Rumor Activity was active today.
* There were reports that IBM is close to deal with Globalfoundries for chip-manufacturing business sale. * Alder BioPharmaceuticals (ALDR) strength attributed to mention of an M&A target at Bernstein, * Elizabeth Arden (RDEN) strength attributed to story making the round that Korean LG Household and Healthcare prepared to make an offer. * Anadarko Petroleum (APC) strength attributed to Exxon Mobil (XOM) for APC M&A speculation. * Vringo (VRNG) strength attributed to positive blog mention. * GT Advanced Tech (GTAT) strength attributed to positive newsletter mention making the rounds.