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Zacks #1 Stocks on the Move 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
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• Raymond James Financial Inc. (NYSE:RJF) announced that it will acquire Morgan Keegan & Co. Inc., the brokerage subsidiary of Regions Financial Corp. (NYSE:RF) for $930 million. Following this development, shares of Regions Financial advanced 2.13%
• Grocery store operator Supervalu Inc. (NYSE:SVU) reported a higher third quarter net loss due to continued high food prices and a turnaround plan costs. Share of the company fell 12.51% to finally settle at $7.34 a share
• Share prices of photography icon Eastman Kodak Co (NYSE:EK) surged 35.83% to close at $0.815 after the company filed a patent infringement suit against tech giant Apple (NASDAQ:AAPL) and HTC of Taiwan
• Israeli company Elbit Imaging Ltd.’s (NASDAQ:EMITF) U.S. listed share prices rocketed up more than 27% after the company announced it was selling 47 shopping centre in the US for $1.43 billion
• U.S. listed shares of Chinese internet-tv company Youku Inc. (NYSE:YOKU) advanced 11.36% a day after the company signed an agreement with Twentieth Century Fox Home Entertainment (NASDAQ:NWSA) to license 250 films
• Shares of Franklin Resources Inc. (NYSE:BEN) fell 5.04% to close at $96.67 after the mutual-fund manager's assets under management dropped last month
Read the full reports :
Analyst Report on RJF
Analyst Report on RF
Analyst Report on SVU
Analyst Report on AAPL
on EMITF
Snapshot Report on YOKU
Analyst Report on NWSA
Analyst Report on BEN