New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 8, 2012
12:19 EDTMODL, NUANNuance rises after refuting takeover interest in M*Modal
Nuance (NUAN), which makes voice and language solutions, is climbing after the company said in an regulatory filing that it had no plans to attempt to buy M*Modal (MODL), which provides speech and language understanding technology to the healthcare industry. In a note to investors earlier today, Wells Fargo wrote that Nuance shares had declined yesterday due to concerns that the company would make a hostile bid for M*Modal. Nuance's stock is recovering after the company said it wasn't interested in buying M*Modal, said Wells. The firm thinks that Nuance's decision is positive, as it believes that the company may have been subjected to a long antitrust probe if it decided to bid for M*Modal. Wells, which continues to believe Nuance will expand into the healthcare market organically and by acquiring companies other than M*Modal, maintained a Market Perform rating on Nuance. In early afternoon trading, Nuance rose $1.50, or 6.93%, to $23.16, while M*Modal dropped 22c, or 1.55%, to $13.97.
News For NUAN;MODL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 24, 2015
18:55 EDTNUANOn The Fly: After Hours Movers
Subscribe for More Information
August 17, 2015
07:34 EDTNUANLeerink to hold a bus tour
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use