cash

According to the report, DISH will allow TerreStar to extend a deadline to obtain bids for its assets to June 27 from June 15, with a court-supervised auction taking place on June 30.

TerreStar has been operating under Chapter 11 bankruptcy protection since October 19.

DISH Networks' (NASDAQ:DISH) Charlie Ergen has made a cash bid of $1.38 billion to buy the assets of TerreStar Networks through a bankruptcy auction, a report on Reuters disclosed today.

Each of the company's American depositary shares represents one ordinary share in the company.

Shareholders of record as of the close of business on June 20, 2011, U.S. Eastern Daylight Time, will receive the dividend. The total payout is $33.421 million. The dividend will be paid on or around December 30, 2011.

Mr.

China Digital TV Holding Co (NYSE:STV) declared a special cash dividend of $0.56 per share for the company's ordinary shares

American Apparel (APP) CEO Dov Charney is said to be "scrambling" to secure a cash infusion of as little as $5M this week. According to several sources, key lenders Lion Capital and Bank of America (BAC) are "fed up" with Charney'

Payday lenders like Cash America International (CSH), Ezcorp (EZPW) and First Cash Financial Services (FCFS) are down after a Texas state bill that would limit the companies' short-term lending ability passed through committee, th

Rumors are swirling today that French media giant Vivendi may purchase a 39% stake in Activision-Blizzard. Bernstein analysts said repeated stock buy-backs should lift Vivendi’s stake to 72% by early 2012, cash flow would allow

Separately, the company received upgrades this morning from Susquehanna, RBC Capital and Citigroup.

National Semiconductor hit a 52-week high of $24.11 and was last at $24.10.

National Semiconductor (NSM) soars to a 52-week high at the open after it said late Monday Texas Instruments (TXN) will buy the company for $25 per share
in an all-cash transaction of about $6.5 billion.

The bank sees 2011 EPS of $1.75 down from $2.40, vs. the consensus for $1.84 per share, and 2012 EPS of $1.95 down from $2.45, vs. the consensus estimate of $1.96 per share.

The revisions are based on the continued improvement in Ford's operating results which should lead to a reversal of almost all of Ford's valuation allowance against deferred tax assets as soon as the second half of this year.

Morgan Stanley lowered its EPS estimates for Ford Motor Company (NYSE:F), while maintaining its overweight rating and $21 target price for the company.