- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
The shareholder advisory group ISS is backing the proposed merger of Glencore International (GLCNF.PK) and Xstrata (XSRAF.PK)(XSRAY.PK), which gives prospects for the transaction a boost. ISS supports the new terms of the $80 billion deal, and also takes back some of its earlier comments, but the group recommends against payouts that Xstrata has put in place in order to keep its most senior executives.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Shares of the grocery chain Supervalu (NYSE:SVU) spiked before the Friday close on chatter that Cerberus Capital is in discussions to acquire all shares in the firm, so as to merge its operations with Albertson’s stores. Prior to this, Supervalu had announced a review of strategic alternatives and is now in active dialogue with a number of parties after having received several indications of interest.
Don’t Miss: Can Vertex Overcome Plunging Sales?
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.