Market Rumors 05/16
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Market Rumors 05/16
Daimlerchrysler AG (NYSE: DCX); CEO Dieter Zetsche tells the WSJ that management would work hard to ensure the company itself was not a takeover target, after shedding the under-performing Chrysler unit
Computer Sciences (NYSE: CSC): rumors the company received a bid from a private equity firm.
Apple Inc. (Nasdaq: AAPL): reports from Engadget the iPhone launch date would be delayed until October. An update from Engadget later said the original document on the delay was false and the launch is still on track for June.
Clorox Co. (NYSE: CLX): takeover speculation.
AdStar (Nasdaq: ADST): BWS Financial says a Yahoo! deal seems imminent following deal with Journal Register, announced yesterday
United States Cellular (NYSE: USM): continued takeover speculation
24/7 Real Media Inc. (Nasdaq: TFSM): more takeover speculation
Citigroup Inc. (NYSE: C): Rumors Eddie Lampert could push for a split-up of the company or ouster of CEO Price following buying a 15M share stake.
OfficeMax Inc. (NYSE: OMX): continued takeover speculation. Bear Stearns says the company makes an interesting buyout target.
Quanex Corporation (NYSE: NX): has initiated a review of strategic alternatives with respect to its Building Products group.
Olin Corp. (NYSE: OLN): Takeover speculation
Bausch & Lomb (NYSE: BOL): rumors of a higher bid following this mornings $65 takeover offer from private equity firm Warburg Pincus
Circuit City (NYSE: CC): LBO speculation
The Cooper Companies Inc. (NYSE: COO): rumors its could be next following Bausch & Lomb takeover
H&R Block (NYSE: HRB): Cramer said the company could be "taken-out" at any time
Wendy's International (NYSE: WEN): Rumors a bid could be announced following strategic review. Other reports suggest company not fully committed to sell.
Netgear Inc. (Nasdaq: NTGR): Takeover speculation.
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