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Altera Corp

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  • *Humana hits record on takeover interest. *Altera rises on report of Intel interest. May 29- U.S. stocks closed lower on Friday as data showed the economy contracted in the first quarter but indexes still posted gains for the month.

  • GameStop and Greif are big market movers Friday, 29 May 2015 | 4:45 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. GameStop Corp., up $2.49 to $43.41. Greif Inc., down $3.57 to $38.19.

  • *Intel to offer $54 per share- source. May 29- Intel Corp has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. The deal will allow Intel to bundle its own server chips with Altera's line of programmable chips,...

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom...

  • May 29- Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday. Intel and Altera did not respond to requests for comment. In April, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, sources told...

  • May 29- Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $15 billion acquisition agreement, a person familiar with the matter said on Friday. Intel and Altera did not respond to requests for comment. In April, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, sources told...

  • *Altera up on report of Intel takeover interest. May 29- U.S. stock futures were largely unchanged, keeping the market on course to open lower on Friday, after data showed that the economy contracted in the first quarter. "Monetary policy from the Fed is forward looking and GDP by definition is a rear view mirror and the important thing now is that it wasn't a big miss,"...

  • Early movers: BIG, GME, DECK, AMZN, EQIX & more Friday, 29 May 2015 | 8:01 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • May 29- U.S. stock index futures were lower on Friday amid worries about Greece's ability to strike a deal with its euro zone partners by Sunday and ahead of U.S. gross domestic product data. *Altera rose 6.2 percent to $49.90 in premarket trading after the New York Post reported that Intel was close to buying the chipmaker for about $15 billion.

  • US stocks await GDP; Greece may weigh Friday, 29 May 2015 | 6:11 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock markets looked set for a lower open on Friday, as uncertainty over Greece weighed on European shares and U.S. stock index futures.

  • Intel close to $15B Altera tie-up: Report Friday, 29 May 2015 | 3:28 AM ET
    Visitors take pictures next to the Intel logo outside of company headquarters in Santa Clara, California.

    Intel is close to a deal to buy smaller chipmaker Altera for about $15 billion, according to a report in the New York Post.

  • Intel nears $15 bln deal to buy Altera - NY Post Friday, 29 May 2015 | 1:07 AM ET

    May 29- Intel Corp is close to a deal to buy smaller chip maker Altera Corp for about $15 billion, the New York Post reported. The deal price could be as much as $54 a share, a 15 percent premium over Altera's Thursday closing price of $46.97, the New York Post reported, citing a source close to the situation. Altera in April rejected an unsolicited $54 per share offer from...

  • May 28- Avago Technologies Ltd's $37 billion deal to buy chipmaker Broadcom Corp creates new competitive challenges for Qualcomm and may force the world's largest mobile chip maker to radically rethink its own strategy. Qualcomm Inc, which has dominated the market for connectivity chips on smartphones, has been looking to extend its reach into data centers...

  • *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed to buy Broadcom Corp for $37 billion in the biggest chip industry deal ever, creating a company that will be able to supply chips used in everything from iPhones to servers used in data centers. Avago, a maker of chips for the wireless and industrial markets, is offering...

  • Ann and Endo big market movers Monday, 18 May 2015 | 4:34 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Ann Inc., up $7.69 to $46.40. Media General Inc., up 93 cents to $16.37.

  • *Altera rallies on Intel M&A report. U.S. homebuilder sentiment fell in May although most builders view market conditions as favorable, the National Association of Home Builders said on Monday. "It's becoming more of the collective thought that the Fed can wait, because you really don't see any blistering growth," said Kurt Brunner, a portfolio manager at...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, with the Dow and S&P setting records, as investors shook off concerns about Greek debt and a renewed rise in bond yields.

  • *Altera rallies on Intel M&A report. "It's becoming more of the collective thought that the Fed can wait because you really don't see any blistering growth," said Kurt Brunner, a portfolio manager at Swarthmore Group in Philadelphia. Apple's shares rose 1.39 percent to $130.57 after billionaire investor Carl Icahn said the stock was "still dramatically...

  • US STOCKS-Dow, S&P touch record highs Monday, 18 May 2015 | 1:04 PM ET

    *Ann rises after Ascena Retail takeover offer. The National Association of Home Builders/Wells Fargo Housing Market index fell to 54 from 56 in April. "Right now with the way things are going, especially with the yield curve getting steeper, it's going to be less and less likely the Fed will raise rates in September," John Burke, CEO of Burke Financial Strategies in...

  • US STOCKS-Wall St down as homebuilder confidence slips Monday, 18 May 2015 | 10:59 AM ET

    *Altera up on report of possible deal with Intel. *Ann rises after Ascena Retail takeover offer. "Right now with the way things are going, especially with the yield curve getting steeper, it's going to be less and less likely the Fed will raise rates in September," John Burke, CEO of Burke Financial Strategies in New York.