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Market Roundup (PSYS, FIATY.PK, TEVA, RIG, BA, STST, RTN, BAESY.PK)

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According to unidentified sources, regulators and stock exchange officials are planning to create a circuit breaker system for all exchanges that would track the entire market and slow trading during a massive market move.
Psychiatric Solutions (NASDAQ: PSYS) has reported strong Q1 results, with EPS and revenues both exceeding analyst expectations.

During a conference call, CEO Sergio Marchionne said, “Chrysler (OTC: FIATY.PK) could be going public much sooner than you realize.” Although Marchionne retained his financial targets, he indicated that the company could "blow the lid off that number" if current growth remains unchanged.
According to Reuters, Boeing (NYSE: BA), BAE Systems (OTC: BAESY.PK) and Raytheon (NYSE: RTN) are some of the companies that are currently involved in takeover talks with Argon ST (NASDAQ: STST). Rumors indicate that STST is valuing the company at $660 million, or $30 a share.
Regulators have honored Transocean (NYSE: RIG) for its safety record. However, a deep study by the Wall Street Journal shows that RIG is involved with around 75% deepwater rig incidents. The company has been involved in federal investigations for such incidents since 2008.

 

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Posted-In: Intraday Update