The possible takeover news has resulted in the shares in Life Technology gaining more than 10 percent to $60.79.
Sectors
AT&T to Buy U.S. Retail Wireless Business of Atlantic Tele-Network
AT&T will purchase the operations in an all-cash transaction valued at approximately $780 million (Photo : REUTERS)Reflections are seen in the window of an AT&T store in New York Atlantic Tele-Network, Inc.
TD Ameritrade Q1 profit falls but assets soar
TD Ameritrade said quarterly net income fell 3.4 percent from a year earlier but beat analysts' expectations on record new assets from clients.
Intuit Responds to Court Decision Barring IRS From Regulating Tax Preparers
Intuit responded today to a decision of the U.S. District Court for the District of Columbia that prevents the Internal Revenue Service from regulating non-professional tax return preparers.
Progenics buys Molecular Insight Pharmaceuticals
Progenics Pharmaceuticals today announced that it has acquired Molecular Insight Pharmaceuticals Acquires Molecular Insight Pharmaceuticals to expand oncology-focused pipeline Exchanged about 4.
Latest News
Following possible buyout reports with private equity firms, shares in Dell surged about 13 percent.
Citic Telecom buys Macau phone company for $1.2 billion from its British and Portugal owners. The deal will help in access to casino-hub Macau and its retail customers.
BlackRock Inc has won the bidding for Credit Suisse Group AG's European exchange-traded fund business, according to a source familiar with the situation.
Reports suggest shares of the carrier dropped by 0.4 percent to 3, 765 yen at the close of Tokyo trading, a biggest decline since Dec. 28, Boeing shares fell 2.7 percent.
American International Group Inc, the insurer rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, drew angry condemnation on Tuesday after it said it may join a lawsuit against the government alleging the terms of the deal were unfair.
Carlyle Group plans to sell its remaining stake in China's third-largest insurer in a deal valued at up to $790 million, marking the U.S. private equity fund's largest gross profit ever from an investment.
Bank of America Corp on Monday entered an $11.6 billion settlement to end Fannie Mae's claims that the bank improperly sold it mortgages that later soured, and to resolve problems with foreclosures, the companies said.
BMW will cut back on sales discounts in Germany and focus on maintaining profit margins rather than market share, Chief Executive Norbert Reithofer told German weekly WirtschaftsWoche.
The Treasury Department watchdog ordered JPMorgan Chase & Co to work with U.S. regulators seeking documents in connection with a probe into the bank's relationship with convicted Ponzi schemer Bernard Madoff, in a warning letter dated Dec. 21.
