In the corporate corner, Air Products & Chemicals (NYSE:APD) upped its offer for Airgas (NYSE:ARG) to $65.50 from $63.50 per share, equaling $5.5 billion.
Oracle’s (NASDAQ:ORCL) CEO Larry Ellison backed up his earlier comments on the wisdom of Hewlett-Packard’s (NYSE:HPQ) recent firing of CEO Mark Hurd, opening its co-President slot to Hurd. Goldman Sachs (NYSE:GS) upgraded Oracle shares to its Conviction Buy List, with a price target of $27.
Regards,
Don

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