MannKind Prices Larger Stock Sale, Cancels Debt Deal
Posted by The PIPEs Report on February 3, 2012
Development-stage drug maker MannKind Corp. (MNKD) raised $75 million in a unit sale of stock and wa…
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Kodak employee sues company directors over stock
Posted by Reuters: Business News on January 31, 2012
(Reuters) – An Eastman Kodak employee filed a civil lawsuit against Kodak’s board members and other fiduciaries of the photography companies’ retirement plans, saying they breached their duties as the company was spiraling toward bankruptcy.
Eastman Chemical to buy Solutia for $3.38 billion
Posted by Reuters: Business News on January 27, 2012
(Reuters) – Eastman Chemical said it would buy specialty chemical maker Solutia Inc for about $3.38 billion in cash and stock to expand in Asia Pacific.
Stellar Apple results point to a good year ahead
Posted by Reuters: Business News on January 25, 2012
(Reuters) – Apple Inc shares surged the most in more than three years, after skyrocketing iPhone and iPad sales helped it smash Wall Street expectations, prompting analysts to raise their price targets on the stock by as much as $100.
Apache to pay $2.85 billion for privately held Cordillera
Posted by Reuters: Business News on January 23, 2012
(Reuters) – Oil and gas producer Apache Corp will buy privately held Cordillera Energy Partners III for $2.85 billion in cash and stock, expanding its holdings in one of the most lucrative emerging oil and gas fields in the United States.
Attorney Arrested For Alleged Plot to Inflate Stock of PIPE Issuer Heart Tronics
Posted by The PIPEs Report on December 20, 2011
Mitchell Stein, a Hidden Hills, Calif., and Boca Raton, Fla.-based attorney, was arrested on Dec. 18…
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Martin Marietta makes $4.8 billion bid for Vulcan
Posted by Reuters: Business News on December 12, 2011
NEW YORK (Reuters) – Martin Marietta Materials Inc launched a hostile $4.8 billion all-stock offer to buy larger rival Vulcan Materials Co in a bid to build the world’s largest producer of sand, gravel and other construction materials.
Brokerages cut RIM price targets on profit warning
Posted by Reuters: Business News on December 5, 2011
(Reuters) – At least four brokerages slashed their price targets on Research in Motion’s U.S.-listed stock after the BlackBerry maker warned of lower profit amid falling sales and an inventory pile up of its PlayBook tablet.
Alleghany to buy Transatlantic for $3.4 billion
Posted by Reuters: Business News on November 21, 2011
(Reuters) – U.S. property and casualty insurer Alleghany Corp said it would buy reinsurer Transatlantic Holdings for $3.4 billion in cash and stock, a day after a source told Reuters that Alleghany was close to a deal for the company.
Angie’s List soars on debut, but concerns linger
Posted by Reuters: Business News on November 18, 2011
(Reuters) – Shares of consumer review website Angie’s List surged as much as 44 percent on their market debut Thursday as investors continued to lap up internet offerings, but concerns about the company’s profitability could loom on the stock.
