Bridgestone on Monday said it plans to acquire Pep Boys for about $835 million in cash.» Read More
Check out which companies are making headlines after the bell Monday.
Stocks ended lower Monday, weighed by a weaker-than-expected manufacturing report and despite new details of a counter-offer from House Republicans to avert the "fiscal cliff."
Shares of Samsung Electronics, which have surged almost 35 percent since the start of the year, closed at an all-time high on Thursday boosted by expectations that its smartphone business will continue to drive strong profit growth.
With bigger companies looking to grow, many may look to acquire smaller firms. That’s one of the reasons Mario Gabelli, chairman of Gamco Investors, sees opportunity in small-cap equities.
Oct 11- Pep Boys-Manny Moe and Jack:. *Co amended and restated its credit agreement- SEC filing. *The amendment increased the size of the term loan from $147 million to $200.
The Nasdaq Composite Index increased 1.18 points, or 0.04 percent, to 3,150.64. **PRIMERO MINING CORP, $7.16, up 32.6 pct. **FLEETMATICS GROUP PLC, $22.98, up 35.2 pct.
Take a look at some of Friday's midday movers:
The Nasdaq Composite Index added 8.92 points, or 0.28 percent, to 3,158.38. **PRIMERO MINING CORP, $7.70, up 42.75 pct. The ruling confirms that Primero can record silver revenue and taxes from its San Dimas gold mine in Durango state at the realized silver price rather than the spot price.
Oct 5- Pep Boys-Manny Moe and Jack:. *Benchmark raises Pep Boys Manny Moe and Jack to buy from hold; price. Reuters Station users, click. 1568.
Check out which companies are making headlines after the bell Monday:
Find out why the “Mad Money” host thinks the auto parts retailer’s stock should be avoided.
Check out which companies are making headlines after the bell Wednesday:
Stocks finished sharply lower Wednesday, wiping out all of the previous session's gains, as growing worries over rising bond yields in Spain and Italy and fears over Greece's possible euro zone exit kept investors on edge.
If you’re looking for a stock that’s oversold, top trader Mike Murphy says look no further than Pep Boys.
Discussing the trade on 10-year Treasury yields since the charts are hitting all-time lows, and how to play Pep Boys after its proposed buyout deal with a private equity group has fallen apart, with Jeff Kilburg, Kilburg Capital and Michael Murphy, Rosecliff Capital.
Take a look at some of Wednesday’s morning movers:
Private-equity firm The Gores Group may hit the brakes on its $15 a share buyout of Pep Boys—Manny Moe & Jack, as the auto parts and repair giant slipped to a loss in the fourth quarter of 2011, and reported weaker-than-forecast preliminary first quarter earnings on Tuesday.
Hedge funds, coming off their second-worst year in two decades, are on the rebound this year, but they’re still trailing the broader market. Here are some of their top stock picks.
Cramer makes the call on viewers' favorite stocks.
Stocks cut most of their earlier losses, but still finished in negative territory Monday as ongoing worries over the euro zone debt crisis kept investors from fully jumping in.