(ADSK) Autodesk filed its financial statements and will take $34.8 million charges over the review period for its stock options.
(AMGN) Amgen paid 4420 to acquire Ilypsa, a private biotech with kidney drug that has completed Phase II trials.
(AVAYA is being bought for $17.50 by Silver Lake and TPG private equity group for more than $8 Billion.
(BBBY) Bed Bath & Beyond traded down 6% after earnings warning.
(C) Citigroup would be worth 17% more if the company broke itself into 5 units according to Cramer.
(CEDC) Central European Dist announces new distribution contract with Poland’s largest gas station chain, effective from June 1st.
(ENB) Enbridge in new pipeline assessment pact with Exxon over a potential pipeline from Illinois to Texas.
(ERIC) Ericsson offered 310 million Euros to acquire LHS AG for up to 55.1% of share capital.
(EURX) Eurand received 41 million from GlaxoSmithkline over an undisclosed compound.
(FCEL) Fuel Cell -$0.32 EPS vs -$0.37 estimates.
(FMP) Feldman Mall Properties is exploring strategic alternatives.
(NVD) Novadel reported positive oral spray results compared to Ambien.
(OPWV) Openwave voted against the ‘takeunder’ offer; cutting 20% of workforce; will pay $100M dividend.
(PICO) Pico Holdings resolved Indian tribe dispute over water import for 8,000 acre feet ground water transport per day.
(RAD) Rite-Aid positive again according to Cramer.
(TELK) Telik announces clinical hold by FDA on TELCYTA trials; stock down 4%.
(VIP) Vimpel Comm won arbitration pact in suit against Telenor.
Jon C. Ogg
June 5, 2007
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