Compuware shares up on offer

The software company's shares rose 12.9% to 10.76 after hedge fund Elliott Management Corp. offered to buy Compuware (CPWR) for $2.3 bil in cash or $11 a share. Elliott and its affiliates already own 8% of Compuware. The company and its sister fund, Elliott International, manage more than $20 bil of capital. In a letter earlier this month Elliott portfolio manager Jesse Cohn lauded the company overall but not its management.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3487+0.0072+0.54%
    USDSGD=X
    1.4725-0.0007-0.05%
    EURSGD=X
    2.0749-0.0004-0.02%
    GBPSGD=X
    91.2597+0.6559+0.72%
    SGDJPY=X
    5.7477-0.0311-0.54%
    SGDHKD=X
    2.6904-0.0036-0.14%
    SGDMYR=X
    9,801.1963-27.3633-0.28%
    SGDIDR=X
    4.5984-0.0252-0.54%
    SGDCNY=X
    1.0460-0.0037-0.35%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,188.80-15.20-1.26%
    GCM15.CMX
    16.86-0.19-1.09%
    SIN15.CMX
    69.25-2.00-2.81%
    ^XAU
    2.79-0.02-0.76%
    HGN15.CMX
    58.45-1.27-2.13%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.58+0.02
    ^FVX
    2.20-0.01
    ^TNX
    2.96-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.330.00-1.49%
    AFC.SI
    0.193+0.012+6.63%
    5OU.SI
    0.290.000.00%
    5WA.SI
    0.172+0.004+2.38%
    F13.SI
    0.27+0.01+3.85%
    B0Z.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.25+0.06+31.58%
    41H.SI
    0.26+0.06+30.00%
    AYP.SI
    0.138+0.019+15.97%
    5IF.SI
    0.15+0.02+14.50%
    5TJ.SI
    0.915+0.110+13.66%
    NC9.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.20-0.05-20.00%
    5PD.SI
    0.135-0.015-10.00%
    5OY.SI
    0.185-0.020-9.76%
    41O.SI
    0.56-0.06-9.68%
    AXK.SI
    0.25-0.03-9.09%
    L02.SI