Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, December 13, 2011

Takeover Digest - Wall Street Journal - Dec 13, (NASDAQ: AAPL), (NASDAQ: GOOG), (NYSE: MDT)

The following were the top stories in The Wall Street Journal on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy. * Three ex-Washington Mutual executives agreed to settle a civil lawsuit stemming from the biggest-ever U.S. bank failure for less than 10 percent of the $900 million that was sought by regulators.* Facing challenges winning over customers for its iAd mobile advertising service, Apple Inc is softening its approach as it loses ground to Google Inc in the fast-growing mobile-ad market.* Medtronic Inc has agreed to pay $23.5 million to resolve allegations that it paid illegal kickbacks to physicians who participated in its postmarket studies and device registries to induce doctors to implant the company's pacemakers and defibrillators, the Department of Justice said Monday.* Intel Corp warned its fourth-quarter revenue will fall about $1 billion below its own targets, making the technology company the latest to pin lower sales on supply disruptions caused by flooding in Thailand.

Apple Inc. (Apple) designs, manufactures and markets a range of personal computers, mobile communication and media devices, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL fell by 0.45% or $-1.78/share to $391.84. In the past year, the shares have traded as low as $310.50 and as high as $426.70. On average, 18792600 shares of AAPL exchange hands on a given day and today's volume is recorded at 10752338.

Google Inc. (Google) is focused on improving the ways people connect with information. Shares of GOOG fell by 0.32% or $-2.03/share to $625.39. In the past year, the shares have traded as low as $473.02 and as high as $642.96. On average, 3131070 shares of GOOG exchange hands on a given day and today's volume is recorded at 2185234.

Medtronic, Inc. (Medtronic) is a medical technology company. Shares of MDT fell by 1.31% or $-0.47/share to $35.45. In the past year, the shares have traded as low as $30.18 and as high as $43.33. On average, 6502610 shares of MDT exchange hands on a given day and today's volume is recorded at 4010937.



Source