bid

DIRECTV (NASDAQ:DTV) has a potential upside of 26.1% based on a current price of $44.32 and an average consensus analyst price target of $55.91.

DIRECTV is currently below its 50-day moving average (MA) of $48.86 and below its 200-day MA of $45.60.

The Hollywood Reporter announced that first bids for Hulu are due late this week, more than 10 companies have likely considered making offers, but DirecTV's (NASDAQ:DTV) interest may have waned and it not that expected to make a b

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.

Bill Ruprecht, President and Chief Executive Officer of Sotheby's said, "This is one of our best first quarters on record. It is all the more impressive given the outstanding first quarter of 2010, which included one work by Giaco

Sotheby's (NYSE:BID) reported Q1 EPS of $0.03, in line with consensus estimates. Revenues for the quarter rose 17.3% year-over-year to $119.5 million, in line with consensus estimates.

Cephalon (CEPH) announced its board formally rejected Valeant Pharmaceuticals International, Inc.'s March 29 unsolicited proposal to purchase the company for $73 per share. Shares of Cephalon are down over 1% to $76.50 in pre-mark

The proposal represents a 19% premium over the buyout offer from Deustsche Boerse, based on the German exchanges closing share price as of March 31, 2011, according to Nasdaq OMX and ICE.

Under the terms of the deal, NYSE Euronext stockholders would receive $14.24 per share in cash, plus 0.4069 sha

The Nasdaq OMX Group (NASDAQ:NDAQ) and the IntercontinentalExchange (NYSE:ICE) announced today a joint proposal to acquire NYSE Euronext (NYSE:NYX) for $42.50 per share in cash and stock, or approximately $11.3 billion, based on t

The company said it sold 10 prints by Paul Gauguin for almost $2.5 million, four times the estimated price.

Sotheby's spring auction starts Friday in Hong Kong. It features paintings, rare French wines, and ancient Chinese porcelain, and is expected to bring in over $300 million.

Shares of Sotheby's (NYSE:BID) jumped over 5% today, continuing a strong run fueled by record setting auction prices and the prospect of a big week ahead.

The bank sees some upside to the $73 offer, but not much. Valeant could increase its offer marginally, and there is a reasonable possibility of an additional suitor coming along with a higher bid.

Shares of Cephalon are trading down 0.19% at $75.30.

UBS downgraded Cephalon (NASDAQ:CEPH) to neutral from buy, while raising its target price to $78, after a $73 per share buyout offer from Valeant was made public.

Greenlee, a Textron company, has acquired 51% of Shanghai Endura Tools Company, Ltd., a provider of hand tools for the home center, construction, industrial manufacturing and automotive channels. Based in Shanghai, China, Endura e

The higher price is contingent on Rio gaining acceptances from holders of more than half of Riversdale shares by March 23.

RIO, which extended the offer period to April 1, said it would not raise its offer in the absence of a competing offer.

Rio Tinto plc (RIO) raised its cash offer for Riversdale Mining to $16.50 per share, up from the $16 offered in December.