TXN) agreed to buy National Semiconductor (NSM) for $25 per share. Texas Instruments overall implied volatility of 26 is near its 26-week average, according to Track Data, suggesting non-directional price movement.
Diamond Foods (DMND) and Procter & Gamble (PG) announced a definitive agreement to merge the Pringles business into Diamond Foods -- in a transaction valued at $2.35 billion. Overall option implied volatility of 32 is below its 26-week average of 36, according to Track Data, suggesting decreasing price movement.
Update is by Stock Specialist Paul Foster of theflyonthewall.comPermalink | Email this | Comments