Information provided by Theflyonthewall.com
Shares of smartphone maker BlackBerry
) rose 5% after the company announced that it would explore strategic options, including a potential sale of the company, joint ventures, and strategic partnerships or alliances.
) slid 1.5% after the company agreed to acquire Arinc, an aviation-information
management company, from Carlyle Group
) for $1.39B. Going the other way after a purchase, Pinnacle Foods
) advanced 4% after it agreed to buy the Wish-Bone and Western dressings brands from Unilever
) for $580 million.
Among the notable gainers Galectin Therapeutics
), which gained 24% after receiving FDA fast track designation for a drug it is developing. Also higher were shares of Krispy Kreme Doughnuts
), which rose more than 7% after being upgraded at Janney Capital ahead of the company's next quarterly report, due later this month. Among the noteworthy losers was Sysco
), which fell 4% after reporting quarterly earnings and saying the ongoing environment has been more challenging than expected, making the company no longer believe it can grow its earnings per share to $2.50-$2.75 by fiscal year 2015. Also lower were shares of Vical
), which dropped 57% after a Phase 3 trial of its melanoma drug missed its endpoints, and ECOtality
), which plunged 78% after warning it may need to consider bankruptcy.