Fed appeals panel reverses ruling that excluded evidence in Broadcom exec's backdating trialSeptember 30th, 2009 Panel reverses judge's ruling on Broadcom evidencePASADENA, Calif. — A federal appeals court has reversed a judge's decision to exclude evidence from the trial of a former Broadcom Corp.
Emulex rejects sweetened Broadcom offer, releases preliminary results near top of forecastJuly 9th, 2009 Emulex rejects sweetened Broadcom offerCOSTA MESA, Calif. — Network gear maker Emulex Corp.
AIG, Merck, YRC Worldwide, Saks, Sprint Nextel are among big market movers ThursdayJuly 9th, 2009 AIG, Merck, YRC Worldwide are big moversNEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down $3.62 at $9.48
An analyst said the insurer's equity may be zero due to risk of continued losses from credit default swaps and assets sold cheaply. Emulex Corp., down 76 cents at $8.94
Broadcom Corp.
Broadcom raises hostile takeover offer for Emulex to about $912 million from $764 millionJune 30th, 2009 Broadcom boosts hostile takeover offer for EmulexIRVINE, Calif. — Chip designer Broadcom Corp.
AIG, Continental Airlines, Apollo Group, Lear are among big market movers TuesdayJune 30th, 2009 AIG, Continental, Apollo Group are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down 17 cents at $1.16
Shareholders voiced disappointment over the embattled insurer's near-collapse last fall during a short, relatively calm meeting. Emulex Corp., down $1.10 at $9.78
Chip designer Broadcom Corp.
Advisory firm backs Emulex board in Broadcom's hostile takeover bidJune 22nd, 2009 Advisory firm backs Emulex board in Broadcom bidNEW YORK — The proxy advisory firm Glass Lewis & Co. has come down against a proposal by Broadcom Corp.
Bank of New York Mellon repays $3 billion received as part of government programJune 17th, 2009 Bank of New York Mellon repays TARP fundsNEW YORK — Bank of New York Mellon said Wednesday it repaid the $3 billion it received last fall as part of the government's $700 billion bank investment program. Bank of New York Mellon received the money as part of the Treasury Department's Troubled Asset Relief Program to help revive the stagnant credit and lending markets amid one of the worst periods of the credit crisis.
Qwest, McDonald's, DuPont, Palm, Delta Air Lines among big market movers MondayJune 8th, 2009 Qwest, McDonald's, DuPont, Palm are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Qwest Communications International Inc., down 24 cents at $3.93
The phone company canceled the auction for its long-distance data and telephone network, saying the asset held more value than the amount it would raise in a sale. McDonald's Corp., down $1.15 at $58.72
The fast-food chain's May same-store sales rose 5.1 percent, but U.S.
Ford, Deere, Cisco Systems, Las Vegas Sands, Exxon Mobil among big market movers MondayJune 2nd, 2009 Ford, Deere, Cisco Systems are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Ford Motor Co., up 38 cents at $6.13
Analysts say the automaker stands to benefit from the bankruptcy protection filings of its Detroit rivals, General Motors and Chrysler. Deere & Co., up $3.49 at $46.96
The farm equipment maker named 34-year company veteran Samuel Allen, 55, as its ninth-ever CEO, starting on the job Aug.
GM, Bank of America, Lincoln National, Federal-Mogul among big market movers WednesdayMay 8th, 2009 GM, Bank of America, Lincoln National big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
General Motors Corp., down 19 cents at $1.66
The automaker detailed plans for a 1-for-100 reverse stock split in a filing with the U.S. Securities and Exchange Commission.
Board of Costa Mesa-based Emulex rejects unsolicited takeover bid by rival BroadcomMay 4th, 2009 Emulex board rejects Broadcom takeover bidCOSTA MESA, Calif. — Computer network gear maker Emulex Corp.
Bank of America, Time Warner, Aetna, Dendreon, E-Trade are big market movers WednesdayApril 29th, 2009 Bank of America, Time Warner, Aetna big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Bank of America Corp., up 53 cents at $8.68
Chairman and CEO Ken Lewis defended acquisitions of Merrill Lynch & Co. and Countrywide Financial Corp.
Bank of America, Office Depot, GM, Bristol-Myers Squibb are big market movers TuesdayApril 28th, 2009 Bank of America, Office Depot, GM big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Bank of America Corp., down 77 cents at $8.15
Sources said the bank will need to raise more cash if it can't convince the government its "stress test" results are in error. Office Depot Inc., up 29 cents at $2.82
The office products chain posted a loss, but excluding charges relating to store closings, results were better than analysts expected.
GM, Whirlpool, Beazer Homes, Qualcomm, Us Airways are big market movers MondayApril 27th, 2009 GM, Whirlpool, Beazer Homes, Qualcomm big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
General Motors Corp., up 35 cents at $2.04
The automaker laid out a massive restructuring plan that includes an offer to swap roughly $27 billion in bond debt for GM stock. Whirlpool Inc., up $2.96 at $43.69
The appliance maker said its first-quarter profit dropped on slumping sales, softening consumer demand and the stronger dollar.
Broadcom launches hostile $764 million bid for Emulex; 1Q earnings miss StreetApril 21st, 2009 Broadcom launches hostile $764M bid for EmulexIRVINE, Calif. — Chip designer Broadcom Corp.
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