energy (NYSE: DVN) : DVN, is an energy company engaged in oil and gas exploration, closed at $71.88. Business Week reported Oppenheimer oil analyst Fadel Gheit says rumors have surfaced XOM may go after DVN. DVN April option implied volatility of 25 is below its 6-month average of 29 according to Track Data. Paul Foster

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-28295145441398314502007-04-09T14:27:00.000-05:002007-04-09T14:28:15.185-05:00

A CNBC reporter notes that besides Burlington Northern Santa Fe Corp. (NYSE: BNI), Warren Buffett has invested in two other North American railroads yet to be disclosed. Buffett disclosed a 10.9% stake in BNI on Friday.The reporter mentions CSX Corp. (NYSE: CSX), Norfolk Southern Corp. (NYSE: NSC), Union Pacific Corp. (NYSE: UNP) and Canadian National Railway Company (NYSE: CNI) as possibilities.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-18989038170548648772007-04-09T14:26:00.001-05:002007-04-09T14:26:50.815-05:00

Mirant Corporation (NYSE: MIR) has decided to explore strategic alternatives to enhance stockholder value. JPMorgan will serve as the financial advisor in this process.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-54785793850804661592007-04-09T14:25:00.000-05:002007-04-09T14:26:14.000-05:00

Kroger (NYSE: KR) : KR's, David Dillon, Chairman & CEO, said "neither management nor our Board of Directors has any interest in pursuing a leveraged buyout transaction." The Wall Street Journal reported on 4/6/07 "People familiar with the matter say a number of firms across the Street have been eyeing KR." KR over all option implied volatility of 21 is below its 6-month average of 23 according to

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-36595771520236947952007-04-09T14:22:00.000-05:002007-04-09T14:25:15.079-05:00

According to reports from the UK's Sunday Express, a consortium including Middle Eastern investors and American buyout firms is preparing a $50 billion offer for Dow Chemical (NYSE: DOW). The paper said the offer could range between $52-$58 per share.A follow-up report from Bloomberg, noted that Dow spokesman Huntley said the company has no interest in an LBO and plans to remain public.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-50806891559970979292007-04-04T14:34:00.001-05:002007-04-04T14:34:27.807-05:00

Shares of Pioneer Natural Resources Co. (NYSE: PXD) are higher today on rumors of a possible takeover. Also, slides from the Howard Weil Energy Conference show the company is evaluating the formation of an upstream Master Limited Partnership. The stock is 3.8% higher in afternoon action.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-48818170043625204672007-04-04T14:32:00.000-05:002007-04-04T14:34:02.509-05:00

Riley Investment Management wants Regent Communications Inc. (Nasdaq: RGCI) sold, saying the stock is worth $4.50-$6 per share (currently at $3.18). More at 13DTracker.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-70150357244638671092007-04-04T14:31:00.001-05:002007-04-04T14:31:56.274-05:00

Mamma.com Inc. (Nasdaq: MAMA) is moving higher this morning (+14%) on Google (Nasdaq: GOOG) takeover talk. A couple websites and CNBC mentioned the rumor. NOTE: This has about 0% chance of happening in our opinion.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-1874055250794930242007-04-03T14:26:00.001-05:002007-04-03T14:26:46.413-05:00

Shares of Marshall & Ilsley Corp. (NYSE: MI) are 7% higher in pre-open trading Tuesday on reports from the Wall Street Journal, the company is near a sponsored spin off of its Metavante Corp. unit, with private equity firm Warburg Pincus taking a minority stake in the spin-off. The deal is expected to be announced in the next few days. Link $

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-53357288991325893562007-04-03T14:25:00.002-05:002007-04-03T14:26:15.178-05:00

Shares of Giant Industries Inc. (NYSE: GI) are 4% lower in early action Tuesday on reports from TheDeal.com, the FTC is expected to block Western Refining, Inc. (NYSE: WNR) acquisition of the company. Link $

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-28830520347202285492007-04-03T14:25:00.001-05:002007-04-03T14:25:45.614-05:00

Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) continues higher following yesterday's news that CEO Heyer was forced out. The move has created wild speculation that the company could be put on the auction block.Shares of HOT are 2.3% today following yesterday's 4.6% move.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-78874370105984843692007-04-02T13:26:00.000-05:002007-04-02T13:28:46.893-05:00

