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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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