Archive for August 13th, 2008


Wall Street Journal Blogs
Genentech Rejects Takeover Bid From Roche
New York Times - 1 hour ago
By ANDREW POLLACK Roche, the Swiss pharmaceutical giant, is expected to increase its offer for the biotechnology company Genentech now that an initial $43.7 billion bid has been rejected, analysts said Wednesday.
Genentech Rejects Roche's Bid as Shares Trade Higher (Update2) Bloomberg
Genentech coy about Roche bid The Times of Trenton - NJ.com
Bizjournals.com - guardian.co.uk - Los Angeles Times - International Herald Tribune
all 299 news articles

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Boston Globe
UnionBanCal Says Mitsubishi UFJ's Bid Is Too Low (Update1)
Bloomberg - 56 minutes ago
By Linda Shen and Finbarr Flynn The $63-a-share offer, $2 below yesterday's closing price, “is not in the best interest of UnionBanCal's minority stockholders,'' the bank said in a statement.
UnionBanCal calls MUFG's $63-a-share bid 'too low' MarketWatch
UnionBanCal rejects Mitsubishi UFJ's bid The Standard
CNNMoney.com - Reuters - Los Angeles Times - Wall Street Journal
all 166 news articles

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Washington Times
Skechers Raises Offer to Buy Heelys
New York Times - 1 hour ago
By REUTERS The footwear maker Skechers sweetened its offer to buy Heelys on Wednesday, sending Heelys’ shares up sharply. In a letter to the board of Heelys, which makes sneakers with a wheel in the heel, Skechers also said it might raise its latest
Skechers offers to buy Heelys for $142.8 million cash MarketWatch
Skechers Offers to Acquire Heelys for $142.8 Million (Update2) Bloomberg
Bizjournals.com - Reuters - Footwear News - Forbes
all 230 news articles

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Financial Post
Best Buy deal to sell iPhones may mean shortages are easing
Los Angeles Times - 1 hour ago
The retailer, which starts offering the Apple devices nationwide Sept. 7, says it's not worried about running out. The pending arrival of the iPhone 3G in Best Buy stores across the country signals that shortages of the Apple Inc. devices are easing,
IPhone, Instinct will go head to head at Best Buy Bizjournals.com
Best Buy's iPhone Deal Is Blow To Hopes Of RadioShack Win CNNMoney.com
New York Times - San Jose Mercury News - MarketWatch - Reuters
all 632 news articles

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Canada.com
Chrysler president touts health of auto maker
MarketWatch - 2 hours ago
By Jeff Bennett TRAVERSE CITY, Mich. (MarketWatch) — Chrysler LLC President Tom LaSorda - attacking speculation that the auto maker is financially struggling - said he is seeking more international partnerships and he hopes to sign off on a new small
Automakers scramble to offer more fuel efficiency Reuters
Chrysler exec says Cerberus is in for long term Newsweek
AFP - The Olympian - CNNMoney.com - Ward’s Auto
all 415 news articles

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AFP
Ten Exchanges Agree to Stronger Oversight
New York Times - 2 hours ago
By REUTERS WASHINGTON (Reuters) - Ten American exchanges have agreed to give two market watchdogs more power to ferret out insider trading regardless of where it occurs in the United States, regulators said Wednesday.
UPDATE 1-US pact centralizes policing of insider trading Reuters
Stock Exchanges Agree to Join Forces on Insider Trading Washington Post
MarketWatch - Forbes - CNBC - Wall Street Journal
all 54 news articles

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Washington Times
Skechers Offers to Acquire Heelys for $142.8 Million (Update2)
Bloomberg - 55 minutes ago
By Joseph Galante Aug. 13 (Bloomberg) — Skechers USA Inc. made an unsolicited offer to buy Heelys Inc. for $142.8 million after an earlier proposal was rejected by the maker of wheeled sneakers.
Skechers offers to buy Heelys for $142.8 million Forbes
Sketchers USA Inc. makes offer for Heelys Bizjournals.com
MarketWatch - Reuters - The Associated Press - TheStreet.com
all 82 news articles

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Washington Times
Cox Enterprises to sell some newspapers, Valpak
Reuters - 1 hour ago
NEW YORK (Reuters) - Cox Enterprises Inc said it plans to sell some of its newspapers, including the Austin American-Statesman in Texas, as it seeks to pay down debt.
Cox to sell off several newspapers, Valpak operations Bizjournals.com
Cox to Sell Several Newspapers Amid Shift in Media Revenues Wall Street Journal
MarketWatch - The Associated Press - Houston Chronicle - KREX News Channel 5
all 161 news articles

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Boston Globe
IPhone, Instinct will go head to head at Best Buy
Bizjournals.com - 2 hours ago
The new iPhone 3G and Samsung Instinct mobile handsets will battle it out on Best Buy Co. Inc. shelves starting Sept. 7. "The iPhone has changed the way people think about their mobile phones, and we are delighted to help more customers get their hands
Best Buy's iPhone Deal Is Blow To Hopes Of RadioShack Win CNNMoney.com