Posts Tagged ‘Buyout rumors’

PRICE/EVENT ALERT: Smith & Nephew (SNN)

Shares of Smith & Nephew plc (NYSE: SNN) are trading up this morning on a day where many other stocks are trading lower.  Shares are up almost 3% at $59.29 right after the open (9:45 AM EST) on only about 12,000 shares.  There is some light chatter (again) that a larger medical devices company in [...]

Massive Volume Surge: SPRINT NEXTEL (S)

There has been a monster volume surge in shares of Sprint Nextel Corp. (NYSE: S).  The talk is out that Sprint has decided to cancel its major securities sale.  The firm took a hit with earnings when it said it was going to do a large preferred securities sale and short sellers were very active [...]

Late After-Hours Spike: Teva/Barr (TEVA, BRL)

We are seeing highly unusual volume trading in Barr Pharmaceuticals Inc. (NYSE: BRL) in late after-hours trading tonight.  The culprit is a report (possible rumor) that Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) is in talks to buy the US-generic drug maker. Barr Labs closed up 1.6% today at $46.82, but its market cap at that [...]