We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.310-1.9%2:10 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richardred who wrote (2737)9/16/2011 1:38:40 PM
From: richardred  Read Replies (2) of 6147
Tyco, aerospace stocks jump on UTC takeover talk
By Shawn Langlois


SAN FRANCISCO (MarketWatch) -- Tyco International Ltd. /quotes/zigman/542280/quotes/nls/tyc TYC +3.14% shares jumped 6% to top all S&P 500 advancers on Friday, rallying along with Ingersoll-Rand Co. Ltd. /quotes/zigman/556949/quotes/nls/ir IR +2.06% on a report that United Technologies Corp. /quotes/zigman/244482/quotes/nls/utx UTX -0.47% is in the process of raising funds for a big acquisition. Market speculation triggered by the Reuters story put both Tyco and Ingersoll-Rand in the industrial conglomerate's crosshairs during early trading. The report also mentioned Rockwell Collins Inc. /quotes/zigman/285426/quotes/nls/col COL +9.57% , which helped push the stock up more than 4%. United Technologies shares slipped fractionally to $75.35.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext