Carl Icahn wants Navistar to consider merging with rival Oshkosh, though he has not yet made a formal proposal to either company.
The top after-market NYSE gainers on Wednesday were: HNI Corp, Swift Transportation, Campus Crest Communities, Commercial Metals and WESCO International. The top after-market NYSE losers were: Astoria Financial Corp, Western Digital Corp, Fidelity National Financial, Fidelity National Financial and Alcatel Lucent.
An offer of free games, translation software or other apps to compensate BlackBerry users for last week's prolonged outage left Research In Motion investors cool on Monday, and the shares fell 6 percent.
For the first time, activist investor Carl Icahn declared he will not participate in shareholder efforts to shake up BlackBerry developer Research in Motion.
What will Google buy with all that cash? Here are some suggestions.
Forest Laboratories Inc is looking more at earlier-stage products to acquire rather than more advanced ones because it feels confident it can weather the patent expirations of its two biggest medicines, the drugmaker's finance chief said on Thursday.
Add some more private equity bigfeet to the cluster that may be looking to acquire Yahoo: Kohlberg Kravis Roberts and Blackstone Group.
Owners of nearly 12 percent of BlackBerry developer Research in Motion are demanding a shakeup or sale, Toronto activist investor Victor Alboini tells IBTimes.
Motorola Solutions, the “old” Motorola sector not being acquired by Google, introduced its ET1 Tablet, an Android-based device intended for retail and factory use.
Shares of Research In Motion surged on Wednesday on takeover speculation a day after the BlackBerry maker's stock fell below $20 for the first time in almost six years.
With Canadian activist Victor Alboini already buying into BlackBerry maker Research in Motion and rumors that Carl Icahn may join him, a top analyst suggests there’s little interest in another company taking it over.
Shares of BlackBerry developer Research in Motion fell to a new yearly low as Apple started to introduce its iPhone5. Apple CEO Tim Cook said 93 percent of the Fortune 500 are testing it.
Shares of Research In Motion jumped nearly 10 percent Tuesday morning on talk that it had hired an investment bank, reviving speculation that the BlackBerry maker could become a takeover target.
A secondary offering of shares in Lions Gate Entertainment Corp by affiliates of billionaire investor Carl Icahn has been put on hold due to poor market conditions, a source with direct knowledge of the process said.
Reaction to the Icahn rumor may reflect the immense amount of investor frustration over a company that has rapidly lost its way.
Shares of BlackBerry developer Research in Motion vaulted 6 percent Tuesday amid speculation Carl Icahn has joined Canadian hedge funds in a move to shake up the company.
Stocks extended a recent rally and rose more than 2 percent on Tuesday on euro- zone officials' efforts to solidify the region's rescue fund in an attempt to alleviate the debt crisis.
Billionaire investor Carl Icahn abandoned his quest to take over the board of Clorox Co on Friday, saying he lacked support from other major investors, sending its shares down almost 5 percent in extended trading.
Legal filings show that Google initially offered to pay as little as $8.4 billion for Motorola Mobility before finally settling for $12.5 billion demanded by financial advisers.
Yahoo's board of directors is scheduled to meet Wednesday, and besides hearing presentations from investment adviser Allen & Co., it's also under a new threat from Daniel Loeb's Third Point fund.
Add Ciena to the list of undervalued companies that have attracted activist investors. MIPS Technologies, Openwave Systems, Yahoo, Research in Motion and maybe Motorola Solutions to the ranks of endangered companies.
Yahoo’s summary firing of CEO Carol Bartz knocked out one of the most visible women CEOs but also showed a phenomenon called the “glass cliff,” a technology professional women’s association said.