MBIA Inc. (MBI) shares rallied as much as 13% yesterday following news that Bank of America had made a preliminary offer to settle a dispute over bad mortgages.

Bullish Option Activity Alert: CLX

by Patrick (Rick) Mortimer | Jul 15, 2011 | Unusual Activity

Clorox Co. (CLX) shares are trading at a 4.4% discount to Carl Icahn's $76.50 bid for the company this morning as investors try to digest whether he can get the deal done or is just trying to boost the share price, of which he owns 9.4%, in hopes of enticing another suitor.

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