Before the bell: BSC, UAUA, YHOO, AAPL, TIVO, PFE |
| Published: May 29, 2008, 4:30 am |
| Tags: aapl, bsc, dell, inthenews, jpm, lcc, msft, pfe, tivo, uaua, yhoo |
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Filed under: Before the bell, Earnings reports, Deals, Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), Dell (DELL), Pfizer (PFE), JPMorgan Chase (JPM), US Airways Group (LCC), UAL Corp (UAUA), Bear Stearns Cos (BSC) Before the bell: Futures mixed ahead of GDP; after COST, SHLD reporting Bear Stearns (NYSE: BSC) shareholders are due to approve the buyout by JPMorgan Chase (NYSE: JPM) today, marking what many feel as an end of an era as the 85-year-old company collapsed due to the subprime mortgage crisis. The chief executives of UAL Corp. (NASDAQ: UAUA) United Airlines and US Airways (NYSE: LCC) are set to meet today to discuss a possible deal despite concerns that threaten the deal, according to two people briefed on the discussions, the AP reported. Stocks of both airlines are up over 2% in premarket trading. In other deal news, Yahoo (NASDAQ: YHOO) CEO Jerry Yang said that Yahoo is not a company under siege and that he is still waiting for a clearer proposal from Microsoft Corp. [ Full article ] |
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