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Morning Movers 6/1: EVVV, MCCC, PANL, HEV, PUK Higher...By admin on June 1st, 2010 | No Comments
ev3, Inc. (Nasdaq: EVVV) 17.5% HIGHER; Covidien plc (NYSE: COV) to acquire ev3 for $2.6 billion. Click here for the full report. Mediacom Communications (Nasdaq: MCCC) 16.3% HIGHER; received a non-binding proposal from Mediacom’s founder, Chairman and CEO, Rocco Commisso, for a going private transaction. The proposal contemplates the acquisition ... -
Notable Analyst Rating Changes 06/01: LVS, GENZ, V, C...By admin on June 1st, 2010 | No Comments
UPGRADES Janney Montgomery Scott upgrades Las Vegas Sands (NYSE: LVS) to Buy. Click Here for more color. J.P. Morgan upgrades Genzyme (Nasdaq: GENZ) from Underweight to Neutral , with a price target increased from $45 to $50. Stifel Nicolaus upgrades Visa (NYSE: V) from Hold to Buy. Goldman Sachs upgrades Camden Property Trust (NYSE: CPT) from Ne... -
Notable Mergers and Acquisitions of the Day 06/01: CO...By admin on June 1st, 2010 | No Comments
Covidien PLC (NYSE: COV) announced Tuesday that it has agreed to buy vascular device manufacturer ev3 Inc. (NASDAQ: EVVV) in a $2.6 billion cash deal that will continue the company’s move to remake its business. Details of deal will see Covidien pay $22.50 for each share of ev3, representing a premium of 19 percent over the closing price of the ... -
Wall Street lower on mixed dataBy admin on June 1st, 2010 | No Comments
US stocks bounced around the flat line but closed lower on the day, as the day’s mixed macroeconomic data gave support to both the bulls and the bears ... -
Investors turn to BG for safety as BP dropsBy admin on June 1st, 2010 | No Comments
Investors were looking for a haven as BP alone dragged the Footsie into negative territory ... -
Europe rebounds on unemployment dataBy admin on June 1st, 2010 | No Comments
Investors fled from mining and commodity stocks after eurozone manufacturing figures failed to impress but markets later rallied, buoyed by jobs data ... -
Fears for Chinese growth weigh on Asia stocksBy admin on June 1st, 2010 | No Comments
Shares fell for the first time in five sessions as the new trading month got off to a faltering start on fears over slowing Chinese growth and political uncertainty in Tokyo ... -
From short selling to long frothy lattesBy admin on June 1st, 2010 | No Comments
A new commodity is set to be traded on the floor of the New York Stock Exchange from Wednesday – lattes ... -
Phoenix buy-out fund raises £450mBy admin on June 1st, 2010 | No Comments
Phoenix Equity Partners will shrug off the tough fundraising climate for private equity by announcing that it has surpassed its £375m target to hit its hard cap limit ...
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