LexisNexis parent buys ChoicePoint for $3.6B
ChoicePoint Inc., a 1997 spinoff of credit agency Equifax, is being acquired by the parent of LexisNexis in a $3.6 billion cash deal that offers a major premium for a company that weathered an embarrassing breach of its database, federal investigations and a stock-trading probe of its top two executives. The purchase price amounts to $50 a share, a 49 percent premium to Alpharetta, Ga.-based
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5 PowerRatings Stocks Under $15: ASYT, WTSLA, VLNC, PRKR, PCTI
As the markets continue their falling trend from Thursday,leading to a swell in the ranks of stocks with High Short Term PowerRatings, including Wet Seal Inc. which currently has a Long Term PowerRating of 8.
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Struggle at the open
Stocks traded mixed early Monday, as record crude oil prices unnerved investors, but sellers held back after last week's big decline.
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