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Wednesday, October 26, 2011

Takeover Digest - New York Times - Oct 26, (NYSE: ITUB), (NYSE: MS)

The New York Times reported the following stories on its business pages on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy. * Rajat K. Gupta, the most prominent executive ensnared in an aggressive insider trading investigation and a former director of Goldman Sachs, is expected to surrender to authorities.* As Congress considers reauthorizing a law that sets the fees for medical device makers, venture capitalists are emerging as an influential ally of companies eager for a quicker regulatory process.* Virginia Rometty, a senior vice-president at IBM , will be the company's next chief executive, the directors announced on Tuesday. She will succeed Samuel J. Palmisano, 60, who will remain as chairman, at the start of next year.* Goldman Sachs , JP Morgan and Morgan Stanley are among Wall Street investment firms vying to manage the sovereign wealth fund being established by oil-rich Nigeria.

Itau Unibanco Holding S.A. is a bank in Brazil. The Company has four operational segments: Commercial Banking, Itau BBA, Consumer Credit and Corporate and Treasury. Shares of ITUB fell by 3.81% or $-0.72/share to $18.19. In the past year, the shares have traded as low as $14.47 and as high as $26.30. On average, 19445500 shares of ITUB exchange hands on a given day and today's volume is recorded at 18454492.

Morgan Stanley is a global financial services firm that, through its subsidiaries and affiliates, provides its products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS fell by 3.67% or $-0.63/share to $16.52. In the past year, the shares have traded as low as $12.36 and as high as $31.04. On average, 32654500 shares of MS exchange hands on a given day and today's volume is recorded at 23647532.



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