Entries tagged "Diebold"
Emerging from a four-day hibernation, the Bulls stampeded out of the gates to triple-digit gains on the DOW, only to slow down and catch its breath in midday Wednesday trading. The gains were buoyed by moderate support from Deal Stocks -- Packeteer Inc. [PKTR], Diebold Inc. [DBD], Yahoo! Corp. [YHOO] and Clear Channel Communications Inc. [CCU]. Overall, advancing stocks outpaced decliners 2-to-1 as the Dow traded up 59.43, .49% to 12,273.23 and the Nasdaq bounced up 16.72, .74% to 2277.0 on Wednesday midday trading. ...
All was quiet a day after United Technologies Corp. launched its $3 billion hostile bid for Diebold Inc., as investors braced for what could be a long, drawn-out battle for control of the troubled automated teller machine maker....