Where we see the heat today:
Pfizer just left a tiny pharma partner to die, the latest oil spill fall-out, mysteriously plummeting/soaring stocks, and more…
M&A: Dell (DELL) is backing away from its battle with HP (HPQ) over 3PAR (PAR). 3PAR shares have eased.
PHARMA DEATH: Pfizer walks away from a partnership with Celldex (CLDX) over a brain cancer treatment, shares collapsing
M&A: Burger King (BKC) is easing after yesterday's run. It looks like speculation for anything further is gone.
VOLUME: Lot's of volume in NetApp (NTAP), this seems to be the fallout of Dell and HP's 3PAR battle. Now people are scouring other parts of the industry for potential deal potential.
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