In a 13D filing on World Air Holdings Inc. (OTC: WLDA), Riley Investment Management disclosed a 5.9% stake in the comapny. The firm also disclosed its disappointment with the company's leadership and urged a sale of the company. More at 13DTracker

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-83960741599062726052007-04-02T13:25:00.000-05:002007-04-02T13:26:11.929-05:00

AirTran Holdings, Inc. (NYSE: AAI) substantially increased its offer to purchase all of the outstanding shares of Midwest Air Group (Amex: MEH), to $15.00 per Midwest share.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-39368587482654285642007-03-30T12:56:00.000-05:002007-03-30T12:57:16.416-05:00

WR Hambrecht comments on M&A speculation surrounding Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA). The firm said, "With the news on Reuters that Merck KGaA wants 'binding offers' by the end of April and following our visit with Impax Labs' (OTC: IPXL) CFO this week, we share our thoughts about the relative probability of TEVA acquiring either or both companies."On Merck KGaA the firm said,

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-26549978779067681952007-03-30T12:55:00.003-05:002007-03-30T12:55:57.907-05:00

Blackstone, Centerbridge plan to bid for Daimlerchrysler's (NYSE: DCX) Chrysler group - Bloomberg. Blackstone, Centerbridge to signal intent today.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-23616752563413177132007-03-30T12:55:00.001-05:002007-03-30T12:55:42.121-05:00

Rumors of a Sunoco Inc. (NYSE: SUN) takeover sent shares of the company slightly higher this morning, but the shares have since backed off. According to a report from Bloomberg, trading in SUN call options was almost six times higher than normal.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com2tag:blogger.com,1999:blog-28746770.post-5039116625618160402007-03-30T12:53:00.000-05:002007-03-30T12:55:07.364-05:00

According to reports from Reuters, private equity firms Bain Capital and Blackstone Group are among the bidders for Ceridian (NYSE: CEN), citing sources. The report said two corporations are also bidding for the company, although their names were not disclosed.Bill Ackman's Pershing Square Capital hedge fund has been pushing for changes at Ceridian.In February, Ceridian announced that its Board

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-6520849209746371232007-03-29T14:50:00.002-05:002007-03-29T14:52:31.678-05:00

Prudential is reiterating their Overweight rating and maintaining $18 Price target on Great Wolf Resorts (NASDAQ: WOLF). Firm believes the stock is relatively inexpensive as they remain comfortable with their estimates and management guidance. As private equity interest remains high in the lodging/leisure space, they continue to view WOLF as a potential takeout candidate. From http://

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-64244017800136375132007-03-29T14:50:00.001-05:002007-03-29T14:50:40.971-05:00

Shares of IPSCO Inc. (NYSE: IPS) are 9% higher in early action following US Steel's (NYSE: X) buyout of Lone Star Technologies (NYSE: LSS) at a huge premium. IPSCO is a leading low cost producer of energy tubulars and steel plate in North America with an annual liquid steel making capacity of 4.3 million tons.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-66272620836779807272007-03-29T14:49:00.000-05:002007-03-29T14:50:09.034-05:00

Deutsche Bank defends UnitedHealth Group (NYSE: UNH) following 7% decline this week due to concerns on commercial MLR outlook in 1Q07 report.The firm reaffirms their Buy rating on UNH and said they should meet or modestly exceed their Q1 EPS forecast of $0.71.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-56143575577237281632007-03-29T14:40:00.000-05:002007-03-29T14:42:50.834-05:00

In response to rumors private equity firm KKR was in talks to acquire BCE, Inc. (NYSE: BCE) the company said, "there are no ongoing discussions being held with any private equity investor with respect to any privatization of the Company or any similar transaction. BCE further stated the company has no current intention to pursue such discussions."Rumors of a KKR takeover sent shares of BCE up

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-55216075446414551222007-03-28T15:27:00.002-05:002007-03-28T15:28:20.974-05:00

According to reports from the Wall Street Journal, online advertising company DoubleClick is exploring a sale and is currently in active talks with Microsoft (Nasdaq: MSFT), among others. The company may also consider an IPO.DoubleClick is majority owned by private equity firm Hellman & Friedman, which bought the company in 2005 for about $1.1 billion. Link

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-13105139719227381262007-03-28T15:27:00.001-05:002007-03-28T15:27:38.273-05:00

