ShoreTel, Inc. (NASDAQ:SHOR) released that it has made a suggestion to purchase ShoreTel (SHOR) for $8.10 a share in cash, representing a total equity value of around $540M. This offer represents a 24 percent premium to ShoreTel's closing stock price on October 17. The business communications market is quickly consolidating and Mitel has obviously stated that they aims to be a consolidator in this market. ShoreTel, Inc. (NASDAQ:SHOR) begun last trade with a price of $7.65 and throughout the trading session climbed at a high of $7.95. The day-trade ended with 17.05% to $7.62.Hewlett-Packard Company (NYSE:HPQ) released on Monday that academic institutions including Loyola University Chicago, California's Irvine Unified School District as well as Illinois' Collinsville Community Unit School District 10 are leveraging HP TippingPoint network security solutions to assist prevent and immediately block certain cyber threats through security intelligence utilizing proactive intrusion prevention, broad-scoped threat protection and application awareness and control. Hewlett-Packard Company (NYSE:HPQ) has the market capitalization of 63.117 Billion. Shares of firm moved down -1.00% to close at $33.82 with the total traded volume of 14.21 Million. The firm has current ratio of 1.20 for the most recent quarter.Celgene Corporation (NASDAQ:CELG) released that results from a double-blind, placebo-controlled, multicenter phase II trial of GED-0301 in 166 patients by means of active Crohn's disease will be presented at the United European Gastroenterology Week in Vienna, Austria. Celgene Corporation (NASDAQ:CELG) stock price closed at $92.00 with the total traded volume of 7.95 Million shares. Its price to sales ratio ended at 10.46. Its market capitalization is 73.555 Billion. The stock owned by the Financial Institutions was 82.40% while by insiders was 0.20%.
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