Market Rumors 05/31

May 31, 2007 3:25 PM EDT

Market Rumors:

Jo-Ann Stores Inc. (NYSE: JAS): Reports from TheDeal.com the company could fetch $1 billion in a buyout

Opsware Inc. (NASDAQ: OPSW): Deutsche Bank upgraded the stock to Buy and said it is a strong candidate for a takeover.

Dow Jones & Co. Inc. (NYSE: DJ): The company's largest outside holder T.Rowe Price thinks the News Corp. offer is attractive and should be considered.

Cleveland-Cliffs Inc. (NYSE: CLF): Cramer mentions recent takeover rumors that have been swirling around the stock.

Kraft Foods (NYSE: KFT): Rumors Warren Buffett could be accumulating the stock

Landry's Restaurants (NYSE: LNY): Takeover speculation

Genesco Inc. (NYSE: GCO): Rejects Foot Locker's (NYSE: FL) latest bid and will explore strategic alternatives with advisor Goldman Sachs. Foot Locker abandoned its bid following the latest rejection.

International Rectifier (NYSE: IRF): Rumors the company is an attractive target for a strategic takeover bid.

Take-Two Interactive Software (NASDAQ: TTWO): Renewed takeover speculation.

ValueClick (NASDAQ: VCLK): The CEO change at the company has tempered recent buyout speculation.

Raymond James (NYSE: RJF): Rumors the company could be the next broker to be bought out following Wachovia's (NYSE: WB) deal to acquire A.G. Edwards (NYSE: AGE). Raymond James said it is committed to staying independent.

Jefferies Group (NYSE: JEF): Takeover speculation following Wachovia's(NYSE: WB) deal to acquire A.G. Edwards (NYSE: AGE).

OfficeMax Inc. (NYSE: OMX): Continued takeover speculation. Recent speculation has centered around larger rivals Staples (Nasdaq: SPLS) or Office Depot (NYSE: ODP) buying the company.

HJ Heinz (NYSE: HNZ): Commenting on recent takeover rumors in a CNBC interview, CEO William Johnson said the rumors are likely a product of the company's performance and attractive valuation. Johnson said, " We haven't really been talking with anyone."

Yahoo! Inc. (NASDAQ: YHOO): Jim Cramer suggests Yahoo! and eBay (Nasdaq: EBAY) should merge

Group 1 Automotive (NYSE: GPI): Rumors AutoNation (NYSE: AN) could buy the company.

Starwood Hotels & Resorts Worldwide (NYSE: HOT): Resurfaced takeover rumors.

Bristol-Myers Squibb (NYSE: BMY): Renewed speculation Sanofi (NYSE: SNY) could buy the company.

NAVTEQ Corp. (NYSE: NVT): speculation the company could be a private equity takeover target, as suggested by a William Blair analyst. The firm doesn't think partner Google (Nasdaq: GOOG) would buy the company

Guitar Center (Nasdaq: GTRC): Continued takeover speculation. FT.com says the auction for the company is in advanced stages.

BCE Inc (NYSE: BCE): Reports Pacific Century Group Joins Cerberus Consortium In Possible BCE Bid.


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Stocks Mentioned

AGE 83.75

+0.00 +0.00%
Volume: 0
Track AGE

AN 18.98

+0.22 +1.17%
Volume: 997,540
Track AN

BCE 25.83

+0.04 +0.16%
Volume: 227,079
Track BCE

BMY 23.28

-0.06 -0.26%
Volume: 3,334,589
Track BMY

CLF 39.22

+1.36 +3.59%
Volume: 1,923,323
Track CLF

DJ 1.35

-0.08 -5.59%
Volume: 30,671
Track DJ

EBAY 23.60

+0.17 +0.73%
Volume: 5,236,109
Track EBAY

FL 10.99

+0.02 +0.18%
Volume: 570,133
Track FL

GCO 27.64

-0.36 -1.29%
Volume: 52,781
Track GCO

GOOG 572.06

+5.30 +0.94%
Volume: 1,106,189
Track GOOG

GPI 27.53

+0.52 +1.93%
Volume: 313,395
Track GPI

GTRC 62.87

+0.00 +0.00%
Volume: 0
Track GTRC

HNZ 42.16

+0.21 +0.50%
Volume: 670,020
Track HNZ

HOT 33.71

+0.61 +1.84%
Volume: 1,288,084
Track HOT

IRF 19.07

+0.38 +2.03%
Volume: 183,283
Track IRF

JAS 32.03

+0.73 +2.33%
Volume: 103,071
Track JAS

JEF 28.54

+0.36 +1.28%
Volume: 598,757
Track JEF

KFT 26.88

+0.08 +0.30%
Volume: 3,268,971
Track KFT

LNY 15.55

+0.07 +0.45%
Volume: 42,135
Track LNY

NVT 0.00

-77.97 -100.00%
Volume: 0
Track NVT

ODP 6.57

+0.11 +1.70%
Volume: 1,752,595
Track ODP

OMX 12.36

-0.03 -0.24%
Volume: 491,647
Track OMX

OPSW 14.24

+0.00 +0.00%
Volume: 0
Track OPSW

RJF 26.14

+0.12 +0.46%
Volume: 274,175
Track RJF

SNY 37.83

-0.06 -0.16%
Volume: 451,268
Track SNY

SPLS 22.25

-0.06 -0.27%
Volume: 2,298,344
Track SPLS

TTWO 11.61

+0.05 +0.43%
Volume: 366,771
Track TTWO

VCLK 10.41

+0.06 +0.58%
Volume: 134,333
Track VCLK

WB 5.54

+0.00 +0.00%
Volume: 79,673,174
Track WB

YHOO 16.03

-0.01 -0.06%
Volume: 6,078,342
Track YHOO


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