Benzinga’s News Roundup (SI, TEVA, CPA, BKC)

Siemens AG (ADR) (NYSE: SI) reported today that it will eliminate 4,200 jobs worldwide by 2011 in its IT business unit. Siemens AG (ADR) decreased 1.16% to $98.08 in the pre-market session. The 52 week trading range for SI is $54.44 -$103.08. Siemens closed at $99.23 in the last trading session. In the last year, SI has surged over 75%.

Teva Pharmaceutical Industries Ltd (ADR) (NASDAQ: TEVA) has won the bidding for the closely held German generic-drug maker Ratiopharm and is close to an agreement to buy the firm for 3.5 billion euros ($4.78 billion), Bloomberg News reported. Teva Pharmaceutical increased 2.22% to $61.27 in the pre-market session. The 52 week trading range for TEVA is $42.77 -$62.17. In the last six months, TEVA has increased over 17%.

Copa Holdings, S.A. (NYSE: CPA) announced the proposed secondary public offering of 1,600,000 of its Class A non-voting shares by selling shareholder Corporacion de Inversiones Aereas, S.A. or CIASA. The underwriter has an over-allotment option to purchase up to an additional 240,000 shares from CIASA. In the previous trading session, CPA closed at $58.16. The 52-week trading range for CPA is $24.24 - $59.80.

Burger King Holdings, Inc. (NYSE: BKC) was upgraded today by Deutsche Bank from Hold to Buy. Burger King Holdings increased 2.08% to $20.59 in the pre-market session. The 52-week trading range for BKC is $15.61 - $24.10. BKC closed at $20.17 in the last trading session.