Investors, Officers Cash In As Vanda Share Price Rises
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Vanda Pharmaceuticals, which went public in April at $10 a share, has seen that price soar to more than $26 in the past month after reporting positive late-stage test results for two of its drugs.
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Shares in Debenhams rise more than 7% after a Dubai-based investor ups its stake in the firm.
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More defibrillators in use mean higher earnings for some investors.
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Vodafone announced on Tuesday an aggressive doubling of its dividend and a further increase to its share buyback programme in a firm sign that the mobile operator has listened to shareholder demands to increase its cash payouts.
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LONDON (CBS.MW) -- Mobile phone network leader Vodafone Group on Tuesday cheered the market by more than doubling its interim dividend and increasing its share buyback plan by 1 billion pounds ($1.
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REDWOOD SHORES, Calif., Oracle is increasing the stakes in its hostile takeover bid for PeopleSoft. Oracle has increased its cash offer for PeopleSoft shares from 21 dollars a share to 24 dollars a share.
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Shares of casino operator Las Vegas Sands (LVS) jumped $17.56, or 61%, to $46.56 in their first day of trading, hearkening back to the heady 1990s when initial public offerings would surge out of sight on their debut.
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Technology stocks rose on Tuesday,  helped by Veritas Corp. VRTS.O after a report the software  company was close to being acquired, while blue chips were  little changed as investors awaited an expected interest-rate  hike.
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The cigarette and food producer raised its quarterly dividend by 6 cents to 86 cents a share, less than some analysts had expected.
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STOCKHOLM - Nasdaq and Borse Dubai said yesterday they raised their bid for Sweden's OMX exchange by 15 percent to $4.9 billion and entered agreements with key shareholders to secure nearly half of OMX shares.
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Food company shares regained a bit of their luster on Friday when several showed they could keep customers while raising prices.
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Many have been expecting the initial public offering (IPO) from the Las Vegas Sands (NYSE: LVS) to be hot. The shares were originally priced at $20 to $22 each.
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Equity Office Properties Trust   said on Tuesday that the Blackstone Group  raised the  price of its takeover bid to $55.50 per share, after rival  bidder Vornado Realty Trust  sweetened its own offer.
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The valuation on this company's shares has risen to mythical proportions.
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Shares in takeover target National Foods have pushed further ahead on the Australian Stock Exchange. Yesterday, they surged more than 5 per cent higher to $6.25, after Philippine food and drink giant San Miguel
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Business & money: Values rose by 0.7% in September despite financial turmoil.
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The CAPS community wants to insure some nice returns from this stock.