Stock Market News Briefs: Immucor, Peabody Energy, El Paso Electric Company, ENERGY TRANSFER PARTNERS, Goldman Sachs Group, St. Joe Company, Medtronic, Morgan Stanley, Oppenheimer Holdings, Southern Union Company, Wells Fargo & Company, Williams Companies, Western Union Company

Zacks Investment Research

  •     Share prices of Southern Union Co. (NYSE:SUG) rose 4.21% to close at $42.07 after Energy Transfer Equity, L.P. (NYSE:ETE) increased its bidding amount by 21% to $5 billion for the company, beating William’s (NYSE:WMB) bid of $4.9 billion
  •     U.S. mining giant Peabody Energy Corp. (NYSE:BTU) was amongst a consortium selected by the  Mongolian Government  to develop the Tavan Tolgoi  coal mining project in the Gobi Desert
  •     Analysts of Wells Fargo (NYSE:WFC) opined that a medical journal report about Medtronic’s (NYSE:MDT) spine device will slow down sales. The report could also lead to investigations by federal regulators
  •     Analysts at Oppenheimer & Co. (NYSE:OPY) initiated coverage on shares of Zalicus, Inc. (ZLCS) with an “Outperform” rating and a target price of $4.00
  •     Shares of Immucor, Inc. (NASDAQ:BLUD) zoomed up 30.20% after TPG Capital agreed to buy the company for $27 per share or for about $2 billion
  •     St. Joe’s (NYSE:JOE) shares fell 9.10%  after a filing revealed that the real-estate development company was being investigated by the SEC, primarily because of accounting issues and lands valuation methods
  •     Western Union (NYSE:WU) unveiled plans to acquire Travelex’s Global Business Payments division for about $968.7 million. The acquisition will allow the company to develop its international business payments services
  •     Shares of El Paso Electric (NYSE:EE) were upgraded by analysts at Goldman Sachs (NYSE:GS) to  “Buy” rating from  “Neutral” rating
  •     Analysts at Morgan Stanley (NYSE:MS) initiated coverage on Yandex (YNDX)  with an “Overweight” rating and a target price of $42.00
    IMMUCOR (BLUD): Free Stock Analysis Report













You may also like: