Largest $ Movers of Note - StreetInsider.com - 04/30/2007

April 30, 2007 1:20 PM EDT

UPWARD MOVERS:
International Securities Exchange Holdings (NYSE: ISE) +$19.33; In response to a press statement issued today by Deutsche Boerse AG, ISE confirmed that it is in advanced discussions that could lead to a possible business combination with Eurex. The company said the transaction is still subject to the negotiation of final terms and documentation as well as approval by ISE's Board of Directors.

Tesoro Corp. (NYSE: TSO) $5.75; The company refines and markets petroleum products. No specific news today, however, the stock has moved up 40% since 27-Feb-07.

William Wrigley Jr. Co. (NYSE: WWY) +$3.95; Reports Q1 EPS of $0.50, ex-items, 3 cents better than estimates. Revenues came in at $1.26 billion versus the consensus of $1.18 billion.

Enpath Medical (Nasdaq: NPTH) +$3.03; Greatbatch, Inc. (NYSE: GB) and Enpath Medical entered into a definitive merger agreement under which Greatbatch will acquire Enpath for $14.38 per share in cash, or approximately $102 million, including assumption of debt. Under the terms of the agreement, Greatbatch will commence a tender offer for all of Enpath's outstanding shares no later than May 8, 2007.

Bankrate Inc. (Nasdaq: RATE) +$2.68; American Technology Research initiates coverage on Bankrate with a Buy rating and $48 price target.


DOWNWARD MOVERS:
American Real Estate Partners (NYSE: ACP) -$17.01; A weekend Barron's article said Carl Icahn holding company American Real Estate Partners LP (NYSE: ACP) is significantly overvalued. The article said the company is worth $65, versus its Friday close of $108.51.

Equinix Inc. (Nasdaq: EQIX) -$3.80; Stock falling with no specific news reports.

ICICI Bank Limited (NYSE: IBN) -$2.80; Company reported FY07 financials.

Sigma Designs (Nasdaq: SIGM) -$2.30; American Tech Research downgrades SIGM from Neutral to Sell.

Varian Semiconductor (Nasdaq: VSEA) -$2.28; Stock seeing slight sell-off after jumping 13 points Friday on a strong earnings report.


Related Categories

Special Reports

Stocks Mentioned

ACP 111.09

+0.00 +0.00%
Volume: 0
Track ACP

EQIX 96.66

+0.00 +0.00%
Volume: 484,352
Track EQIX

GB 18.65

+0.00 +0.00%
Volume: 139,245
Track GB

IBN 38.88

+0.00 +0.00%
Volume: 1,853,336
Track IBN

ISE 67.49

+0.00 +0.00%
Volume: 0
Track ISE

NPTH 0.00

+0.00 +100.00%
Volume: 2,000
Track NPTH

RATE 28.50

+0.00 +0.00%
Volume: 336,219
Track RATE

SIGM 11.77

+0.00 +0.00%
Volume: 664,248
Track SIGM

TSO 13.11

+0.00 +0.00%
Volume: 100
Track TSO

VSEA 30.39

+0.00 +0.00%
Volume: 785,594
Track VSEA

WWY 79.97

+0.00 +0.00%
Volume: 13,328,252
Track WWY


Add Your Comment