Sunrise Senior Living (NYSE: SRZ) announced that it has entered into a definitive agreement to be acquired by Health Care REIT (NYSE: HCN). Existing shareholders will receive $14.50 per share -- or a 62.4 percent premium over Sunrise Senior Living's August 21 closing share price.
Facebook (NASDAQ: FB) Board Director and initial investor Peter Thiel sold 20.1 million shares on August 16 and 17, according to a Securities and Exchange Commission (SEC) filing.
Health-care giant Aetna (NYSE: AET) has agreed upon terms to purchase Coventry Health Care (NYSE: CVH) for $5.7 billion. The 20 percent premium for Coventry has shares trading north of $40.
U.S. Treasury note yields have skyrocketed to a six-month high of 3.75 percent from record lows of 2.04 percent back in December. The surge in yields could threaten to derail the U.S. economic recovery. The fragile two month stock market rally here in the U.S.
Jon Corzine, former CEO of the now defunct and bankruptMF Global Holdings may be considering starting up another hedge fund, according to a New York Times report.
As impossible as it seems to believe, once the ongoing criminal investigation into the MF Glo
Sears Holdings (NASDAQ: SHLD) posted a narrower second quarter loss this year than it did in 2011. Sears has cut expenses and reduced inventories in an attempt to turn the company highly profitable once again. Merchandise inventories fell to $8.7 billion from $9.3 billion in the second quarter.
The U.S. markets are all trading slightly higher Thursday morning. Treasury yields are trading at a three-month high. Facebook share lockup ends today, set to release 271 million shares.
Deere & Company (NYSE: DE), the world's largest equipment farm maker, announced lower-than-expected quarterly profits Wednesday. The company also lowered full-year guidance.
U.S. stocks are flat to slightly lower in early Wednesday trading. European markets also trading lower on continued fears of economic contraction throughout the eurozone.