Find your next home with Luxist's "Estate of the Day"

AOL Money & Finance

Before the bell: C, BX, RIO, MOGN

More

Main market news here: Before the bell: UBS announces $10 billion in write-downs

Citigroup (NYSE: C)'s board is meeting early this week and could name former Morgan Stanley (NYSE: MS) executive Vikram Pandit as its next CEO, following Chuck Prince's resignation last month.

Private equity firm Blackstone (NYSE: BX) is expected to join with China's sovereign wealth fund in a bid for mining firm Rio Tinto (NYSE: RIO). Blackstone's bid follows a $140 billion offer from BHP Billiton (NYSE: BHP), which Rio Tinto rejected. If Rio Tinto accepted any bid from Blackstone, the private equity house is expected to divide up Rio Tinto's assets.

In an unprecedentedly large overseas acquisition in Japanese pharma, Eisai Co. of Japan announced a $3.9 billion deal to buy Minnesota drug maker MGI Pharma (NASDAQ: MOGN) to bolster its cancer treatment efforts.
Symbol Lookup
IndexesChangePrice
DJIA-223.328,280.74
NASDAQ-49.201,796.52
S&P 500-26.91896.42

Last updated: July 06, 2009: 03:12 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

    BioHealth Investor Headlines

    WalletPop Headlines

    My Portfolios

    Track your stocks here!

    Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

    BloggingStocks Partners

    More from AOL Money & Finance

    WalletPop Headlines