• Dell (NASDAQ:DELL) said it will buy Fremont, California-based storage company 3Par (NYSE:PAR) in an all-cash deal valued at $18 per share, representing an 86% premium over its Friday close
• Lowe’s (NYSE:LOW) reported second-quarter earnings of $0.58 per share, on revenues of $14.4 billion, vs. consensus estimates of $0.59 and revenue of $14.52 billion. Same-store sales rose 1.6% during the quarter. For full fiscal-year 2010, the company sees earnings of $1.38 to $1.45 a share
• Mining group Vedanta Resources said it plans to buy as much as 60% of Cairn India in an all-cash deal worth as much as $9.6 billion
• The Wall Street Journal reported that Hewlett-Packard’s (NYSE:HPQ) board of directors ousted former CEO Mark Hurd on August 6th after he settled a sexual harassment claim without the board of director’s knowledge. However, the report also indicated that another source with knowledge of the situation said the board had been encouraging him to settle the claim before a mediation session
• Agrium (NYSE:AGU) made a surprise bid for Australia’s AWB of $1.1 billion, beating a rival offer from GrainCorp
• Reports said Bank of America (NYSE:BAC) could cut its 34% stake in BlackRock (NYSE:BLK) in an effort to shed its non-core assets
AGRIUM INC (AGU): Free Stock Analysis Report
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