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Wall Street Hubbub 9/14: Radware (RDWR) Soars On Possible Sale, Restaurant LBO Candidates Discussed, New CEO Rumors Boosts HP (HPQ)

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September 14, 2010 3:12 PM EDT
Rumors have a special place on Wall Street. Some are loved, some are hated and some are just laughed at. Below is some of the chatter going around the Street today.

  • Shares of Radware Ltd. (Nasdaq: RDWR) surged over 35 percent mid-day after reports surfaced the company could sell itself to HP (NYSE: HPQ) or IBM (NYSE: IBM) for as much as $1 billion for the company, or around $45/share.

  • Apple (Nasdaq: AAPL) could have a new iPad for the Holidays.

  • Deutsche Bank discussed possible LBO candidates in the Restaurant sector. Stokcs that screen the best are Buffalo Wild Wings (Nasdaq: BWLD), Ruth's Hospitality Group (Nasdaq: RUTH), Wendy's/Arby's Gruop (NYSE: WEN), Texas Roadhouse (Nasdaq: TXRH).

  • Cisco (Nasdaq: CSCO) said it will initiates a dividend in 2011 with a starting yield between 1-2%.

  • HP (NYSE: HPQ) was on the rise on rumors a new CEO announcement was imminent. The stock backed off the highs as the rumor seems unlikely, although it is still up 3.3%.

  • According to reports from PEHub, the recent rumors about Saks (NYSE: SKS) being acquired are false.

  • Schlumberger Limited (NYSE: SLB) was under pressure today on talk that the company could take down guidance soon. Shares down 2.5 percent.

  • Rumors BlackRock, Inc. (NYSE: BLK) shelf filing could be related to a share sale from BofA (NYSE: BAC).

  • Unsubstantiated takeover rumors also surrounded Hansen Natural (Nasdaq: HANS), Oshkosh Truck (NYSE: OSK), MetroPCS Communications (NYSE: PCS), Qlogic Corp. (Nasdaq: QLGC), and Skechers USA Inc. (NYSE: SKX).

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