takeover bid

Roche Holding AG is offering $5.7 billion in cash to buy U.S. gene sequencing company Illumina Inc in an unfriendly takeover bid that marks a major play by the Swiss drugmaker into the gene technology field.

Telecommunications giant AT&T Inc. pulled the plug on its proposed $39 billion T-Mobile USA takeover bid Monday after failing to convince federal regulators of antitrust concerns.

Australian miner Macarthur Coal Ltd. on Monday rejected a $5.2 billion takeover bid by U.S energy giant Peabody Energy Corp. and steelmaker ArcelorMittal as "opportunistic."

The decision comes after antitrust regulators made it clear they would not approve the joint takeover bid for the operator of the Big Board.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• Alcatel-Lucent (NYSE: ALU) high of $5.44.
  
  Moving over 3.6% higher today as speculation surrounds a possible takeover bid from a Chinese company. Huawei Technologies, one of China's largest makers of telephone network equipment, has since denied the rumor, though there are several other large companies that may have the gumption to make a run at it.
• Hercules Offshore, Inc.

Hospital operator Tenet Healthcare Corp. says it is adopting a poison pill stock distribution measure as it tries to fight off a $3 billion takeover bid by rival Community Health Systems Inc.

Web.com (Nasdaq: WWWW) 19.4% HIGHER; reports Q3 EPS of $0.20, 7 cents better than the analyst estimate of $0.13.

Revenue for the quarter was $38.5 million, which compares to the estimate of $37.73 million. OpenTable (Nasdaq: OPEN) 13% HIGHER; reports Q3 EPS of $0.23, 8 cents better than the analyst estimate of $0.15.

Revenue for the quarter was $23.5 million, which compares to the estimate of $23.10 million. Pride International Inc.

More than a year ago, Volkswagen agreed to take over Porsche after the sports car manufacturer saw its debt triple amid a failed takeover bid.

Now, VW CEO Martin Winterkorn says that lawsuits in the United States and German tax issues have potentially prompted another delay.

Hewlett-Packard Co. and Dell Inc. are both trying to buy data-storage provider 3Par Inc. — whose board has determined that HP's $2 billion, $30-per-share takeover bid is superior to Dell's offer.

Cadbury made its final case for the defense against Kraft Foods' 10.5 billion-pound ($17 billion) takeover bid on Tuesday, but a raised offer was still expected to win over shareholders in the British.