According to reports from TheDeal.com, NBTY Inc. (NYSE: NTY), a maker of nutritional supplements, is on the auction block and first bids are due early next month. Link $

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-89258272056319669572007-03-28T15:26:00.002-05:002007-03-28T15:27:14.972-05:00

According to reports from FT.com, Cadbury Schweppes' (NYSE: CSG) CEO, Todd Stitzer, said a merger with Hershey (NYSE: HSY) would make commercial, strategic and financial sense as the company prepares to split its confectionery and Americas Beverages businesses.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-73906342780611403402007-03-28T15:26:00.001-05:002007-03-28T15:26:47.810-05:00

According to reports from Reuters, General Motors (NYSE: GM) is not likely to make a first-round bid for DaimlerChrysler's (NYSE: DCX) Chrysler unit. The reports said GM is more likely to watch from the sidelines and may consider buying various Chrysler assets that buyout firms do not want. With GM staying out of early bidding, this would leave auto-parts supplier Magna Intl. (NYSE: MGA) and

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-52747694292742250962007-03-28T15:25:00.000-05:002007-03-28T15:26:24.694-05:00

Amdocs Ltd. (NYSE: DOX) is higher on rumors SAP AG (NYSE: SAP) could acquire the company. The rumors stem from comments by FTN Midwest analyst Doug Ashton that were mentioned at Barron's Tech Trader blog. LinkShares of Amdocs are 2.5% higher in early action.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-36734803687346756262007-03-26T14:05:00.001-05:002007-03-26T14:05:28.018-05:00

Devon Energy Corp. (NYSE: DVN) is 1.5% higher today on resurfaced takeover rumors. Volume has already eclipsed the 10 day average.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com1tag:blogger.com,1999:blog-28746770.post-39847631514573025202007-03-26T14:04:00.002-05:002007-03-26T14:05:09.675-05:00

FT.com reports Saudi Basic Industries Corporation has hired Citigroup to advise on a potential $12 billion bid to acquire General Electric's (NYSE: GE) Plastic Division.In January, GE hired Goldman Sachs to help explore the sale of the company's plastics unit.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-64569114749771130532007-03-26T14:04:00.001-05:002007-03-26T14:04:18.707-05:00

In an amended 13D filing on Riviera Holdings (AMEX: RIV), an investing group led by Paul Kanavos, Robert Sillerman, Brett Torino and Barry Sternlicht sent a letter to the company proposing to acquire the company for $27 per share.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-47262555199621405752007-03-26T14:03:00.001-05:002007-03-26T14:03:46.341-05:00

The Detroit News reports General Motors (NYSE: GM) still has a bid on the table for DaimlerChrysler's (NYSE: DCX) Chrysler division. The article states GM's bid has 3 components, but none of which include a cash payment (according to sources). The deal would include GM giving DCX a minority stake in GM with roughly less than 10% of GM stock, plus payoff $1 billion in Chrysler's health care costs

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-11776016466533512662007-03-26T14:01:00.000-05:002007-03-26T14:02:56.141-05:00

According to reports from the Wall Street Journal, Citigroup Inc. (NYSE: C) is finishing up a restructuring plan that could involve as many as 15,000 job cuts and a $1 billion charge against earnings. Link $

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-76703865334565742672007-03-20T11:22:00.001-05:002007-03-20T11:22:56.658-05:00

CNBC mentions unusual activity in Motorola Inc. (NYSE: MOT) and Archer-Daniels-Midland Co. (NYSE: ADM). Both stocks are up on heavier-than-normal volume. NOTE: We've heard questionable takeover rumors on both. MOT is an Icahn stock, so rumors are always around on the name.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-11130839195170849532007-03-20T11:20:00.002-05:002007-03-20T11:22:27.989-05:00

SAC Capital raised its stake in Icahn-target WCI Communities, Inc. (NYSE: WCI) to 9.5% and changed its filing status from 13G (passive) to 13D reflecting its more activist role in the investment. More at 13D Tracker

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-59158698445617711162007-03-20T11:20:00.001-05:002007-03-20T11:20:21.444-05:00

According to reports from the New York Post, private equity firm Apollo Management is close to a $3 billion takeover of Claire's Stores Inc. (NYSE: CLE). The paper said the deal is likely to be between $32 and $34.50 a share. Link

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-76720082325253462782007-03-20T11:19:00.001-05:002007-03-20T11:19:48.527-05:00

