Market Overview

5 Rumors That Surfaced During Wednesday Trade


Here is a compilation of rumors which had an impact on Wednesday trading. News of these rumors were earlier published in Benzinga Professional.

  1. Inforblox Inc (NYSE: BLOX) was rumored to have hired Morgan Stanley to delay sale of the company.
  2. Catalent Inc (NYSE: CTLT) shares were volatile following chatter that a Lonza acquisition is off the table.
  3. Reuters reported that Priceline Group Inc (NASDAQ: PCLN) may be on the hook for 365 million Euros to French tax authorities.
  4. Anheuser Busch Invev SA (NYSE: BUD) shares spiked higher intraday following a rumor that US regulators approved the merger with SABMiller plc (OTC: SBMRY).
  5. Bloomberg reports Oracle Corporation (NYSE: ORCL) is sued by a senior finance manager who claims the company pressured her to bolster reports. Shares are down 2.36 percent in afterhours trading.

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Posted-In: News Rumors