11:40 AM New York – Citigroup agreed to pay $968 million to Fannie Mae. Intuit plans to sell its financial services unit to Thoma Bravo for $1.03 billion. Nokia agreed to acquire remaining 50% stake in Nokia Siemens Networks. Tribune Co agreed to buy 19 television stations valued $2.73 billion.
) gained 2.3% or $1.11 to $49.08 after the bank agreed to pay $968 million to Fannie Mae to resolve claims for breaches of 3.7 million residential first mortgage loans sold to Fannie Mae that originated between 2000 and 2012.
) jumped 4.9% or $1.13 to $24.30 after the property information provider purchase two units from Decision Insight Information Group for $661 million to expand its property and casualty insurance business.
) climbed 4% or $2.47 to $63.51 after the financial management services provider plan to sell its financial services unit to private equity firm Thoma Bravo for $1.03 billion.
) increased 3.3% or 12 cents to $3.87 after the mobile company agreed acquire remaining 50% stake in joint venture Nokia Siemens Networks from Siemens AG. The purchase price for Siemens'' stake is €1.7 billion of which €1.2 billion will be paid in cash at the closing of the transaction.
The transaction is expected to close during the third quarter of 2013.
Onyx Pharmaceuticals, Inc.
) surged 52% or $45.15 to $131.97 after the company rejected the proposal from Amgen Inc. to purchase all of Onyx Pharmaceuticals outstanding shares and share equipments for $120 per share in cash.
The Tribune Company
, television and broadcasting company agreed acquire all of 19 television stations for about $2.725 billion in cash. The transaction is expected to close by the end of this year.
TransDigm Group Inc
) slid 1 cent to $156.76 after the aircraft components supplier acquired the assets of GE Aviation''s Electromechanical Actuation Division for approx $150 million in cash on June 28.