According to reports from Reuters, Prudential plc (NYSE: PUK) was higher in European trading on rumors American International Group (NYSE: AIG) could launch a 850 pence per share offer for the company.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-65410549207687414522007-03-20T11:18:00.000-05:002007-03-20T11:19:27.952-05:00

Reports from Unstrung.com, a Palm (Nasdaq: PALM) buyout could be finalized by Thursday, for $20 or more per share. The report said, Nokia (NYSE: NOK) is the leading vendor bidder, but Palm management is also looking to private equity buyers. Link

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-20245044211751983272007-03-20T11:17:00.000-05:002007-03-20T11:18:54.328-05:00

Reuters reports Apollo Management has submitted a $40 per share bid to acquire EGL Inc (Nasdaq: EAGL), cites sources close to the firm.(NOTE - yesterday, EAGL agreed to be acquired for $38 per share by the company's CEO-led buyout group)

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-76221753869862345812007-03-19T10:47:00.000-05:002007-03-19T10:49:59.672-05:00

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) postponed its annual meeting scheduled for March 23, 2007 until March 29, 2007 following the expressed intention of a shareholder group to takeover the board. The current board said it needs additional time to review the proposed actions of the shareholder group and also to evaluate alternative courses of actions that could potentially be

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-69660275272741711412007-03-19T10:46:00.000-05:002007-03-19T10:47:28.417-05:00

ABN AMRO Holding (NYSE: ABN) is higher on reports from the Times of London Barclays PLC has hired bankers in an attempt to buy the rival bank.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-44405821502541512392007-03-19T10:42:00.000-05:002007-03-19T10:45:58.510-05:00

WWD (Women's Wear Daily) reports Foot Locker (NYSE: FL) is preparing a bid for Genesco (NYSE: GCO). The article reports financial sources say Foot Locker is preparing a tender offer for shares of GCO between $44-46 per share and could be announced as soon as this week.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-24325038895051106132007-03-15T11:50:00.001-05:002007-03-15T11:50:55.182-05:00

Transmeridian Exploration Incorporated (AMEX: TMY) plans to review strategic alternatives for its South Alibek field in Western Kazakhstan. The field represents substantially all of the assets of the company. Strategic alternatives include the sale of a partial or complete interest in the field, a farm-in arrangement or a sale of the company in its entirety.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-52728175515230447042007-03-15T11:49:00.000-05:002007-03-15T11:50:12.727-05:00

Chapman Capital L.L.C., investment advisor to two investment funds that together own 9.3% of the Class A common shares of eSpeed, Inc. (Nasdaq: ESPD), today announced its demand that eSpeed's Board of Directors maximize shareholder value via a change-of-control transaction

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-90315312982206552912007-03-14T14:04:00.003-05:002007-03-14T14:04:50.660-05:00

According to reports at DigiTimes Tuesday, Acer is looking to make an acquisition and sources suggest Gateway (NYSE: GTW) may be a target of the company. Link

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-411317049316781122007-03-14T14:04:00.001-05:002007-03-14T14:04:28.083-05:00

According to media report, Compuware Corp. (Nasdaq: CPWR) Chairman Peter Karmanos said in an e-mail to to employees that the company risks an outside takeover unless results start improving. Karmanos said the company is considering recommendations made by an internal committee.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-41796641327066855752007-03-13T12:04:00.001-05:002007-03-13T12:04:48.211-05:00

Crystallex International (AMEX: KRY) at the request of Market Regulation Services Inc., on behalf of the Toronto Stock Exchange, Crystallex International Corporation is making the following statement concerning the increase in its stock price and trading volume which may have been influenced by recent speculation in the press concerning the possibility of Crystallex being the target of an

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-62760140144264759132007-03-13T12:02:00.000-05:002007-03-13T12:03:38.487-05:00

Cadbury Schweppes (NYSE: CSG) is 10% higher today after the comapny said Nelson Peltz and certain of his affiliates have interests in 62,465,267 Cadbury Schweppes shares, representing 2.98 % of Cadbury Schweppes' issued share capital. The stake has sparked takeover talk.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-89975664301834124482007-03-12T12:04:00.001-05:002007-03-12T12:04:37.372-05:00

