(BLUD) Company News for July 6, 2011 – Corporate Summary

•    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. (NASDAQ: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 (NASDAQ:YNDX)  with an “Overweight” rating and a target price of $42.00

IMMUCOR (BLUD): Free Stock Analysis Report

PEABODY ENERGY (BTU): Free Stock Analysis Report

EL PASO ELEC CO (EE): Free Stock Analysis Report

ENERGY TRAN EQT (ETE): Free Stock Analysis Report

GOLDMAN SACHS (GS): Free Stock Analysis Report

ST JOE CO (JOE): Free Stock Analysis Report

MEDTRONIC (MDT): Free Stock Analysis Report

MORGAN STANLEY (MS): Free Stock Analysis Report

SOUTHN UNION CO (SUG): Free Stock Analysis Report

WELLS FARGO-NEW (WFC): Free Stock Analysis Report

WILLIAMS COS (WMB): Free Stock Analysis Report

WESTERN UNION (WU): Free Stock Analysis Report

ZALICUS INC (ZLCS): Free Stock Analysis Report

Zacks Investment Research

About vitalstocks

This is a sample profile field. Vitalstocks is the operating company for Stockbloghub. This will place the picture of the author or company in the profile. Here is another extra line of information.


Powered by Facebook Comments

Similar Posts: | | | | | | | | | | | | | | | | | | | | | | | | | | Diagnostic Substances | Healthcare

RSS feeds: BLUD | BTU | EE | El Paso Electric Company | Energy Transfer Equity L.P. | ETE | Goldman Sachs Group | GS | Immucor Inc. | JOE | MDT | Medtronic Inc | Morgan Stanley | MS | Oppenheimer Holdings Inc | OPY | Peabody Energy Corporation | Southern Union Company | SUG | The St. Joe Company | Wells Fargo & Company | Western Union Company | WFC | Williams Companies Inc. | WMB | WU | Diagnostic Substances | Healthcare |

Other Posts by | RSS Feed for this author