Company news for December 3, 2013 - Corporate Summary

By
A A A

•    U.S. antitrust regulators have given their assent to Microsoft Corporation's (NASDAQ: MSFT ) acquisition of Nokia Corporation's (NYSE: NOK ) mobile phone business.

•    Shares of Forest Laboratories, Inc. (NYSE: FRX ) jumped more than 9% after the company said it is planning to purchase rights to a fresh schizophrenia treatment from Merck & Co., Inc. (NYSE: MRK ). The company is also planning to reduce its annual operating costs by $500 million in fiscal 2016.

•    The Dow Chemical Company (NYSE: DOW ) jumped more than 2% after the company said it is planning to sell off the majority of its chlorine business.

•    Akamai Technologies, Inc. (NASDAQ: AKAM ) will purchase Prolexic Technologies Inc, a cloud-based security supplier for nearly $370 million.



AKAMAI TECH (AKAM): Free Stock Analysis Report

DOW CHEMICAL (DOW): Free Stock Analysis Report

FOREST LABS A (FRX): Free Stock Analysis Report

NOKIA CP-ADR A (NOK): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: AKAM , DOW , FRX , NOK

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Tiny Homes With Big Appeal
Tiny Homes With Big Appeal          

Stocks

Referenced

Most Active by Volume

270,887,127
    $93.89 unch
225,243,115
  • $40.93 ▼ 2.74%
135,900,109
  • $47.52 ▲ 1.80%
89,467,924
  • $5.35 ▼ 1.11%
85,105,358
  • $16.95 ▼ 0.53%
80,748,539
  • $39.80 ▼ 4.21%
68,491,586
  • $3.57 ▼ 1.79%
62,097,356
  • $100.96 ▼ 0.82%
As of 9/19/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com