Commenting on the takeover premium KKR paid for Dollar General (NYSE: DG), Deutsche Bank said if competitors Family Dollar (NYSE: FDO) and Dollar Tree Stores (Nasdaq: DLTR) were to trade at DG's takeout multiple of 12x on consensus 2007 estimates, that would imply a price of $44 for FDO and $56 for DLTR, over a 50% premium for both.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-66336407588703723802007-03-12T12:03:00.000-05:002007-03-12T12:04:06.104-05:00

According to reports from WWD.com, Foot Locker Inc. (NYSE: FL) is eying an acquisition and Genesco Inc. (NYSE: GCO) could be a good fit. The speculation follows comments from Foot Locker's CEO Matthew Serra that, "opportunities that we have looked at were aimed at acquiring businesses that would be complementary to our existing business."Brown Shoe (NYSE: BWS) and Shoe Carnival (Nasdaq: SCVL)

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-17667246205950233912007-03-12T12:02:00.000-05:002007-03-12T12:03:27.999-05:00

In a press release today on Embarcadero Technologies (Nasdaq: EMBT), 9.3% holder Chapman Capital reiterated its demand that the company's Board of Directors maximize shareholder value via a change-of-control transaction. Chapman's original 13D filing was released after the close on 03/07.Chapman Capital has determined to seek nominees to replace Class I directors Timothy C.K. Chou and Frank M.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-30295071631709810182007-03-12T12:01:00.000-05:002007-03-12T12:02:41.647-05:00

Trump Entertainment Resorts (NASDAQ: TRMP) announced the engagement of Merrill Lynch to assist the Company in the identification and evaluation of strategic corporate options including, but not limited to, capital structure, financing and value-creation alternatives.Shares of Trump Entertainment rose 7.95% on Friday on rumors of a sale.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-57951292343115369812007-03-09T11:58:00.001-05:002007-03-09T11:58:59.220-05:00

Sunterra Corporation (OTC: SNRR) is 26% higher this morning after the company acknowledged it is in discussions with Las Vegas-based Diamond Resorts, LLC regarding the possible acquisition of Sunterra.Sunterra said it has not signed an agreement yet and there be no assurance that any transaction will occur.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-77757742050870675492007-03-09T11:56:00.000-05:002007-03-09T11:58:18.531-05:00

Trump Entertainment Resorts (Nasdaq: TRMP) is higher this morning after CNBC reported the company hired a banker to explore a possible sale. The stock is 10% higher in early action.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-17515256255895211602007-03-08T15:01:00.001-05:002007-03-08T15:01:56.220-05:00

Stifel Nicolaus upgrades Barnes & Noble Inc. (NYSE: BKS) from Hold to Buy with a $43 price target. Analyst David Schick said, "Monday's lower guidance, we believe, presented conservative case or "kitchen sink" to gross margin outlook. We do expect traction for GM will take fully into FY08. But BKS is cheapest company we cover on EV/EBITDA basis. We see BKS story intact: (a) solid cash flow

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-78528948150705501392007-03-08T14:58:00.000-05:002007-03-08T15:00:10.892-05:00

New Century Financial (NYSE: NEW) under heavy pressure mid-day. The stock is down 30%. Liquidity rumors are making the rounds.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-44132923029888598912007-03-07T14:48:00.001-05:002007-03-07T14:48:59.413-05:00

Friendly Ice Cream Corporation (AMEX: FRN) retained Goldman Sachs & Co., as financial advisor, and Weil, Gotshal & Manges LLP, as legal advisor, to assist the Board of Directors in exploring strategic alternatives to enhance shareholder value, including a possible sale of the company.NOTE: Friendly Ice Cream has long been an activist target of Sardar Biglari of The Lion Fund, LP.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-3959835817043339962007-03-01T14:14:00.002-05:002007-03-01T14:15:17.147-05:00

Alcan Inc. (NYSE: AL) has moved higher in mid-day action on rumors Companhia Vale do Rio Doce (NYSE: RIO) is targeting the company in a takeover. The reports come from Brazilian newspaper, Estado de S. Paulo, which didn't site a source of the information. Shares of AL are 3.5% higher in mid-day action.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-48654831697403449612007-03-01T14:14:00.001-05:002007-03-01T14:14:36.932-05:00

Reuters reports Blockbuster (NYSE: BBI) is in talks to buy movie download service, Movielink, for under $50 million in cash and stock.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-36097278704644872592007-03-01T14:12:00.000-05:002007-03-01T14:14:09.813-05:00

