Information provided by Theflyonthewall.com
Shares of BGC Partners
) surged over 41% after the company agreed to sell its eSpeed treasury trading platform to Nasdaq OMX Group
) in a cash-and-stock deal valued at as much as $1.23B. Nasdaq shares fell more than 10% after the deal was announced after the market closed last night.
) and Ford
) both posted U.S. sales gains of nearly 6% for March, though those gains were better than expected for Ford and worse than expected for GM. Ford shares rose a bit over 1% after the report, while GM shares gained 0.5%.
Among the notable gainers was Optimer Pharmaceuticals
), which rose 19% after Bloomberg said the company's previously announced exploration of alternatives has generated interest from bigger pharma companies including GlaxoSmithKline
) and AstraZeneca
Also higher were shares of Hertz Global
), which advanced more than 7% after affirming its fiscal year 2013 earnings and revenue view and providing guidance for fiscal year 2015.
Among the noteworthy losers was Delta
), which fell 7% after the company forecast its revenue for the March quarter will be up 4% to 4.5% from the prior year. Also lower were shares of Groupon
), which slid nearly 6% after UBS initiated coverage of the stock with a "sell" rating and $4.40 price target.