(ANSW) Answers may be an indicated Internet takeover target according to “TheDeal.Com”; shares trading up 2.2%.
(CBI) Chicago Bridge & Iron won a $775M LNG pact in Chile.
(CELG) Celgene up 2% on positive multiple myeloma study data presented at ASCO.
(CRAY) Cray trading down over 15% on lowered guidance.
(CSIQ) Canadian Solar Inc. trading up 2.5% on partnership with City Solar AG on large solar projects in Spain and Germany.
(DIGE) Digene up 34% after being acquired by QIAGEN (QGEN).
(DNA) Genentech trading down 0.5% after ASCO data presentation.
(DNDN) Dendreon shares trading down 5% after it announced a $75 million convertible note offering in a private placement.
(EMU) Energy Metals Corp. is being acquired for some $1.5 billion by SXR Uranium.
(GE) General Electric noted as potentially going to $50.00 according to Barron’s.
(HTV) Hearst-Argyle TV reached a select content pact with Google’s YouTube.
(MEH) Midwest Air holders received a recommendation from Glass Lewis to not vote for Midwest Air nominees and instead vote in favor of the Airtran nominees.
(NVT) Navteq noted as potential Microsoft or Google buyout target, but he said this is pure speculation rather than news or even rumors.
(ONXX) Onyx Pharma trading up over 5% on ASCO data showing that liver cancer patients survived 3 months longer on Nexxvar.
(PALM) Palm is selling a 25% stake to Elevation Partners for $325 million; shareholders receive a $940 million distribution; shares up 11%.
(SCHL) Scholastic is using $200 million for an accelerated share buyback via Deutsche Bank.
(SLR) Solectron trading up 16% on news that it is merging with Flextronics (FLEX) in either cash ($3.89) or stock (0.345 FLEX shares).
(SNE) Sony announced price cuts on their new Blu-ray DVD players.
(WMT) Wal-Mart trading up 1.5% on 4 upgrades after Friday data at shareholder meeting.
Jon C. Ogg
June 4, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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