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Company News for September 14, 2009

September 14, 2009 | Comments: 0
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DT | S | AES | JNJ | ELN | SLXP | BAC | CPB | UBS | MOT
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• The Sunday Telegraph reported Deutsche Telekom (NYSE:DT - Analyst Report) is considering a takeover bid for Sprint Nextel (NYSE:S - Analyst Report).  Deutsche Telekom (NYSE:DT - Analyst Report) shares rose more than 10% in premarket trading

• According to the WSJ, China's sovereign wealth fund is in talks to acquire a minority share of AES Corp (NYSE:AES - Snapshot Report)

• Johnson & Johnson (NYSE:JNJ - Analyst Report) is reportedly in talks to lower the price tag of its $1.5 billion Elan (NYSE:ELN - Snapshot Report) bid

• Salix Pharmaceuticals (NASDAQ:SLXP - Analyst Report) reported the successful outcome of two late-stage trials of the efficacy and safety of its rifaximin drug in relieving irritable bowel syndrome symptoms

• Bank of America (NYSE:BAC - Analyst Report) lowered its rating on Campbell Soup (NYSE:CPB - Analyst Report) to "neutral"

• UBS (NYSE:UBS - Snapshot Report) upgraded Motorola (NYSE:MOT - Analyst Report) to "buy”


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Market Summary Nov 22, 2009 04:50 am ET
DJIA 10318.16  -14.28 -0.14%
NASD 2146.04  -10.78 -0.50%
S&P 500 1091.38  -3.52 -0.32%
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