M&A

Wrapping up Thursday's trading session, the Dow traded down 1.52 percent to 16,623.35 while the NASDAQ tumbled 1.84 percent to 4,380.91. The S&P also fell, dropping 1.64 percent to 1,937.69. Leading and Lagging Sectors In trading on Thursday, non-cyclical consumer goods & services...

According to Reuters, "Iliad earlier in the day said in a statement that it offered $15 billion cash for 56.6 percent of T-Mobile for $33 per share. Iliad also valued the rest of T-Mobile at $40.50 per share, and is anticipating $10 billion in cost savings." T-Mobile  (NYSE: TMUS...

Shares of T-Mobile (NYSE: TMUS) were halted on a circuit breaker after climbing more than seven percent after Dow Jones reported that France’s Iliad is bidding for the company. Sprint (NYSE: S) shares sold off more than five percent on the news. It is rumored that Sprint was looking to...

Following the market opening Thursday, the Dow traded down 0.74 percent to 16,755.45 while the NASDAQ tumbled 0.96 percent to 4,420.00. The S&P also fell, dropping 0.81 percent to 1,954.09. Leading and Lagging Sectors In trading on Thursday, utilities shares dropped by just 0.35 percent....

Nordstrom, Inc. (NYSE: JWN) announced today it has entered into an agreement to acquire Trunk Club, a personalized clothing service for men. The men's market is one of the fastest growing and most rapidly changing segments in retail, and Trunk Club has created a unique approach to capture the...

Activist investor Carl Icahn further cut his stake in Family Dollar Stores (NYSE: FDO) Wednesday to below five percent according to regulatory filings. The company agreed Monday to be acquired by Dollar Tree (NASDAQ: DLTR) for $8.5 billion, or $74.50 a share. It's been widely speculated that Dollar...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday July 30, 2014: Report of Interest in Shutterfly The Rumor:Shares of Shutterfly (NASDAQ: SFLY) Spiked higher Wednesday, on a report from Deal Reporter, the digital photo site has attracted interest from...

Glu Mobile (NASDAQ: GLUU) fell in Wednesday's after-hours trading by 9.86 percent. The downward momentum was primarily driven by the shareholder dilution that would come as a result of acquiring Cie Games. Glu Mobile agreed to acquire Cie Games for $100 million, $70 million in shares of the common...

3D Systems (NYSE: DDD) announced today that it entered into a definitive agreement to acquire Simbionix for $120 million in cash, subject to customary closing adjustments. Simbionix is the global leader in 3D virtual reality surgical simulation and training with 60+ interventional procedures across...

At 12:43 p.m. ET on Wednesday, Reuters published a report citing sources familiar with the matter as saying that German based ZF Friedrichshafen AG is in advanced talks to acquire U.S. based TRW Automotive Holdings (NYSE: TRW) for $12 billion or about $105 per share. The Reuters' source said deal...

Earlier on Wednesday, Reuters published a report citing sources familiar with the matter as saying that German based ZF Friedrichshafen AG is in advanced talks to acquire U.S. based TRW Automotive Holdings (NYSE: TRW). Reuters' sources say the deal would be worth nearly $12 billion and create a "...

ZF Friedrichshafen AG is currently in advanced talks to acquire TRW Automotive (NYSE: TRW) for $12 billion, according to Reuters. That would be a take-out value of around $105 per share. TRW Automotive is trading around $102.10 per share Wednesday, giving speculators limited upside from current...

Midway through trading Wednesday, the Dow traded down 0.50 percent to 16,827.09 while the NASDAQ surged 0.14 percent to 4,448.84. The S&P also fell, dropping 0.28 percent to 1,964.42. Leading and Lagging Sectors Wednesday morning, the healthcare sector proved to be a source of strength...

Following the market opening Wednesday, the Dow traded down 0.14 percent to 16,888.03 while the NASDAQ surged 0.38 percent to 4,459.35. The S&P also rose, gaining 0.04 percent to 1,970.82. Leading and Lagging Sectors Wednesday morning, the healthcare sector proved to be a source of...