What's In The News: September 13th, 2010

Description

This is what's in the news for Monday, September 13th. the Wall Street Journal reports that Hewlett-Packard (HPQ) said to be close to buying security-software maker ArcSight (ARST) for around $1.5B...Reuters reports that A group of Chinese investors are reportedly considering a bid to acquire the UK's Prudential (PUK), ...the Wall Street Journal reports that Paetec Holding (PAET) has agreed to acquire rival Cavalier Telephone for $460M in cash, as the company seeks to increase its fiber-optic-network business...Reuters reports that Exxon Mobil's (XOM) Sarpom refinery in Italy is operating at 30%-40% capacity after a bigger crude distillation unit was shut following a fire on Saturday, ...And finally, the Los Angeles Times reports that CB Richard Ellis (CBG) CEO sees rebound in commercial real estate. In an interview, CEO Brett White says he believes there will be an "incremental" recovery.

Keywords

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