Broadcom Corp (BRCM) on Monday raised its cash tender offer for storage tech co. Emulex Corp (ELX) to $912 M and changed the tenor of its previously hostile takeover... Read »
Enterprise Products Partners LP (EPD) said on Monday that Teppco Partners LP (TPP) had accepted a sweetened $3.3 billion takeover bid in a deal that will form the... Read »
Japan is still struggling to emerge from a severe recession. The country’s unemployment rate hit a five-year high in May, according to government data released... Read »
A federal jury has ordered Abbott Laboratories to pay $1.67 billion to a Johnson & Johnson unit for violating a patent related to the arthritis treatment Remicade,... Read »
Wall Street’s largest bond-trading firms say the worst may be over for investors in T’s after govt securities posted their biggest first-half losses in at... Read »
Former Treasury Secretary Henry Paulson will testify about Bank of America’s acquisition of Merrill Lynch before the House Committee on Oversight and Government... Read »
DeLong: Sympathy for Greenspan
Brad DeLong can’t decide whether or not Greenspan made a mistake when he kept interest rates low after the collapse of the dot.com bubble: Sympathy for Greenspan,... Read »
Porsche rebuffed Volkswagen’s proposed purchase of 49% of the sports car maker as part of a merger on Monday, saying a sale of the unit would incur a financial... Read »
Dell Inc. (DELL) is reportedly developing a pocket-sized electronic device for accessing the Internet. The Wall Street Journal said that Dell is creating the... Read »
Christina Romer Upbeat on Economy
Christina Romer, chair of the the US president’s Council of Economic Advisers, who is also a scholar of the depression, warned today against tightening monetary... Read »






