Thousands more Madoff victims may get payouts NEW YORK, May 29- Roughly 11,000 additional victims of Bernard Madoff's Ponzi scheme may recover some of their losses, and the number could double as an official overseeing a $4.05 billion compensation fund set up by the U.S. government reviews more claims. In an update this week, the Madoff Victim Fund's special master, Richard Breeden, said he would recommend...
| By: Jonathan Stempel
Main Street strategies Discussing their top investments right now, with Julie Werner, BetterInvesting; Thomas Vitkowski, Cambridge Unversity Press; and Justin Esgar, app developer.
Here's why Puma, Clovis shares are poised to move It's that time again. With researchers set to convene at the American Society of Clinical Oncology meeting, there are a few stocks to watch, including Puma Biotechnology and Clovis Oncology.
| By: Meg Tirrell
CORRECTED-UPDATE 5-Avago to buy Broadcom for $37 bln in biggest-ever chip deal *Broadcom, Avago shares slip after big rise on Wednesday. May 28- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. Avago, which serves the wireless and industrial markets, is offering Broadcom...
| By: Liana B. Baker and Supantha Mukherjee
UPDATE 2-Equinix to buy TelecityGroup for $3.6 bln, Interxion deal ended Telecity, which runs computer centers that process traffic on the Internet, said in a statement its board had recommended Equinix's offer, and as such was terminating an all-stock deal to buy Netherlands- based Interxion Holding NV for $2.2 billion. Equinix Chief Executive Steve Smith said he had looked closely at Interxion and Telecity as targets but...
| By: Sarah Young and Liana B. Baker