Major Movers on July 12; SPRD, RSH, FIVE, WBMD, QSII, VLO

Shares of Spreadtrum Communications Inc. (ADR) (NASDAQ: SPRD) catapulted about 12.90% by afternoon trade on Friday after the smartphone chip maker announced that it has agreed to be acquired by China’s Tsinghua Holdings Co for $1.78 billion. The offer price of $31 per ADS implies a premium of 17% over SPRD closing stock price on Thursday, which was $26.45. This was a sweetened offer from Tsinghua. Earlier in June, Tsinghua offered $28.50 per ADS.

Continue reading Major Movers on July 12; SPRD, RSH, FIVE, WBMD, QSII, VLO

Major Movers on February 22; WBMD, VOLC, ARUN, MRC

Shares of WebMD Health Corp. (NASDAQ: WBMD), a provider of health information services to consumers, physicians and other healthcare professionals, employers, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.

Continue reading Major Movers on February 22; WBMD, VOLC, ARUN, MRC

Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN

Urban Outfitters Inc. (NASDAQ: URBN) shares rallied on Tuesday, gaining nearly 7 percent after specialty retailer in its regulatory filing said that its same-store-sales in the fourth quarter so far were up in the high-single-digit percentage—which was above analysts’ consensual estimate.

Continue reading Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN