Wall Street Hubbub 9/28: Cook Denies Rumors He Will Leave Apple, F5 Getting Too Expensive To Get Bought, Monsanto Slammed On Super Seed Problem, New Spitzer Movie "Client 9"
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Price: $169.89 +0.51%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
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Below is a summary of the latest gossip and rumors on Wall Street:
- Apple (Nasdaq: AAPL) dropped 5 percent as trading started today on rumors COO Tim Cook would leave to become the new CEO of HP (NYSE: HPQ). Cook denied this when asked by a Wall Street analyst over coffee. Shares of AAPl closed down about 1.4 percent.
- Analysts at Citigroup said F5 Networks, Inc. (Nasdaq: FFIV) and Riverbed Technology, Inc. (Nasdaq: RVBD) may be too expense to get acquired.
- Monsanto Co. (NYSE: MON) sunk over 8 percent today on concerns that corns yields from the company's new SmartStax seeds are weaker-than-expected.
- Potential suitors for Brocade (Nasdaq: BRCD) could be drying up.
- In its assumed coverage of Open Text (Nasdaq: OTEX) today, analyst at Wedbush said the company is an attractive takeout candidate for SAP AG (NYSE: SAP).
- Unsubstantiated takeover talks surrounded: Avon Products (NYSE: AVP), Dean Foods (NYSE: DF), Hartford Financial (NYSE: HIG), NutriSystem (Nasdaq: NTRI), and Range Resources (NYSE: RRC)
- The rise and fall of former-New York Governor Eliot Spitzer is depicted in a new movie "Client 9". See trailer below:
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