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Corporate Summary

•    Shares of Applied Materials, Inc. (NASDAQ:AMT) gained 9.1% after agreeing to merge with Japanese company Tokyo Electron

•    Facebook Inc (NASDAQ:FB) added 2.7% following news that China may lift the ban on Internet access within the Shanghai free-trade zone, enabling citizens to access social media sites

•    Lennar Corporation (NYSE:LEN) shares added 4.3% after the company reported third quarter fiscal 2013 adjusted earnings of $0.54 per share, ahead of the Zacks Consensus Estimate of $0.46

•    KB Home (NYSE:KBH) reported third quarter adjusted earnings per share of $0.28, beating the Zacks Consensus Estimate of $0.20

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