Stocks: (MSFT)(YHOO)(TXN)(BRCOM)(QCOM)(C)
According to Reuters, the Nasdaq has launched a $5.3 billion hostile bid for the London Stock Exchange.
Reuters writes that Microsoft has begun tests of its new voice over IP system.
Reuters writes that Yahoo! has opened its new Panama advertising service to newcomers and potential converts from rivals.
The New York Times reports that Sabre has been sold to private equity interests for $4.3 billion.
The Wall Street Journal reports that the board of Delta is meeting to consider a bid from US Airways.
According to The Wall Street Journal DuPont will cut 1,500 jobs in a restructuring.
The Wall Street Journal reports that Texas Instuments has cut its forecasts due to weakening demand for its chips.
The New York Times reports that Qualcomm lost its dispute over patents with Broadcom in a ruling by the Internatinal Trade Commission.
The FT reports that Citigroup has tapped the head of its investment banking unit to be president of the parent.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