Silver Lake wants to buy SAP AG (NYSE: SAP) stake from founders, WIWO reports - Bloomberg. Founder open to offers.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-79958359456701521612007-02-28T14:48:00.001-05:002007-02-28T14:48:35.777-05:00

Palm, Inc. (Nasdaq: PALM) is moving higher on resurfaced chatter the company could be the target of a takeover. A few publications are reporting on the rumors today, which got going again on 02/15. The stock is up 3.5% in mid-day action.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-28865116572779128602007-02-28T14:47:00.000-05:002007-02-28T14:48:03.684-05:00

Reports from Bloomberg, citing Nikkei English News, Mitsui & Co will buy Steel Technologies Inc. (Nasdaq: STTX) for more than $422 million. The report did not say were the information was acquired, but said an announcement is scheduled for today.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-3574499249680982352007-02-28T14:45:00.000-05:002007-02-28T14:46:42.065-05:00

Citigroup upgraded Sprint Nextel (NYSE: S) from Hold to Buy today. Citigroup analyst, Michael Rollins, says, "We are upgrading Sprint to a Buy rating with an upwardly revised target price of $25 as we believe the company is better positioned to pursue a restructuring of its marketing and operations, generate net add momentum beginning in the 2H07, and remain a potential candidate for M&A."

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-20892932112278619362007-02-26T14:21:00.002-05:002007-02-26T14:22:31.302-05:00

Dow Jones report says Magna Int'l (NYSE: MGA) has contacted major labor unions as part of the due diligence process in a decision on whether or not to bid from DaimlerChrysler's (NYSE: DCX) Chrysler unit. The report cites Canadian Auto Workers President, Buzz Hargrove, saying Magna has entered into discussions with the union regarding the study of Chrysler.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-253877821963829092007-02-26T14:21:00.001-05:002007-02-26T14:21:39.570-05:00

Deutsche Bank said the Private equity buyout of TXU (NYSE: TXU) is positive for IPP stocks. The firm sees NRG Energy (NYSE: NRG), Constellation Energy Group (NYSE: CEG), Mirant (NYSE: MIR), Exelon (NYSE: EXC) and Reliant Energy (NYSE: RRI) as the biggest beneficiaries of these more robust valuations.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-27046821285380848522007-02-26T14:20:00.001-05:002007-02-26T14:20:57.071-05:00

According to reports from the Financial Times, DaimlerChrysler AG (NYSE: DCX) may take a minority stake in General Motors (NYSE: GM) as financial consideration for a deal to merge with the Chrysler unit.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-81829635547235873842007-02-26T14:19:00.000-05:002007-02-26T14:20:09.745-05:00

Shares of Dow Chemical Co. (NYSE: DOW) are higher in pre-open action on rumors reported in the Sunday Express that the company could be the target of a leveraged buyout.The paper said the company could receive a $54 billion bid from a consortium of private equity buyers that could include KKR, Blackstone and Carlyle Group. The bid could come in at $60 per share the paper reported.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-14731887275679414232007-02-22T15:12:00.002-05:002007-02-22T15:13:12.741-05:00

STMicroelectronics NV (NYSE: STM) is 2.5% higher today on heaiver-than-normal volume on rumors the company is the target of a takeover bid.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-56748990023529188382007-02-22T15:12:00.001-05:002007-02-22T15:12:40.428-05:00

Daniel S. Loeb's Third Point LLC sent a letter to Acorda Therapeutics (Nasdaq: ACOR) stating the Board of Directors should immediately retain an investment bank and pursue a process to sell the Company in its entirety

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-30930901523295569192007-02-22T15:11:00.000-05:002007-02-22T15:12:09.309-05:00

Davenport notes that late yesterday speculation emerged that Aristocrat may look to acquire Bally Technologies (NYSE: BYI). Analyst George L Smith III said, "While we typically do not comment on speculation and have no idea if this has any merit, it does draw attention to M&A feasibility in the space and we do think such a combination could make sense on a number of levels. Moreover, we continue

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-73432324155152031822007-02-22T15:10:00.000-05:002007-02-22T15:11:33.950-05:00

In a 13D filing after the close on Laureate Education, Inc. (Nasdaq: LAUR) Select Equity Group disclosed a letter sent to the Board of Directors expressing their reservations about the management-led buyout transaction at $60.50 per share.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-31371752695471682982007-02-22T15:09:00.000-05:002007-02-22T15:10:23.722-05:00

