(NewsVisual, powered by IntellectSpace) -- Genentech Inc (NYSE: DNA) was in for a surprise when partner Roch Holdings AG made it's $44 billion takeover offer. The move could significantly change the way the two do business from here on out.Roche already controls 56% of the biotechnology company, though Genetentech employees expressed concern about the impact that a full takeover could have on the company's corporate culture. The fate of the remaining 44% of Genentech is still unknown as... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Yahoo Inc (NASDAQ: YHOO) is facing even more heat from it's opponents as Microsoft Corp (NASDAQ: MSFT) and billionaire investor Carl Icahn continue to challenge the company's board.
Microsoft and Icahn are still pushing for a deal, despite resistance from Yahoo's leadership, and are now circumventing the higher-ups by publicly detailing why such a move would benefit the company's shareholders.
Icahn is set on replacing the board and Microsoft is... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Microsoft Corp (NASDAQ: MSFT) is reviving its intentions to aquire all or part of Yahoo Corp (NASDAQ: YHOO), and in the process could find a powerful ally in billionaire investor Carl Icahn.
The computer giant said Monday that it was willing to reconsider a deal with Yahoo if the internet services company was willing to replace its board. Many of Yahoo's current board has been strongly opposed to any attempts at a sale or break-up of the company... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Bear Stearns Cos (NYSE: BSC) is on the verge of collapse, and the Federal Reserve's report on the matter could mean more bad news for taxpayers.
Last Thursday the Federal Reserve estimated Bear Stearns' value after accepting JP Morgan's (NYSE: JPM) $28.9 billion loan used to buy the troubled firm as collateral.
However, thanks to falling markets that collateral is now worth only $28.8 billion, meaning that the $1.15 billion that JP Morgan agreed... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Yahoo Inc (NYSE: YHOO) may be looking to combine with Time Warner Inc (NYSE: TWX) in an effort to deter future takeover attempts by Microsoft Corp (NASDAQ: MSFT).
The potential deal could give Yahoo control of AOL, and Time Warner would then take a stake in Yahoo.
Talks between the companies had originally started earlier this year, though Microsoft's failed attempt to acquire Yahoo and the subsequent fall-out after effectively haulted any deals... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Microsoft Corp (NASDAQ: MSFT) hasn't given up on its attempt for a piece of Yahoo Inc (NASDAQ: YHOO), and is supposedly planning its methods for a successful takeover.
In another attempt to acquire Yahoo's search business, Microsoft has met with Time Warner Inc (NYSE: TWX) and News Corp (NYSE: NWS) to discuss deals that would up its chances of successfully reaching an agreement with Yahoo.
Though some close to the meetings are quick to downplay... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Lehman Brothers Holdings Inc (NYSE: LEH) experienced major drops in the value of its shares on Monday, leaving the troubled finance firm at risk of a takeover.
Share prices haven't been this low since 2000, and some analysts are speculating that Lehman Brothers could be facing some major hurdles in the near future. One prediction is that the firm may even be forced to sell itself on the cheap if performance doesn't quickly improve. Insiders are... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Sprint Nextel Corp (NYSE: S) could be on its way to a full recovery from its recent financial struggles.
The wireless carrier, which has experienced major losses in the last year, has been implimenting turnaround tactics that are increasing investor confidence, leading to a 13% jump in stock price last week.
Increased focus on improving consumer service and it's new products has some analysts predicting that the next quarter will see greater... Read Full Story
(NewsVisual, powered by IntellectSpace) -- Yahoo! Inc (NASDAQ: YHOO) has announced yet another plan for reorganization, yet after a shaky last few months that left investors doubting its leadership, some are wondering whether this latest plan is mearly an attempt at distraction.
On Thursday the company announced that it would create three primary divisions focused on new product creation and data usage. The plan may have been a good idea last year, however critics are panning Yahoo for... Read Full Story
