Trader’s Recap: Itau Unibanco Holding (NYSE:ITUB), Trio-Tech International (NYSEMKT:TRT), The Phoenix Companies Inc. (NYSE:PNX), Sirius XM (NASDAQ:SIRI), NextEra Energy Partners (NYSE:NEP)

Brazil’s Itau Unibanco Holding SA (ADR) (NYSE:ITUB) will walk away from its deal to merge with Chile’s CorpBanca if it is forced to carry out a tender offer, but does not see that as a likely outcome, a senior Itau executive told a local paper. The $3.7 billion deal, Latin America’s largest banking merger since…

Read More

Don’t Miss: AbbVie Inc. (NYSE:ABBV), Occidental Petroleum Corporation (NYSE:OXY), Quaker Chemical Corporation (NYSE:KWR), Issuer Direct Corporation (NYSEMKT:ISDR), Sirius XM Holdings Inc. (NASDAQ:SIRI)

AbbVie Inc. (NYSE:ABBV) will present data evaluating three investigational compounds from the company’s oncology pipeline at the upcoming 56th American Society of Hematology Annual Meeting (ASH), December 6-9, in San Francisco. Data will be highlighted in 13 accepted abstracts, including several oral presentations detailing new trial results from the venetoclax program in acute myelogenous leukemia,…

Read More

Morning Watch List: Baker Hughes Incorporated (NYSE:BHI), Comcast Corporation (NASDAQ:CMCSA), Sirius XM Holdings Inc. (NASDAQ:SIRI), Aastrom Biosciences (NASDAQ:ASTM), Yingli Green Energy (NYSE:YGE)

Baker Hughes Incorporated (NYSE:BHI) rejected a takeover approach from Halliburton because the offer wasn’t high enough (paywall). Emails showed a counter-proposal made on “a very reasonable basis on which to reach agreement,” which it says Halliburton didn’t engage with before it went hostile on Friday, seeking to replace Baker Hughes’ entire board (paywall). Baker Hughes…

Read More
Home