Updated throughout the day
Astellas Pharma may have competing bids in it effort to takeover OSI Pharmaceuticals (NYT)
The FDIC will sell $1.8 billion of guaranteed asset-backed debt (IFR).
Diageo could bid as much as 624 million pounds to buy Sichuan Shui Jing Fang, the fourth largest spirits company in China (Reuters)
The Senate Banking Committee is close to a compromise on bank reform which would put consumer watchdog powers with the Fed (CNBC)
News Corp (NWS) may make a bid for Monster (MWW) (Barron’s)
Dendreon’s (DNDN) prostrate drug Provenge may be reviewed by an FDA advisory panel (TheStreet)
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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