Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Alexion Pharmaceuticals (NASDAQ: ALXN) was the subject of takeover chatter on Friday, with Roche (RHHBY) the rumored buyer for as much as $128 per share, according to sources.Spokespersons for both Alexion and Roche declined comment on the Rumor.Alexion Pharmaceuticals closed at $106.96 Friday, a gain of 4.56% on 1.5 times average volume.Hearing Citizens Republic Bancorp Is Looking for a Buyer, Hires JP Morgan to HeloThe Rumor:
Citizens Republic Bancorp (NASDAQ: CRBC) has hired JP Morgan as an adviser to solicit bids from potenital buyers, according to Bloomberg. Huntington Bancshares (NASDAQ: HBAN) is rumored to be one of the potential bidders.Citizens Republic Bancorp closed at $19.24 Friday, a gain of 9.07% on almost 4 times average volume.Hearing Chatter EOG Resources May Bid for Ultra PetroleumThe Rumor:
EOG Resources (NYSE: EOG) may be interested in acquiring Ultra Petroleum (NYSE: UPL), according to sources. The rumor followed EOG's solid earnings report on Thursday. Spokespersons for the two companies were not available for comment.Ultra Petroleum closed at $21.01 Friday, a loss of 2.14% on 1.5 times average volume. Hearing Chatter TPG, KKR Could Buy Knight capitalThe Rumor:
Rumors were rampant surrounding Knight Trading Group (NYSE: KCG) Friday, following Wednesday's trading glitch disaster, which threatened the survival of the company. Rumors of bankruptcy, a breakup of the company and an outright sale, left traders unsure of Knight's future. The company reported a pre-tax loss of $440 million from the event.Knight receive a line of credit to keep it operating for the day on Friday, according to the Wall Street Journal.Friday's chatter showed interest from KKR (NYSE: KKR), TPG and Silver Lake Partners in saving Knight, in pieces or as a whole. Spokespersons from KKR and TPG declined comment. Another rumored buyer, Citadel, who was mentioned on Thursday, also declined to comment on rumored discussions with Knight.Knight Trading Group closed at $4.05 Friday, a gain of 57% on 17 times average volume.Hearing Takeover Chatter in Interpublic GroupThe Rumor:
Publicis of France is considering bidding for Interpublic Group (NYSE: IPG), according to Financial Times. The bid is rumored to be in the area of $15.00 per share.IPG issued the following statement regarding the article: “We are aware of the activity in our stock today. It is our policy not to comment on market rumors or speculation.”Interpublic Group closed at $10.97 Friday, a gain of 13.33% on 5.5 times average volume.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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