Schlumberger ignited M&A chatter after the oil services giant agreed to buy rival Smith International for $11 billion.
And, according to Bloomberg,Thermo Fisher Scientific, the world’s largest maker of lab instruments, made an unsolicited takeover offer of about $6 billion for Millipore .
Thermo Fisher, based in Waltham, Massachusetts, makes a range of analytical instruments and laboratory equipment used in manufacturing, health care and environmental industries. Millipore, based in Billerica, Massachusetts, is a supplier of diagnostics and laboratory equipment to the biotechnology industry.
What’s the trade?
I expect to see more deals in energy, muses Tim Seymour.
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Trader disclosure: On February 22nd, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Kaminsky Owns (LULU) Puts; Kaminsky Owns (EPV); Seymour Owns (AAPL), (F), (INTC), (BAC), (INTC), (TSL); Najarian Owns (BP); Najarian Owns (CMC) Call Spread; Najarian Owns (INTC) Calls; Najarian Owns (MYL); Najarian Owns (MS); Najarian Owns (TEVA), (TEVA) Puts; Najarian Owns (TMO) Calls; Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM); Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leap; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Is Short (CAKE); Finerman's Firm And Finerman Own (GOOG); Finerman's Firm Owns (KFT), (M), (SKS), (TGT); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm Owns (WMT); Finerman's Firm And Finerman Own (JPM); Finerman's Firm Owns (MCD); Finerman's Firm Owns (YUM); Kelly Owns (FXE) Puts; Kelly Owns (QLGC) Calls; Kelly Owns (AMZN) Calls; Kelly Owns (HOV) Calls; Kelly Owns (FXE) Puts; Kelly Owns (FXE) Puts
For Tim Seymour
Seygem Asset Management Owns (FCX) Puts
For JoeTerranova
Terranova Owns (JPM), (IBM), (QCOM), (GOOG), (EMC), (AAPL), (DELL), (MSFT)
Terranova Is Long December 2010 Crude Oil Futures
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (SKT)
For Brian Kelly
Kanundrum Capital Owns (C)
Kanundrum Capital Owns (JPM)
Kanundrum Capital Owns (ELX)
Kanundrum Capital Owns (QLGC)
Kanundrum Capital Owns (BRCM)
Kanundrum Capital Owns (EWP)
Kanundrum Capital Owns (NBG)
Kanundrum Capital Is Short (FCX)
Kanundrum Capital Is Short Copper Futures
Kanundrum Capital Is Long U.S. Dollar
Kanundrum Capital Is Short Euro, Yen, British Pound, Singapore Dollar
Kanundrum Capital Is Short British Pound
Kanundrum Capital Is Short Yen
Kanundrum Capital Owns (GDXJ)
For Will Landers
BlackRock Latin America Fund Owns (PBR)
BlackRock Latin America Fund Owns (VALE)
BlackRock Latin America Fund Owns (BBD)
BlackRock Latin America Fund Owns (ITUB)
Landers Owns BlackRock Latin America Fund
For Deborah Weinswig
A Director Of Citi Is On The Board And Audit Committee Of (TGT)
An Employee Of Citigroup Global Markets Or Affiliates Is A Trustee Of (TGT)
Citigroup Global Markets Or Affliates Ownes 1% Or More Of (JCP), (SKS)
Citigroup Global Markets Or Affiliates Has Received Investment Banking
Compensation For Services Provided In Past 12 Months From (TGT), (WMT),
(SKS), (KR), (SVU), (DG)
Citigroup Global Markets Or Affiliates Expects To Receive/Seek Investment
Banking Compensation From (WMT) In Next 3 Months
Citigroup Global Markets Or Affiliate Received Non-Investment Banking
Compensation In past 12 Months From (COST), (M), (JCP), (KSS), (TGT), (WMT), (HD), (WAG), KR), (SWY) (SVU)
(DG), (TGT), (WMT), (SKS), (KR), (SVU) Are Or In Past 12 Months Were Investment Banking Clients Of Citigroup Global Markets
(COST), (M), (JCP), (KSS), (WMT), (HD), (WAG), (KR), (SWY) Are Or In Past 12
Months Were Clients Of Citigroup Global Markets (Non-Investment Banking, Securities-Related Services)
(COST), (M), (JCP), (KSS), (TGT), (WMT), (HD), (WAG), (KR), (SWY), (SVU) Are Or In Past 12 Months Were Clients Of Citigroup Global Markets (Non-Investment Banking, Non-Securities Related Services)
Citigroup Global Markets Or Affiliate Received Compensation From (DG) In Past 12 Months
Citigroup Global Markets Is A Market Maker In (COST), (M), (CVS)
For Louis Navellier
Navellier Owns (F) In Personal Or Client Portfolios
Navellier Owns (AMT) In Personal Or Client Portfolios
Navellier Owns (BIDU) In Personal Or Client Portfolios
(F), (AMT), (BIDU) Are Holdings In Navellier's Blue Chip Growth Newsletter
Portfolio
For Mike Khouw
Cantor Fitzgerald & Co. Is A Market Maker In (AAPL)
Cantor Fitzgerald & Co. Is A Market Maker In (BIDU)
Cantor Fitzgerald & Co. Is A Market Maker In (COST)
Cantor Fitzgerald & Co. Is A Market Maker In (CSCO)
Cantor Fitzgerald & Co. Is A Market Maker In (F)
Cantor Fitzgerald & Co. Is A Market Maker In (GOOG)
Cantor Fitzgerald & Co. Is A Market Maker In (INTC)
Cantor Fitzgerald & Co. Is A Market Maker In (LULU)
Cantor Fitzgerald & Co. Is A Market Maker In (MSFT)
Cantor Fitzgerald & Co. Is A Market Maker In (QCOM)
Cantor Fitzgerald & Co. Is A Market Maker In (T)
Cantor Fitzgerald & Co. Is A Market Maker In (VZ)
Cantor Fitzgerald & Co. Is A Market Maker In (YHOO)
Cantor Fitzgerald & Co. Is A Market Maker In (C)
Cantor Fitzgerald & Co. Is A Market Maker In (GS)
Cantor Fitzgerald & Co. Is A Market Maker In (MS)
Cantor Fitzgerald & Co. Is A Market Maker In (JPM)
Cantor Fitzgerald & Co. Is A Market Maker In (XLF)
Cantor Fitzgerald & Co. Is A Market Maker In (BAC)
Cantor Fitzgerald & Co. Is A Market Maker In (WFC)
For Louis Navellier
Navellier Owns (F) In Personal Or Client Portfolios
Navellier Owns (AMT) In Personal Or Client Portfolios
Navellier Owns (BIDU) In Personal Or Client Portfolios
(F), (AMT), (BIDU) Are Holdings In Navellier's Blue Chip Growth Newsletter Portfolio
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