Read Trending Stories
- » Ultimate Market Recap: Talbots Tanks, Facebook Fiasco Continues
- » Are Facebook Losses Bigger Than Initially Thought?
- » Consumer Business Recap: Toyota Needs Emerging Markets, Wal-Mart's Express Update
- » Consumer Biz Recap: Talbots CRASHES HARD, Time Warner Eyes Sports Website
- » Your Cheat Sheet to Apple's Week of Stock Moving News
Today's Trending Stocks
Click a Company to Research Now:
- Bank of America (BAC)
- Apple . (AAPL)
- Facebook (FB)
- AT&T (T)
- Nokia (NOK)
- Delcath Systems (DCTH)
- Mentor Graphics Corp (MENT)
- Complete Genomics (GNOM)
The board of Alexa Life Sciences (PINK:AFXSF) has unanimously backed an all-cash takeover offer from Valeant Pharmaceuticals (NYSE:VRX) after the company raised its bid to trump a competing offer from Paladin Labs (PINK:PLDLF).
Hot Feature: Declining Wages Hurt Consumer Spending, Economic Recovery
Pharmaceutical Product Development (NASDAQ:PPDI) has confirmed that it will go private, agreeing to an all-cash buyout offer for $3.9 billion from Carlyle Group and Hellman & Friedman. The private equity firms will pay $33.25/share, a 30% premium on the stock’s closing price Friday.
Dollar Thrifty (NYSE:DTG) is considering an acquisition bid from Hertz (NYSE:HTZ), which could be increased to $70 per share, according to analysts. The current bid would give Dollar Thrifty investors a 16% return.
Intel (NASDAQ:INTC) agreed Sunday to buy Telmap, an Israeli maker of map software, for an undisclosed price. However, Israeli media are reporting that the deal is worth $300 million to $350 million, according to Reuters.
Yahoo (NASDAQ:YHOO) shares are climbing after Alibaba CEO Jack Ma expressed his interest in buying the company.
AGCO Corp. (NYSE:AGC) has agreed to buy GSI Holdings for $940 million in a deal expected to close by year’s end.
Don’t Miss: Air Freight and Passenger Traffic Dip This Much in August
Barclays (NYSE:BCS) and Bank of America (NYSE:BAC) are reportedly considering selling their combined 53% stake in apartment company Archstone, worth roughly $2 billion to $3 billion.
ACI Worldwide (ACIQ) has acquired banking software firm S1 (NASDAQ:SONE) at $6.62 per share in cash and 0.1064 shares of ACI stock per S1 share, finally closing a deal that has been in the works since July.
Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!


