Thursday, May 17, 2007

Jobless Claims and Other Matters

First, US jobless claims fall to lowest level since early Jan.

There's a big breaking deal with a 30% premium: ALLIANCE DATA TO BE ACQUIRED BY BLACKSTONE GROUP FOR $7.8 BLN. ADS is the ticker for Alliance, another one that has popped up recently on the Option Screener.

With respect to the offer for 24/7 (TFSM), an analyst at Wedbush says there could be a higher offer. $11.75, says the firm, is too low. Indeed, shares are trading near the $11.90 mark.

No comments: