Information provided by Theflyonthewall.com
Acquisitions in the financial and tech industries sent two stocks up over 30%. IntercontinentalExchange
) agreed to acquire (NYX
) in a stock-and-cash transaction currently valued at $33.12, sending shares of NYSE up 33% to $32.01 and IntercontinentalExchange
shares down fractionally.
) struck a deal to buy Eloqua
), a provider of cloud-based software, for $23.50 per share, sending Eloqua's stock up 31% to $23.51.
) agreed to sell its Motorola Home Business for $2.35 billion in cash and stock to ARRIS Group
). Google shares moved fractionally higher, while ARRIS' stock jumped nearly 5%.
Among the notable gainers were Rite Aid
), up over 15%, and CarMax
), up nearly 9%, following their quarterly reports. Among the noteworthy losers was Amicus Theraputics
), down about 45% after Leerink cut its price target on shares and Capstone downgraded the stock following the failure of its study of a therapy for Fabry disease.
Also lower were shares of Allscripts
), which fell almost 14% after its evaluation of strategic alternatives ended without a sale and its CEO stepped down.