Hints and tips:
...Elliott’s campaign is being run out of its European division called Elliott Advisors, which is based in London and led by Mr Singer’s son Gordon....
...Elliott’s campaign is being run out its European division called Elliott Advisors, which is based in London and led by Paul Singer’s son Gordon....
...Stryker, which in 2014 disclosed that it had been working on a bid, was once again being mooted by day traders as a potential buyer....
...The stake building comes after weeks of rumoured takeover interest in the UK medical device maker, which is often cited as a takeover target for US rivals Johnson & Johnson or Stryker, pushing the stock...
...Stryker’s acquisition spree has made Johnson & Johnson the more likely predator for S&N, said dealers....
...“Acquiring its way out of a tight corner is the right thing to do,” said Panmure Gordon. “This could mark the turning point.”...
...“The threat of disintermediation to Icap is becoming more apparent,” said Vivek Raja, analyst at Panmure Gordon....
...Having surveyed the results from all of S&N's major competitors, the broker felt the company, like US rivals Stryker and Johnson & Johnson, would report lower third quarter underlying sales growth at its...
...Smith & Nephew, the medical devices maker added 2.3 per cent to 531p as investors read across upbeat results from its rivals in the orthopaedics market, Biomet, Stryker and Zimmer....
...Panmure Gordon, however, advised investors to switch into rivals Reuters, steady at 315½p, and United Business Media, 1.7 per cent ahead at 495½p....
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