Updated throughout the day.
Update 1:45 PM EST: Tellabs Inc. (NASDAQ: TLAB) is at risk of losing much of its AT&T business due to vendor consolidation (Barclays research downgrade). Shares down over 11% at $6.97.
Update: Societe Generale has a massive derivative desk trading losses… Shares down over 7% in Paris.
Booz & Co. and AT Kearney are in merger talks (FT)
The BP plc well cap is capturing 90% of leaking oil (Bloomberg)
Douglas A. McIntyre
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
