Monday, July 16, 2007

Applebee's, Coach, Eaton, Motorola, Schwab, Verizon: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 9:45 a.m. New York time.

Applebee's International Inc. (APPB US) rose 41 cents, or
1.7 percent, to $24.79. Ihop Corp., the biggest U.S. pancake-
house chain, agreed to buy the restaurant chain for about $1.9
billion in cash. Ihop will pay $25.50 a share, 4.6 percent more
than Applebee's closing price on July 13, the companies said
today in a statement distributed by Business Wire. Ihop shares
jumped $5.54, or 9.9 percent, to $61.79.


Read more at Bloomberg Stocks News

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