Friday, December 25, 2009

Electronics for Imaging, Sunrise, Qualcomm: U.S. Equity Preview

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.

Electronics for Imaging Inc. (EFII US): The digital- printing company said its tender offer was oversubscribed and that it had accepted orders to buy about 5.5 million shares at $12.75 a share.

Qualcomm Inc. (QCOM US): The world’s biggest maker of chips for mobile phones said that Len Lauer, chief operating officer, has resigned and accepted a role as chief executive officer at another company.

Sunrise Senior Living Inc. (SRZ US): The manager of retirement communities said its Sunrise Connecticut Avenue Assisted Living unit amended its credit line, making a $5 million payment on the principal of $29.5 million of outstanding borrowings and suspending or amending some covenants.

No comments:

Post a Comment