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S&P Picks and Pans: Microsoft, Yahoo, Amgen, Wendy's, CBS

Analyst opinions on stocks making headlines in Monday's market

MSFT; $30.52

In an analyst meeting, CEO Ballmer describes the Microsoft offer to acquire Yahoo at $31 as attractive to shareholders of both companies and competitive to any potential competing offers. He says Yahoo will help Microsoft expand R&D, improve user experience, increase operational efficiencies, and achieve economies of scale. He does not expect regulators to block the deal and says Microsoft may take on some debt to finance the transaction. We see the proposed deal as positive, since it would strengthen Microsoft's position in online advertising, though it would hurt near-term profitability. /J. Yin