Last week, after Oracle announced it was buying a company called Responsys for $27.00 per share in cash, investors turned around and drove up the price of Responsys to $27.40. And the stock today is still trading today above $27 (at about $27.24).
MONTREAL — Following a year of unpleasant surprises for Valeant Pharmaceuticals International Inc., on Monday the company announced chief executive Michael Pearson would take a leave of absence following his hospitalization last week with severe pneumonia. During his absence, Pearson’s duties will be split between three company executive vice-presidents.
By Timothy Woods:What happens on the football pitch is the single most important factor to the success of Manchester United (MANU). The club's sizable commercial, broadcasting and match day revenues would not be possible if the club were not so successful on the field. The club must continue its incredible record if it is to retain its wealth and marketing power. All eyes will be on the incoming manager, David Moyes.