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Corporate Summary

•    Shares of Central Garden & Pet Co (NASDAQ:CENT) climbed 6.4% after it received an offer from Harbinger Group Inc (NYSE:HRG) to acquire it for $10 per share

•    FMC Corp’s (NYSE:FMC) shares fell 4.9% after forecasting second quarter adjusted earnings per share to be in range of $0.95 to $1.05, lower than the current Zacks Consensus Estimate of $1.06

•    Shares of PLX Technology, Inc. (NASDAQ:PLXT) gained 9.1% following news that Avago Technologies Ltd (NASDAQ:AVGO) will buy PLX for around $298.3 million in cash

•    Citigroup Inc’s (NYSE:C) shares rose 1.5% following news that Banco Popular will acquire its Spanish retail banking and credit card business


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

Company Symbol Price %Chg
PLANAR SYST… PLNR 4.44 +5.21%
BITAUTO HOL… BITA 81.71 +5.12%
CTPARTNERS… CTP 16.66 +4.26%
CHINA BIOLO… CBPO 47.91 +3.30%
MALLINCKROD… MNK 72.94 +2.85%