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VIDEOWinners & Sinners: JP Morgan, Bear Stearns, Lehman Brothers, Bladelogic
A quick look at today's biggest up and down movers.
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JP Morgan (JPM) shares are trading higher after agreeing to purchase embattled investment bank Bear Stearns (BSC) for $2 per share. The Bear Stearns news has created a ripple effect as Lehman Brothers (LEH) and Morgan Stanley (MS) are also trading in the red.
Also moving higher today is Bladelogic (BLOG) as the company agreed to be purchased for $28 per share by BMC Software (BMC).
Reports of order delays and structural issues are sending Siemens AG (SI) shares lower.
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