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Shares of Barclays PLC (NYSE:BCS) have gained 4.17 percent as of this afternoon. The bank’s Chairman Marcus Agius quit on Monday, saying that the recent Libor scandal was “a devastating blow” to Barclays’ reputation and “the buck stops with me.” Last week, Barclays was fined $453 million by regulators for rigging interest rates related to mortgages, credit cards and credit default swaps.
Dell Inc. (NASDAQ:DELL) shares have declined 0.92 percent in Monday trading. The computer company announced it will buy enterprise management software maker Quest Software for $2.4 billion in cash, or $28 per share.
Bristol-Myers Squibb Co. (NYSE:BMY) shares have edged lower .06 percent Monday afternoon. The pharmaceutical giant said it will purchase Amylin Pharmaceuticals Inc. (NASDAQ:AMLN) for about $5.3 billion in cash. The move is to help Bristol-Myers expand its portfolio of diabetes treatments. Shares of Amylin surged more than 8 percent on the news.
Facebook (NASDAQ:FB) shares faded 0.95 percent as of Monday afternoon. A recent report indicates that the social-media company has decided firmly on remaining with the Nasdaq exchange, after the Nasdaq IPO debut debacle in May caused the company to have second thoughts.
Investor Insight: Analysts to Facebook Investors: Don’t Think Twice It’s Alright…
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