icahn
Blockbuster's Future is Up for Auction: Bidders Include Carl Icahn
6:30PM 4/04/2011
Company News, Investing, Blockbuster, Market News, Investment
Blockbuster on Monday kicked off the confidential auction process that will decide its future. Billionaire Carl Icahn and others have bid for the troubled video-rental chain.
Sanofi Is in No Rush to Reach Deal With Genzyme
9:34AM 9/15/2010
Company News, Health Care, Genzyme Corporation , Sanofi Aventis, Stocks in the News
Sanofi-Aventis CEO Chris Viehbacher said Wednesday that he believes his French pharmaceutical company will eventually buy U.S. biotech company Genzyme at a reasonable price. However, he expects it will take some time to agree on a deal, and he won't rush into anything.
Genzyme Sells Genetic Testing Unit to LabCorp for $925 Million
6:59AM 9/13/2010
Investing, Genzyme Corporation , Sanofi Aventis, Stocks in the News
Genzyme (GENZ) announced that it has agreed to sell Genzyme Genetics to Laboratory Corporation of America Holdings (LabCorp) (LH) for for $925 million in cash.
Cambridge, Mass.-based Genzyme said that under the terms of the agreement, LabCorp will purchase the genetic testing business in its...
In High-Stakes Bid for Vegas Hotel, Icahn Comes Out on Top
1:00PM 1/20/2010
Does anyone want to buy a bankrupt Las Vegas casino? Well, in the case of the Fontainebleau Las Vegas, the answer was an enthusiastic yes, as at least three real estate investors bidded on the property. Billionaire financier Carl Icahn cleared the table with a $156 million offer, leaving San...
Suggested reads for investors on the internet: Buffett, Cuban, Paulson
Billionaire financier Carl Icahn pulled no punches on Monday in a scathing open letter to the board of CIT Group (CIT). The foundering century-old lender "shamelessly" offered to sell big bondholders $6 billion in loans to the company at "well below fair market value," all to the detriment of...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.10 | -0.09 -1.04% | 158.19M | |
| 2.20 | +0.26 +13.14% | 95.52M | |
| 18.90 | -0.24 -1.23% | 26.45M | |
| 12.41 | -0.28 -2.21% | 25.99M |
% Gainers
| 32.62 | +8.72 +36.49% | 14.25M | |
| 89.53 | +13.14 +17.20% | 9.05M | |
| 2.20 | +0.26 +13.14% | 95.52M | |
| 10.52 | +1.12 +11.91% | 2.68M |
% Losers
DailyFinance Wire
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Newswire
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- Morning Wire — US Stock-Index Futures Down Sharply
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