Updated throughout the day

Astellas Pharma may have competing bids in it effort to takeover OSI Pharmaceuticals (NYT)

The FDIC will sell $1.8 billion of guaranteed asset-backed debt (IFR).

Diageo could bid as much as 624 million pounds to buy Sichuan Shui Jing Fang, the fourth largest spirits company in China (Reuters)

The Senate Banking Committee is close to a compromise on bank reform which would put consumer watchdog powers with the Fed (CNBC)

News Corp (NWS) may make a bid for Monster (MWW) (Barron’s)

Dendreon’s (DNDN) prostrate drug Provenge may be reviewed by an FDA advisory panel (TheStreet)

Douglas A. McIntyre