Stocks Finish Mixed; Nasdaq Extends Rally
Agius departs following the bank's $453 million settlement of an investigation into alleged interest rate manipulation.
The offer of $9 a share is a 66% premium to BrightPoint's closing price Friday of $5.41.
Ingram shares gained about 0.5% and BrightPoint's stock surged more than 66%.Germany's Linde agreed to buy Lincare Holdings (LNCR) for about $3.8 billion. Under the deal, Linde will pay $41.50 a share for Lincare, a leader in the U.S. home respiratory market. Lincare shares popped more than 21%. Apple (AAPL - Get Report) agreed to pay $60 million to Shenzhen Proview Technology to settle a dispute in China over ownership of the iPad name, a court announced Monday, according to a report from The Associated Press. The deal removes a potential obstacle to sales of the iPad in China, a key market. Apple's stock rose 1.49%.
2012 Stock Predictions and Outlook
|Your one-stop shop for 2012 stock recommendations and market predictions.
>To contact the writer of this article, click here: Andrea Tse.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts