DrStockPick.com Stock Report!
Monday September 14, 2009
Deutsche Telekom had hired Deutsche Bank (NYSE: DB) as an adviser for a possible bid for Sprint Nextel
ETRADE Financial Corporation (NasdaqGS: ETFC) is proceeding with a plan to sell up to $150 million worth of common stock. The company’s board authorized the beginning of a program to issue common stock through Sandler O’Neill & Partners. No timetable for the offering was disclosed, however.
Eli Lilly & Co. (NYSE: LLY) plans to cut 5,500 jobs, or 13.5 percent of its workforce before Zyprexa lapse.
The Bank of New York Mellon Corporation (NYSE: BK) today announced it has executed an agreement with Microsoft Corp. (NasdaqGS: MSFT) to bring to market a solution for project fund administration, tracking and reporting to aid state and local governments with their requirements related to the American Recovery & Reinvestment Act of 2009
GENova Biotherapeutics Inc. (OTC BB: GVBP.OB) today announced that it is preparing for patent application filings in both the US (at the FDA (U.S. Food and Drug Administration (www.fda.gov) for a 510 submission) and in Europe through EMEA (European Medicines Agency) subsequent to expected efficacious and non-toxic pre-clinical results for Prostaganin.
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