Johnson & Johnson (NYSE: JNJ)- Johnson & Johnson and Synthes, Inc., a manufacturer of orthopaedic devices, announced that they have entered into a definitive agreement whereby Johnson & Johnson will acquire Synthes for CHF159 per share, or $21.3 billion.
French nuclear reactor maker Areva (CEPFi.PA) and utility GDF Suez (GSZ.PA) are set to announce a partnership in wind energy in the next few weeks.
LG Electronics Inc, the world’s No.3 handset maker, posted an unexpected net loss for the first quarter of 2011, said that it expected its handset business to return to profit in the second half.
The Sony (NYSE: SNE) Playstation network was hacked and personal data was exposed. The company’s severe issues with its PlayStation network are far worse than expected.
Applied Materials, Inc. (NASDAQ:AMAT) publicized today that it has got the esteemed 2010 Supplier Excellence Award from its customer, Texas Instruments (TI), for the exceptional contributions of Applied’s service group.
Amazon (NASDAQ: AMZN) announced first-quarter revenues up 38 percent from a year earlier to USD 9.86 billion. Operating profit fell to USD 322 million from USD 344 million in the first quarter of 2010, and net profit dropped 33 percent to USD 201 million or USD 0.44 per share.
Seagate Technology PLC (NASDAQ:STX) moved down 0.33% to $18.14 with total traded volume of 12.78 million shares. Company’s 5 years revenue rate remained 8.57%. Its current ratio was 1.77 and debt to equity was 1.17. The total market capitalization is $8.22 million.
News Corp (NYSE: NWS) hopes to receive bids over $100 million for MySpace. Microsoft (NASDAQ: MSFT) still faces falling PC demand and a weak stock performance. Nasdaq (NASDAQ: NDAQ) and ICE have begun to pressure NYSE (NYSE: NYX) shareholder to accept their bid.
NVIDIA Corporation (NASDAQ:NVDA) went up 2.60% to $19.30 with the total traded volume during last trading session was 16.90 million shares.
BP plc (NYSE: BP) posted first quarter profit attributable to BP shareholders of $7.12 billion or 37.42 cents per share, compared to $6.08 billion or 31.99 cents per share last year.
Yahoo! (NASDAQ: YHOO) showed a positive weekly performance of 5.69% associated to its rate of return which for the month was 1.89%.
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