News Headline Summary

RANsquawk - Today's trading edge

TIME: 1621GMT
NEWS: MBIA (MBI) recommends rejection of unsolicited note tender offer by BofA
REACTION: Co. shares pop 1.02% to the upside following this headline; trades USD 6.99 last.

TIME: 1538GMT
NEWS: Campbell Soup (CPB) says beverage business remains challenged
REACTION: Co.'s shares initially moved down around 1.8% from USD 36.55 to 35.85.

TIME: 1402GMT
NEWS: Xstrata's (XTA LN) shareholders do not approve Glencore (GLEN LN) takeover subject to retention package
REACTION: XTA shares dropped 1.86% in reaction to the news, last trade at GBP 9.63. GLEN shares dropped 0.69% in reaction, last trade at USD 3.26.

TIME: 1230GMT
NEWS: Hewlett-Packard (HPQ) Q4 Adj. EPS USD 1.16 vs. Exp USD 1.14; reaffirms forecast for FY 2013
REACTION: Co. shares down around 7% in pre-market.

21 Nov 2012 - 08:24 - Equities - Source: RANsquawk

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