Rumors

Huge News for GM in 2010--Profit and Selling Public Shares?

Posted on 03/17/10 at 1:04pm
General Motors Co. could be turning over a new leaf in 2010 according to the Chief Financial Officer (CFO). CFO Chris Liddell, former employee of Microsoft Corp. (NASDAQ: MSFT), said the company could turn a full-year profit in 2010 as auto sales begin to recover since the economic downturn.
Click here to read the rest of the article
Posted in

Clorox Corporation Marches Higher On Takeover Speculation (CLX)

Posted on 03/17/10 at 1:02pm
Clorox Corporation (NYSE: CLX) options are active today on chatter of a takeover. CLX shares have been subject to chatter for a few months with nothing materializing. Since the first of the year, Clorox share price has seen a steep rise off the 59 level.
Click here to read the rest of the article
Posted in

Harley-Davidson (HOG) Up Nearly 7% On Takeover Rumors

Posted on 03/16/10 at 7:04pm
Shares of Harley-Davidson, Inc. (NYSE: HOG) ended trading on Tuesday up nearly 7% fueled by takeover rumors. Rumors are circulating that private equity firm Kohlberg Kravis Roberts may be considering a takeover of the motorcycle manufacturer. Neither Kohlberg Kravis Roberts, nor Harley-Davidson, Inc. have commented on the takeover rumors yet.
Click here to read the rest of the article
Posted in

Harley-Davidson (HOG) Shares Up On News About A Leveraged Buyout Of The Company

Posted on 03/16/10 at 4:27pm
Shares of Harley-Davidson, Inc. (NYSE: HOG) finished 6.98% higher at $28.35 on Tuesday as news about a possible takeover of the company surfaced. The shares reached a high of $28.98 in trading. Harley-Davidson, however, declined to make any comment on the news.
Click here to read the rest of the article
Posted in

Harley Davidson Options Active On Take Over Speculation (HOG)

Posted on 03/16/10 at 2:29pm
Shares of Harley Davidson (NYSE: HOG) are on fire this afternoon as rumors circulated they are a leveraged buy out target. Harley Davidson shares are currently up 5% on 11 mil shares, HOG averages 3 mil shares a day.
Click here to read the rest of the article
Posted in

Harley Davidson Pops On Takeover Talk (HOG)

Posted on 03/16/10 at 11:44am
Shares of Harley Davidson (NYSE: HOG) are gaining on a rumor the iconic motorcycle maker may be the target of a leveraged buyout. Traders are citing market talk that private equity firm Kohlberg Kravis Roberts could be a potential bidder for Harley. A spokesperson for KKR said it is not their policy to comment on speculation.
Click here to read the rest of the article
Posted in

Market Roundup (VZ, GOOG, TM, F, BAC, YHOO, MSFT, MET)

Posted on 03/15/10 at 4:15pm
According to certain unidentified sources, Verizon (NYSE: VZ) has been prompting the FTC to investigate and block the acquisition of AdMob by Google (NASDAQ: GOOG). Verizon believes that AdMob’s deal may prove to be the initial step for GOOG in launching its own wireless network.
Click here to read the rest of the article
Posted in

Arrow Energy May Rebuff Shell, PetroChina Bid

Posted on 03/15/10 at 3:15am
Royal Dutch Shell (NYSE: RDS-A), the second-largest European oil company, and PetroChina (NYSE: PTR), may see their $3.03 billion bid for Australian coal-seam gas producer Arrow Energy rejected, according to the Australian Financial Review, which didn't say how the information was obtained.
Click here to read the rest of the article
Posted in

Cnooc Acquires Stake In Bridas For $3.1 Billion

Posted on 03/15/10 at 3:09am
Cnooc (NYSE: CEO), China's largest offshore oil explorer, acquired a 50% stake in Argentina's Bridas for $3.1 billion in a deal that will help Cnooc add 318 million barrels of oil reserves.
Click here to read the rest of the article
Posted in

SUPERVALU Inc. (SVU) Shares Surge On Buyout Rumors

Posted on 03/12/10 at 3:01pm
Shares of SUPERVALU Inc. (NYSE: SVU) surged as much as 11% in trading on Friday as rumors about a possible leveraged buyout surfaced. The shares touched their highest level since June before retreating later in the day.
Click here to read the rest of the article
Posted in