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Pre-Open Movers 8/23: (PMC) (PANL) (FMCN) Higher; (TSL) (RP) (BAC) Lower

August 23, 2011 9:26 AM EDT
Below are stocks making meaningful moves in pre-open trading Tuesday:

HIGHER:
Kent Fianncial (NASDAQ: KENT) 50% HIGHER; Subsidiary Receives 'Going Private' Proposal
PharMerica Corporation (NYSE: PMC) 37% HIGHER; Omnicare offers to acquire the company for $15/share
Universal Display Corp. (NASDAQ: PANL) 30% HIGHER; Samsung deal
Perfect World Co. (NASDAQ: PWRD) 8.2% HIGHER; tops Q2 views
Melco Crown (NASDAQ: MPEL) 7% HIGHER; tops Q2 views
Focus Media Holding Limited (NASDAQ: FMCN) 6% HIGHER; tops Q2 views
ARM Holdings plc (NASDAQ: ARMH) 4% HIGHER; takeover chatter
Virtusa Corp. (NASDAQ: VRTU) 4% HIGHER; being added to S&P SmallCap 600
GT Advanced Technologies Inc. (NASDAQ: GTAT) 3% HIGHER; being added to S&P SmallCap 600
Saks Incorporated (NYSE: SKS) 2% HIGHER; Carlos Slim buying more stock
The McGraw-Hill Companies, Inc. (NYSE: MHP) 1% HIGHER; holders push for break-up

LOWER:
Trina Solar Ltd. (NYSE: TSL) 7% LOWER; misses Q2 views
RealPage (NYSE: RP) 4% LOWER; Acquires MyNewPlace
Bank of America (NYSE: BAC) 2% LOWER; continues capital worries
Corinthian Colleges, Inc. (NASDAQ: COCO) 2% LOWER; tops Q4 views, guides Q1 below the Street
HJ Heinz Co. (NYSE: HNZ) 1% LOWER; Q1 results


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