Jupitermedia Corporation (Nasdaq: JUPM), in response to recent market activity and published news, confirmed that it is currently in discussions with Getty Images, Inc. (NYSE: GYI) regarding a potential sale of the company to Getty Images in a cash transaction that would be valued at $9.60 per share.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-88209912688547972592007-02-22T15:08:00.002-05:002007-02-22T15:09:42.063-05:00

On Mad Money, Jim Cramer discusses possible anti-competitive mergers that could pass regulatory mustard now, but may not in the future with a White House administration change. Cramer said we may see a rush of deals ahead of the change.10. Kroger Co. (NYSE: KR) and Safeway Inc. (NYSE: SWY) could merge9. Quest Diagnostics Inc. (NYSE: DGX) and Laboratory Corp. (NYSE: LH) could merge8. Carnival Corp

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-28770511405564746742007-02-22T15:08:00.001-05:002007-02-22T15:08:45.634-05:00

In a 13D filing on LESCO Inc. (Nasdaq: LSCO) 13.6% holder Hawkshaw Capital disclosed a letter to the company expressing their dissatisfaction with the $14.50 takeover offer from Deere & Co. (NYSE: DE). The firm said the intrinsic value is significantly higher than what Deere & Co. is offering.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-32870899185310696082007-02-21T17:40:00.000-05:002007-02-21T17:42:58.684-05:00

In a note this afternoon from KeyBanc on Magna International (NYSE: MGA), analyst Brett Hoselton notes that a source at Toronto's Financial Post said MGA may be considering acquiring the Chrysler group from DaimlerChrysler (NYSE: DCX). The analyst views this as a low probability event.Magna International is an auto-parts maker based in Ontario.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-47487402749471962482007-02-21T16:44:00.002-05:002007-02-21T16:45:55.941-05:00

ValueAct Capital offers to acquire Catalina Marketing (NYSE: POS) for $32 per share. ValueAct owns 15.5% of POS.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-84715740202160207342007-02-21T16:44:00.001-05:002007-02-21T16:44:51.153-05:00

According to reports from Haaretz.com, controlling shareholders of ECI Telecom (Nasdaq: ECIL) are negotiating to sell the company, citing sources close to the talks. Link

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-37433306688272283112007-02-21T16:43:00.000-05:002007-02-21T16:44:20.922-05:00

CSK Auto Corp (NYSE: CAO) 9.4% holder Karsch Capital Management sent another letter to the Board in which it revised the timing of its request that the company actively pursue a sale of the entire company.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-39342085457392191642007-02-21T16:42:00.000-05:002007-02-21T16:43:48.920-05:00

Citigroup issued a report discussing 11 LBO ideas.Analog Devices (NYSE: ADI): the firm said, "ADI has LBO/divestiture and LBO/re-IPO value creation potential because it has partitioned business segments with mismatched profitability."Maxim Integrated Products (Nasdaq: MXIM): the firm said, "We view Maxim Integrated as a possible transaction candidate given its scale, the unusual stability and

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-48289549921032151842007-02-21T16:41:00.002-05:002007-02-21T16:42:08.285-05:00

Shares of ABN AMRO Holding N.V. (NYSE: ABN) are 6% higher in pre-open action after London-based fund, The Children's Investment Fund, urged the company to actively pursue the potential break up, spin-off, sale or merger of its various businesses (or as a whole). The firm sees a "sum of the parts" value in excess of EUR 30 per share.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-41968950982321937742007-02-21T16:41:00.001-05:002007-02-21T16:41:35.718-05:00

According to reports from the New York Post, Getty Images (NYSE: GYI) is in advanced talks to acquire Jupitermedia Corp. (Nasdaq: JUPM) in a deal that could be worth more than $11 per share

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-63186222338665206912007-02-20T15:10:00.001-05:002007-02-20T15:10:52.878-05:00

Stifel Nicolaus defends Build-A-Bear Workshop Inc. (NYSE: BBW) following weak results and guidance. Analyst David Schick said, "Buy this stock. Yes, we know, comp is worsening against easing comparisons - that's not good. But we think either (a) improving momentum and tie-in learnings or (b) go private will be the outcomes from here."Schick also said, "BBW makes good margin and great cash flow

