• A Barron’s article advised taking profits in Citigroup (NYSE:C) shares after the recent spike in the company’s shares, instead advising JP Morgan (NYSE:JPM) and Morgan Stanley (NYSE:MS) fundamentally stronger

• Baker Hughes (NYSE:BHI) announced plans to purchase rival BJ Services (NYSE:BJS) for $5.5 billion in a cash-and-stock deal to expand its international business

• Los Angeles-based Capital Group Companies has accumulated a 4.38% stake in UBS (NYSE:UBS) at an undisclosed price

• Huntsman Corp (NYSE:HUN) said it agreed to acquire certain assets of bankrupt Tronox (TRXAQ.PK) for $415 million

• Sun Microsystems (NASDAQ:JAVA) reported a fourth quarter loss of 20 cents a share, a 14 cent miss, on revenues of $2.6 billion versus $2.9 billion

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