Icahn Makes $1.91 Billion Bid for Mentor Graphics

Billionaire investor Carl Icahn offered to buy Mentor Graphics Corp. of the U.S. for $1.91 billion, less than two weeks after saying the chip-design software company should put itself up for sale.

Solar: Suntech, LDK Upgraded By Lazard Capital

Lazard Capital solar analyst Sanjay Shrestha today raised his ratings on both Suntech and LDK Solar. Shrestha writes today that ASPs in the solar sector “are beginning to stabilize.” He notes that limited access to capital throughout the solar value chain has caused widespread cancellations or decreases in capacity expansion plans.