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-77798100942679762372007-02-20T15:09:00.000-05:002007-02-20T15:10:08.221-05:00

Deutsche Bank comments on Hanson plc (NYSE: HAN) following Vulcan (NYSE: VMC) / Florida Rock (NYSE: FRK) deal. The firm said, "The deal has very positive implications for Hanson. It is the last heavy building materials company with a 100% free float in Europe. It has been the subject of persistent bid speculation (see our previous bulletins). Following the Vulcan-Florida Rock deal, two possible

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-51616111747562758652007-02-20T15:07:00.000-05:002007-02-20T15:08:21.702-05:00

Bear Stearns Companies Inc. (NYSE: BSC) is higher on resurfaced chatter the company could be the target of a takeover target. Dealbreaker.com speculates JP Morgan's (NYSE: JPM) James Dimon could be targeting the company. Link

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-24251544416461760272007-02-20T15:06:00.000-05:002007-02-20T15:07:44.873-05:00

The Board of Directors of Converium (NYSE: CHR), who is being advised by Credit Suisse and JPMorgan, has carefully considered an unsolicited proposal by SCOR, over the weekend, to acquire Converium at CHF 21.- per share. The Directors are unanimous in their rejection of this proposal, which they believe fundamentally fails to recognise the value of Converium's franchise and growth prospects, and

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-45778981312206720992007-02-16T11:44:00.002-05:002007-02-16T11:45:19.028-05:00

GM (NYSE: GM) In Talks To Purchase Chrysler Group (NYSE: DCX) - Report - DJ

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-27804881837614253552007-02-16T11:44:00.001-05:002007-02-16T11:44:48.044-05:00

Soleil Securities comments on Vonage (NYSE: VG) saying its Equalweight rating on the company is really an Underweight on the business with an Overweight on the potential for a takeout. Also said $3.23 of cash sets a near-term floor. Analyst Gregory H. Lundberg said, "VG trades at an EV/sub of $307, which is approaching a typical subscriber acquisition cost; acquiring VG may be cheaper and faster

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-76552613310634879262007-02-16T11:43:00.000-05:002007-02-16T11:44:00.642-05:00

Bear Stearns out with an interesting note, saying that they think both XM Satellite (NASDAQ: XMSR) and Sirius (NASDAQ: SIRI) believe a proposed merger could likely pass the regulatory hurdles, which they think would push them to attempt a merger.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-34610566234531343432007-02-16T11:40:00.000-05:002007-02-16T11:41:38.559-05:00

BusinessWeek's Inside Wall Street column discusses rumors AMR (NYSE: AMR), the parent of American Airlines, is a buyout target of a group that includes Goldman Sachs (NYSE: GS) and British Airways (NYSE: BAB) in a deal that could be worth $46-$52 per share.NOTE: A follow-up report from Reuters said the two have no plans to bid for AMR, citing sources familiar with the matter.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-77143847081070946082007-02-14T11:55:00.002-05:002007-02-14T11:56:40.064-05:00

Shares of Dollar Thrifty Automotive Group Inc. (NYSE: DTG) are higher today on rumors reported in the New York Times, the company is in takeover discussions with Vanguard Car Rental, which owns National and Alamo, in a deal valued at more than $3 billion.If the deal is completed it would create the third-largest rental car company in the US, behind Enterprise Rent-a-Car and Hertz Global Holdings

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-33593528181927521342007-02-14T11:55:00.001-05:002007-02-14T11:55:25.324-05:00

Occidental Petroleum Corp. (NYSE: OXY) is about 2.5% higher on rumors the company could be the target of a takeover bid.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-10517774711883856102007-02-14T10:28:00.000-05:002007-02-14T10:31:11.134-05:00

Shares of Daimlerchrysler AG (NYSE: DCX) are higher on rumors the company could sell or spin-off the Chrysler unit. The company said no options will be excluded in the Chrysler revamp.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0tag:blogger.com,1999:blog-28746770.post-72047958485580697402007-02-14T10:27:00.000-05:002007-02-14T10:28:09.186-05:00

According to reports from Bloombeg, Israeli software maker Retalix Ltd. (Nasdaq: RTLX) was higher on speculation VeriFone (NYSE: PAY) is looking at acquiring the company. The stock rose as much as 9.5% in Tel Aviv on the rumors.

Lonhttp://www.blogger.com/profile/10722518598133370742noreply@blogger.com0