Stocks in the News: Sybase, Cisco, Kohl's
Posted on May 13, 2010 at 07:51 AM EDT
The following is a round-up of news likely to affect stock prices today: SAP ( SAP ) on Wednesday announced it has agreed to pay $5.8 billion for Sybase ( SY ). The all-cash deal is for $65 per SY share, a 56% premium to Tuesday's closing price. Already Wednesday SY shares closed 35% higher at $56.14. In premarket trading SY shares continued to climb, rising another 15% to $64.50. Cisco ( CSCO ) said... Continue reading Stocks in the News: Sybase, Cisco, Kohl's Stocks in the News: Sybase, Cisco, Kohl's originally appeared on DailyFinance on Thu, 13 May 2010 07:51:00. Filed Under: Company News , Investing Permalink | Tweet this! | Comments