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
    1.3277+0.0035+0.27%
    USDSGD=X
    1.5048+0.0023+0.15%
    EURSGD=X
    2.0226+0.004+0.20%
    GBPSGD=X
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    SGDJPY=X
    5.8386-0.0154-0.26%
    SGDHKD=X
    2.6865-0.0071-0.26%
    SGDMYR=X
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    SGDIDR=X
    4.6703-0.0139-0.30%
    SGDCNY=X
    1.0559+0.0003+0.03%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,186.50-3.80-0.32%
    GCM15.CMX
    16.56+0.01+0.09%
    SIU15.CMX
    71.54-1.39-1.90%
    ^XAU
    2.93-0.02-0.58%
    HGQ15.CMX
    60.46-0.47-0.77%
    CLM15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.58+0.03
    ^FVX
    2.24+0.06
    ^TNX
    2.99+0.08
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.85-0.01-1.16%
    N21.SI
    1.45+0.04+2.47%
    BS6.SI
    0.178-0.006-3.26%
    AFC.SI
    10.41-0.09-0.86%
    O39.SI
    1.22-0.02-1.61%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.375-0.015-3.85%
    588.SI
    0.515+0.040+8.42%
    C13.SI
    0.365+0.010+2.82%
    R14.SI
    0.21-0.01-2.33%
    5GB.SI
    1.38+0.02+1.85%
    AP4.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.26-0.02-5.45%
    TI6.SI
    0.220.000.00%
    L02.SI
    1.70-0.03-2.02%
    O23.SI
    0.166-0.008-4.60%
    MR7.SI
    3.55-0.45-11.25%
    P34.SI