Morning Movers 3/18: Sun Micro (JAVA) Surges On Possible IBM Deal, Darden (DRI) Up On Solid Results and Gudiance - Street Insider

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Morning Movers 3/18: Sun Micro (JAVA) Surges On Possible IBM Deal, Darden (DRI) Up On Solid Results and Gudiance
Mar 18, 2009 02:25 PM UTC

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Via StreetInsider.com News Articles:

StreetInsider.com Morning Movers:

Sun Microsystems Inc. (Nasdaq: JAVA) 66% HIGHER; reports from the Wall Street Journal IBM (NYSE: IBM) in talks to buy the company for at least $6.5 billion in cash to acquire Sun, which is a 100% premium to yesterday's closing price.Â MORE

Lear Corp. (NYSE: LEA) 30% HIGHER;Reaches Agreement With Lenders to Amend its Primary Credit Facility. MORE

Medicis Pharmaceutical Corp. (NYSE: MRX) 18% LOWER; Teva (Nasdaq: TEVA) announced that the FDA has granted final approval for the Company's Abbreviated New Drug Application to market its generic version of Medicis Pharmaceutical Corporation's acne treatment Solodyn.

Darden Restaurants (NYSE:

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