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Company News for August 30, 2010

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By: Zacks Equity Research
August 30, 2010 | Comment(s): 0
Recommended this article (6)
INTC | GENZ | SNY | CSCO | EBAY | MMM | COGT | TXN

• Intel (NASDAQ:INTC - Analyst Report) announced plans to acquire Infineon's wireless chip unit for $1.4 billion
 
• Genzyme (NASDAQ:GENZ) has rejected Sanofi-Aventis’ (NYSE:SNY - Analyst Report) $18.5 billion, of $69 per share, all-cash offer for the company

• Reports say Cisco (NASDAQ:CSCO - Analyst Report) is interested in buying Skype from an investor group including eBay (NASDAQ:EBAY - Analyst Report)

• 3M (NYSE:MMM - Analyst Report) is planning to acquire Cogent (NASDAQ:COGT) for $943 million, or $10.50 per share

• Susquehanna downgraded Texas Instruments (NYSE:TXN - Analyst Report) to "neutral" from "buy"

Read the full analyst report on INTC

Read the full analyst report on GENZ

Read the full analyst report on SNY

Read the full analyst report on CSCO

Read the full analyst report on EBAY

Read the full analyst report on MMM

Read the full analyst report on COGT

Read the full analyst report on TXN

 

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