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Corporate Summary

•    Empire Co. announced it was purchasing Safeway Inc.’s (NYSE:SWY) Canadian assets for $5.7 billion, following which shares of the company surged 7.4%

•    Gannett Co., Inc. (NYSE:GCI) revealed its intentions of buying Belo Corp (NYSE:BLC) for $1.5 billion. Following this announcement, shares of Gannet surged 34% while shares of Belo spiked 28.3%

•    Shares of Williams Companies, Inc. (NYSE:WMB) dropped 1% following an explosion and a fire at one of its chemical plants in Louisiana

•    Following the U.S. Supreme Court’s order that human genes cannot be patented, shares of Myriad Genetics, Inc. (NASDAQ:MYGN) dropped 5.6%
 

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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%
STRATTEC SE… STRT 80.24 +3.00%