Market Rumors 06/14

June 14, 2007 3:06 PM EDT

Market Rumors:

Sunrise Senior Living Inc. (NYSE: SRZ): Hedge fund Millennium Partners, L.P. called on the Sunrise Board to take prompt action either to sell the company or to replace management.

Syntax-Brillian Corporation (Nasdaq: BRLC): Brean Murray said the stock has traded down in recent days on unsubstantiated rumors that Circuit City (NYSE: CC) is phasing out Olevia TVs and Sony's (NYSE: SNE) plan of selling TVs into Wal-Mart (NYSE: WMT). The firm said Circuit City is not only continuing but also expanding orders and said Sony TVs are in a different price range.

Banco Bilbao Vizcaya Argentaria (NYSE: BBV): Rumors Mexican billionaire and the world's second-richest man, Carlos Slim, was buying a stake in the company. A Slim representative denied the speculation.

NYMEX Holdings (NYSE: NMX): Takeover speculation following Chicago Mercantile Exchange (NYSE: CME) sweetened bid for CBOT Holdings (NYSE: BOT), which puts into question InterContinental Exchange (NYSE: ICE) hostile bid for CBOT. Market talk is centering around a possible NYMEX/ICE hook-up or the possibility of NYSE Euronext (NYSE: NYX) entering the mix to acquire one of the exchanges.

Chaparral Steel Company (Nasdaq: CHAP): Increased takeover speculation. In April the company hired Goldman Sachs to review options.

Starwood Hotels & Resorts Worldwide (NYSE: HOT): Takeover talk continues and is heating up.

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