
May 7 (Reuters) - Moody's says GeoEye and DigitalGlobe ratings unaffected following GeoEye's proposed acquisition announcement
(Reuters) - Satellite imagery company GeoEye Inc said on Monday it was disappointed that rival DigitalGlobe Inc has rejected its takeover offer and is considering its options.
* Fewer companies beating earnings views -- TR data * Cognizant Tech shares drop after cutting outlook * DigitalGlobe rejects takeover offer from GeoEye * Futures off: Dow 56 pts, S&P 6.7 pts, Nasdaq 10.5 pts By Ryan Vlastelica NEW YORK
WASHINGTON, May 6 (Reuters) - Satellite imagery company DigitalGlobe Inc o n S unday rejected a $792 million takeover offer from rival GeoEye Inc, saying the hostile bid substantially undervalued the company and its financial prospects.
WASHINGTON, May 6 (Reuters) - Satellite imagery company DigitalGlobe Inc on Sunday rejected a $17-a-share cash and stock takeover offer from rival GeoEye Inc, saying the hostile bid substantially...
Satellite imagery company DigitalGlobe DGI received an unsolicited cash ..... placing our fair value estimate for DigitalGlobe under review. We see a clear ..... a business combination between DigitalGlobe and GeoEye given that the two
Shares of the professional networking site rose on Friday, after the company smashed quarterly profit expectations and raised its outlook on strong demand for its services that help corporations find and hire employees.
May 4 (Reuters) - Satellite imagery company GeoEye Inc offered to buy rival DigitalGlobe Inc for $792 million in cash and stock to counter potential revenue losses from U.S. defense budget cuts.
Premarket gainers: DGI +26% . DLB +21% . LNKD +10% . HEK +8% . GEOY +4% . BBVA +4% . STD +3% . MU +3% . ARNA +3% . Losers: BODY -35% . SGYP -21% . EGT -6% . NRF -6% . ARCO -5% . TRIP -3% . KOG -3% . RIO -3% . Post your comment!
The Web company's board of directors will review a discrepancy in the educational record of Chief Executive Scott Thompson, a spokesman told Reuters, after activist hedge fund Third Point accused Thompson of padding his academic credentials.