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

Monday, April 28, 2014

Takeover Digest- New York Times business news - April 28, (NYSE: AZN), (NASDAQ: CHTR), (NYSE: PFE)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Charter Communications Inc is set to announce a roughly $22 billion deal with Comcast Corp on Monday that would bolster its subscriber base, people briefed on the matter said on Sunday. The three-part plan, which is scheduled to be announced along with Charter's first-quarter earnings, would allow the cable company to expand from its current largely regional presence to become the country's second-largest cable operator. (r.reuters.com/wuz78v)* Pfizer Inc is close to publicly unveiling its interest in acquiring AstraZeneca Plc of Britain, a person briefed on the matter said on Sunday, in what would be one of the biggest in an already swelling series of deal efforts among drug makers. (r.reuters.com/xuz78v)

AstraZeneca PLC (AstraZeneca) is a global biopharmaceutical company. Shares of AZN fell by 0.51% or $-0.35/share to $68.66. In the past year, the shares have traded as low as $46.87 and as high as $70.71. On average, 2448110 shares of AZN exchange hands on a given day and today's volume is recorded at 1979126.

Charter Communications, Inc. (Charter) provides cable services in the United States, offering a range of entertainment, information and communications solutions to residential and commercial customers. Shares of CHTR fell by 0.37% or $-0.48/share to $130.01. In the past year, the shares have traded as low as $99.41 and as high as $144.02. On average, 1738100 shares of CHTR exchange hands on a given day and today's volume is recorded at 1911733.

Pfizer Inc. (Pfizer) is a research-based, global biopharmaceutical company. Shares of PFE traded higher by 0.13% or $0.04/share to $30.75. In the past year, the shares have traded as low as $27.12 and as high as $32.96. On average, 28547900 shares of PFE exchange hands on a given day and today's volume is recorded at 18669530.



Source