New York, NY (PRWEB) March 27, 2012
Wabash National Corp. said it will buy Walker Group Holdings LLC for $360 million in cash. Given the news, investors are pleased with the merger and have supported the stock. Currently the stock is up $1.40 (14.40%) bringing the intraday trade price up to $11.18 with about 2.6million shares exchanging hands.
North American Energy Partners maintain an uptrend support as investors continue to accumulate shares of the company. The stock has risen $.25 (5.24%) bringing the intraday trade price up to $5.02 with low volume of 170,000 shares exchanging hands.
Camelot Information Systems is showing a recovery trend as investors support the stock back up. The stock has gained $.22 (6.61%) bringing the intraday trade price up to $3.55 with about 250,000 shares that have exchanged hands.
Arena Pharmaceuticals maintains its uptrend as investors continue to accumulate shares confident about the company’s performance. The stock has risen another $.37 (12.29%) pushing the intraday trade price up to $3.38 with close to 31million shares that have exchanged hands.
Oclaro, Inc. and Opnext, Inc. announced that they have entered into a merger agreement in an all-stock transaction. The stock has gained $.53 (46.90%) pushing the share value up to $1.66 with about 7.3million shares that have exchanged hands.
Mr. Zhu chairman of ZHONGPIN Inc. has offered to pay $13.50 for all the shares that he currently doesn’t own, in a going private transaction. The stock has jumped $2.53 (27.47%) bringing the intraday trade price up to $11.74 with about 2.4million shares that have exchanged hands.
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