Updated throughout the day.
Short covering may have driven Palm’s (NASDAQ: PALM) price up after the Hewlett-Packard (NYSE: HPQ) offer. (Barron’s)
“Omers, the Canadian pension fund, is close to agreeing its first European buy-out since opening a London office six months ago, after it emerged as the favourite to buy Inchcape Shipping Services, the port and shipping agent.” (FT)
“Goldman Sachs is in talks over a potential settlement with an investor that claims that it lost money and went out of business after buying into a $1bn (£660,000) mortgage-backed security.” (FT)
Goldman Sachs Group (NYSE: GS) may try to settle charges by the SEC (NYPost)
Douglas A. McIntyre
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