Another week, another run through the rumor mill. And, as usual, it all surrounds possible takeovers/buyouts.

WENDY'S INTERNATIONAL INC (NYSE: WEN)

Up first is Wendy's, because since the company is exploring strategic alternatives, and shareholder Highfields Capital Management is pushing for a sale, the idea of a suitor isn't that farfetched. The rumor is that this mystery suitor has bid for the company. Will this Biggie-size Wendy's stock price? Only time will tell.

ARCHER DANIELS MIDLAND COMPANY (NYSE: ADM)

And in the earlier stages of the M&A cycle, the rumor with Archer Daniels Midland is that the company has hired a strategic adviser. This wouldn't be that mind-blowing, considering it follows an EPS miss when the company reported on May 1, and a downgrade by ThinkEquity on May 2 on margin weakness.

BEA SYSTEMS INC (NASDAQ: BEAS)

File this under "the boy that cried wolf." BEA Systems has long been the subject of takeover talk, and it has continued this week. This despite firms such as Bernstein saying a takeover is unlikely as the company's valuation is too high.

Hour by hour, day to day, week after week, there's usually a fairly significant list of potential takeover candidates, LBOs, or word of a cash infusion from private equity firms. You look them over, and usually out pop some interesting tidbits. So here, dear reader, we go:

CHAPARRAL STEEL COMPANY (NASDAQ: CHAP)

Down in Midlothian, Texas there's a big old "For Sale" sign posted right out there on Ward Rd. That's right. The folks at Chaparral Steel have put the word out: "Come on down." Don't know if that was Goldman Sachs' (GS) idea or not, but those Yankees are there in force looking over them "strategic alternatives." And they're good at it, too. It's probably going to be a sale, but nothing wrong with a partnership, merger recapitalization or taking over another fella's firm. You know? Or who knows, they could decide to sit pretty a while longer. Anyway, the second largest producer of structural steel beams in all North America sure likes to let its neighbors know what it's up to. Right friendly, don't you think? The stock price sure likes it, cause it's moving right up there with all that news.