Top 10 News Items 6/1-6/5: GM IS BANKRUPT; Jobs Report Comes in Much Better-Than-Expected; Equity Offerings Still All The Rage Jun 5, 2009 06:06PM

Here is a recap of the top news items from this week on Wall Street:

1. The long-awaited bankruptcy of General Motors' (NYSE: GM) (OTC: GMGMQ) is finally upon us and the U.S. government will pitch in another $30 billion of taxpayer money to assist in supporting the 'New GM', or what ...


Unusual 11 Mid-Day Movers 6/4: NVAX, WIND, SYMX, OCLS Higher; OMEX, OPTV, ANF, DVAX Lower Jun 4, 2009 01:09PM

Novavax, Inc. (Nasdaq: NVAX) 46% HIGHER; and the Division of Microbiology and Infectious Diseases of the National Institute of Allergy and Infectious Diseases, National Institutes of Health (NIH) have signed an agreement to cooperate in the evaluation of a virus-like particle vaccine candidate against the novel influenza A (H1N1) virus. Novavax has produced influenza A (H1N1) VLP vaccine against the strain recommended by the Centers for Disease Control and Prevention.

Wind River Systems Inc (Nasdaq: WIND) 44% HIGHER; Intel Corporation (Nasdaq: INTC) has entered into a definitive agreement to acquire Wind River under which Intel will acquire all outstanding Wind River common stock for $11.50 per share in ...


Notable Mergers and Acquisitions of the Day 6/4: INTC/WIND, COWN, GD/AXYS Jun 4, 2009 09:46AM

Intel Corporation (Nasdaq: INTC) has entered into a definitive agreement to acquire Wind River Systems Inc (Nasdaq: WIND) under which Intel will acquire all outstanding Wind River common stock for $11.50 per share in cash, or approximately $884 million in the aggregate.

Shares of Wind River closed at $8 per share yesterday.

The acquisition will deliver to Intel robust software capabilities in embedded systems and mobile devices, both important growth areas for the company.

The board of directors of Wind River has unanimously ...