Information provided by Theflyonthewall.com
Shares of Delta Air Lines
) rose 7% after the airline's stock was selected to replace BMC Software
) in the S&P 500 after the close Tuesday. BMC is being acquired by a private investor group led by Bain Capital and Golden Gate Capital.
Privately-held Koch Industries agreed to buy fiber-optics specialist Molex
) for $7.2B in cash. The deal, which involves several classes of the company's stock, sent its common shares up 31% to $38.56 near noon. Molex peers Amphenol
) and TE Connectivity
) also traded higher following the acquisition announcement.
Carl Icahn said that although he still opposes the deal to sell Dell
) to its founder Michael Dell and partner Silver Lake, he now views his fight to block the deal as "almost impossible to win" and will not make additional efforts to defeat it.
Among the notable gainers was Fusion-io
), which jumped 20% after Western Digital
) bought the company's biggest competitor, Virident, for $685M.
Also higher were shares of BlackBerry
), which rose 5% in New York trading after the U.K.'s Sunday Times said that the company's largest shareholder, Prem Watsa, has lined up "billions of dollars" in backing for a possible deal to buy out the smartphone maker.
Among the noteworthy losers was Biodel
), which fell 21% after reporting preliminary results from a study of its investigational mealtime insulin for patients with type 1 diabetes.
Also lower were shares of Express Scripts
), which was down 2.5% after the company announced the strategic acquisition of the SmartD Medicare Prescription Drug Plan, though the terms of the deal were not disclosed.