Shares of NYSE Euronext (NYSE: NYX), a global operator of financial markets and provider of trading solutions, are seeing a huge rally in trading today.
At last check, NYX shares were trading 33.64% higher at $32.14 on above average volume of 64.39 million. The stock hit a 52-week high of $33.38 in trading today.
NYX shares are soaring in trading today after the company agreed to be acquired by Intercontinental Exchange (NYSE: ICE), a leading operator of global markets and clearing houses. ICE agreed to acquire NYX for $33.12 per share in a stock and cash transaction.
ICE shares, meanwhile, are marginally higher in trading today. At last check, ICE shares were trading 0.26% higher at $128.65.
Shares of Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX), a provider of clinical, financial, connectivity and information solutions and related professional services to hospitals, physicians and post-acute organizations, are sinking in trading today.
At last check, MDRX shares were trading 14.51% lower at $9.15 on above average volume of 34.58 million. The stock fell to an intra-day low of $8.85 in trading today.
MDRX shares have tumbled in trading today after Glen Tullman stepped down as CEO and Board member. Tullman will be replaced by Paul M. Block.
Shares of CarMax Inc. (NYSE: KMX), a retailer of used cars, are soaring in trading today. At last check, KMX shares were trading 8.64% higher at $37.85 on above average volume of 4.98 million. The stock hit a 52-week high of $38.24 in trading today.
KMX shares are soaring after the company reported record third-quarter financial results. For the third quarter ended November 30, 2012, KMX reported net sales and operating revenues of $2.60 billion, up from $2.26 billion reported for the same period in the previous year. The company’s used unit sales in comparable stores rose 12% in the quarter, while total used unit sales rose 16% in the quarter. Net earnings for the quarter were $94.7 million, or $0.41 per diluted share, compared to $82.1 million, or $0.36 per share reported for the same period in the previous year.
Tom Folliard, President and CEO of CarMax, said that the company is pleased to report strong increases in used and wholesale vehicle unit sales and CarMax Auto Finance (CAF) income, which drove solid bottom-line earnings growth.
Shares of KB Home (NYSE: KBH), a homebuilding company, are sinking in trading today. At last check, KBH shares were trading 6.24% lower at $15.62 on above average volume of 7.33 million. The stock fell to an intra-day low of $15.44 in trading today.
KBH shares are sinking in trading today after the company reported its fourth-quarter financial results. For the fourth quarter ended November 30, 2012, KBH reported revenue of $578.2 million, up 20% over the same period in the previous year. During the quarter, the company delivered 2,122 homes, up 6% over the same period in the previous year. Overall average selling price rose 14% to $270,700. Net income for the quarter was $7.7 million, or $0.10 per share, compared to $13.9 million, or $0.18 per share reported for the same period in the previous year.
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