PolyOne Corporation (NYSE: POL) climbed 8 percent on Wednesday after Jefferies Group initiated coverage on the stock with a “buy” rating. On December 20, the company announced the acquisition of Glasforms Inc., which specializes in glass and carbon fiber reinforced polymers and advanced products. [...]
Shares of Chancery Resources Inc. (PINK: CCRY), a company engaged in extraction and sale of precious and base metals, are seeing a huge rally in trading today. [...]
Shares of Tiffany & Co. (NYSE: TIF), a specialty retailer, have opened higher in trading today after the company signed a new 20-year licensing deal with designer Elsa Peretti. The deal ends uncertainty over a collection that accounts for 10% of TIF’s worldwide sales. [...]
Shares of car-sharing service provider Zipcar Inc. (NASDAQ: ZIP) skyrocketed nearly 48 percent in pre-market trading on Wednesday after Avis Budget Group Inc. (NASDAQ: CAR) announced that it has agreed to acquire Zipcar in an all cash deal, estimated at $500 million or $12.25 a share, which represents a premium of 49 percent over ZIP’s [...] |
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