Midday movers: Roper Industries, Shaw, Progenics

Stocks are lower as investors await news expected later in the week from central banks at home and abroad.

By MSN Money Partner Jul 30, 2012 1:01PM
Information provided by Theflyonthewall.com

Shares of Roper Industries (ROP) moved up 5% after the company raised its full year guidance and agreed to purchase Sunquest Information Systems, which provides diagnostic and laboratory software solutions.

Among the notable gainers Monday was Shaw (SHAW), up 54%, after agreeing to be acquired by Chicago Bridge & Iron (CBI) for $46 per share in cash and stock. 

Meanwhile, CB&I fell about 15% following the acquisition announcement. Among the other noteworthy losers were Progenics Pharmaceuticals (PGNX), down 49%, and Salix Pharmaceuticals (SLXP), down nearly 12%, after the FDA requested more information on the constipation drug the two are developing in partnership.
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