Rumors

sponsored by Receive Market Updates in Realtime

Lenovo Group Ltd. (OTC: LNVGY) is stealing a lesson on marketing from fast-growing China smartphone maker Xiaomi and some have asked whether long-struggling BlackBerry Ltd (NASDAQ: BBRY) could benefit from the same game. Xiaomi came out of nowhere this year to dominate the smartphone...

Mead Johnson Nutrition Co (NYSE: MJN) shares jumped 11 percent Friday on news that Danone SA has targeted the company for a takeover. According to Reuters, "French food giant Danone, maker of Activia yogurt and Evian water, has decided it wants to pursue a takeover of U.S. infant formula...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday October 16, 2014: Hearing Deal Reporter Says Woodside May Pay Up to $4B for Interoil The Rumor:Shares of InterOil Corporation (NYSE: IOC) rose Thursday, on a report from Deal Reporter that Woodside...

Hospital companies with significant operations in the Dallas-Fort Worth region could see potential patients scared away by recent reports of Ebola, an analyst said Thursday. Potential hospital patients in the region "might exercise greater restraint on hospital visits due to fear of...

Lumos Networks Corp (NASDAQ: LMOS) shares spiked Thursday on a report the company is exploring a possible sale. The fiber provider has seen flat sales and weak profits in recent quarters, while its share price is down more than 20 percent year-to-date. But its shares jumped 11 percent...

GT Advanced Technologies' (NASDAQ: GTAT) bankruptcy announcement is impacting the supply chain, as smartphone vendors reconsider plans to use sapphire glass for their device screens, according to DigiTimes. The company was a major supplier to Apple (NASDAQ: AAPL) of sapphire screens, and the supply...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday October 15, 2014: AbbVie to Reconsider Merger Agreement with Shire The Reconsideration:Shares of Shire plc (NASDAQ: SHPG) fell sharply Wednesday, following the announcement Tuesday by AbbVie (NYSE: ABBV...

Apple Inc. (NASDAQ: AAPL) updated its iPad user guide offered details about new tablet computers the company is expected to officially unveil Thursday. Featured Wednesday on the user guide page for using iPads for the operating system iOS 8 are photos of the "iPad mini 3" and the...

Avista Corp (NYSE: AVA) is talking to potential buyers although it has no "formal sales process" in place, according to a report Tuesday. Avista, a regional electric and gas utilities company based on Spokane, Washington, closed Tuesday up 6 percent on four times its average daily...

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday October 14, 2014: The Deal Reports Avista in Talks with Potential Buyers The Rumor:Shares of Avista Corp. (NYSE: AVA) spiked higher at the close Tuesday, on a report from The Deal that the company was in...

Cliffs Natural Resources Inc (NYSE: CLF) extended its gains Tuesday and is up about 30 percent since last week, apparently the result of short sellers closing their positions. Short interest in the Cleveland-based iron and coal mining company amounted to 59.8 million of its 153.2 million shares...

Shares of Advanced Micro Devices, Inc. (NYSE: AMD) experienced a sharp decline in share price afterhours Monday on the heels of no apparent news. Shares closed Monday's session at $2.74, up 0.74 percent, then sold off roughly 18 percent to an after-hours low of $2.22. In Tuesday's...

EBay Inc's (NASDAQ: EBAY) rumored effort to acquire mobile payments company Square Inc. got quickly shot down Tuesday by Square Chief Executive Jack Dorsey via a tweet. The latest rumor reported Tuesday by Bank Innovation said eBay's PalPal unit was in early stages of merger talks...

With the benchmark NASDAQ Composite (NASDAQ: IXIC) falling Monday to 8.6 percent below its high of last month, a number of its higher-profile components notably underperformed Monday in the extended session on little discernible news. Advanced Micro Devices Inc. (NYSE: AMD) plunged 18 percent...

Sysco Corporation (NYSE: SYY) is in talks with the FTC in an attempt to save the company's $3.5 billion acquisition of US Foods, according to the NY Post. Sources say the FTC's Deborah Feinstein, the agency's Head of Competition, is not planning to block the deal. A decision is expected by the US...