Information provided by Theflyonthewall.com
) shares rose 10% to $19.40 after founder Richard Schulze made an offer to take the company private for $24 to $26 per outstanding share.
The roller coaster ride for Knight Capital
) continued as the company received a $400 million investment via a convertible bond sale to investors, including Blackstone Group
), Stifel Nicolaus
) and TD Ameritrade
). The deal may save the company but will be highly dilutive to current shareholders, sending the stock down 22% to $3.16.
Standard Chartered Bank,
a wholly owned subsidiary of the United Kingdom's Standard Chartered
), was accused by the New York State Department of Financial Services of conspiring with Iran to hide 60,000 secret transactions involving at least $250 billion that violated New York securities laws.
Among the notable gainers Monday were Cognizant
), up 11%, after its Q2 results beat expectations, and Changyou.com
), up 16%, after the company's results also were better than expected and it declared a special one-time cash dividend.
Among the noteworthy losers were Interpublic Group
), down 9%, after Publicis Groupe
) refuted a Financial Times report that said the two were in merger talks, and Tyson Foods
), down nearly 5%, following its worse-than-expected quarterly results and lowered full-year guidance.