What's In The News: June 15, 2011

Financial News Network
June 15, 2011 AT 10:36 PM
This is what's in the news for Wednesday, June 15, 2011. The Wall Street Journal reports that DuPont (NYSE:DD) said it's indefinitely delaying the commercial launch of the genetically-modified soybean seed at the center of a court fight with Monsanto (NYSE:MON). Reuters reports that DST Systems (NYSE:DST) received several buyout overtures from private equity firms in recent months, including one led by activist investor Russell Glass. Finally, Chrysler CEO Sergio Marchionne said that a public share offering for Chrysler would be easier than having Fiat (PINK:FIATY) buy a bigger stake in the automaker. He added that Fiat hoped to talk to Tata Motors (NYSE:TTM) about its joint venture in India and said he had no interest in buying GM's (NYSE:GM) Opel unit.