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Shares of office supplies companies Office Depot Inc. (NYSE: ODP), OfficeMax Incorporated (NYSE: OMX) and Staples Inc. (NASDAQ: SPLS) are seeing a huge rally in trading today after the Wall Street Journal reported that OMX and ODP are close to merging.
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Shares of Swingplane Ventures Inc. (OTC: SWVI), a mining company, surged in trading on Friday. SWVI shares ended the day 12.28% higher at $0.685 on volume of 8.41 million. The stock rose to an intra-day high of $0.69 earlier in the day. SWVI shares have gained 14.41% in the last three trading sessions.
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Shares of Qlik Technologies Inc. (NASDAQ: QLIK), a Radnor, Pennsylvania-based company providing business intelligence solution, saw a huge rally in trading on Friday after the company posted better-than-expected financial results for the fourth quarter of 2012.
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Shares of New York City-based mass media company, CBS Corp. (NYSE: CBS), have edged higher in early trading today after it reported record fourth-quarter financial results.
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A recent Securities and Exchange Commission filing (SEC) showed that Leon Cooperman’s Omega Advisors bought shares of Facebook Inc. (NASDAQ: FB) in the fourth quarter of 2012.
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Shares of AMR Corp. (PINK: AAMRQ), the parent company of American Airlines, are seeing a huge rally in trading today. At last check, AAMRQ shares were trading 46.15% higher at $1.90 on above average volume of 89.28 million. The stock hit a 52-week high of $2.50 earlier today.
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Shares of Whole Foods Market Inc. (NASDAQ: WFM), a natural and organic foods supermarkets, are down sharply in trading today after the company narrowed its same-store sales forecast for fiscal 2013. The company also reported its financial results for the first quarter of fiscal 2013.
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Shares of Angie’s List Inc. (NASDAQ: ANGI), providing consumer-driven solution to its members to research, hire, rate and review local professionals for critical needs, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.
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H.J. Heinz (NYSE: HNZ) announced on Thursday that it has agreed to be acquired by Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) and private equity firm 3G Capital in deal estimated at more than $28 billion, which will also include debt, sending shares of ketchup making giant up by nearly 20% in premarket trading.
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Shares of H.J. Heinz Company (NYSE: HNZ), a manufacturer and marketer of a range of food products throughout the world, are seeing a huge rally in trading today after the company agreed to be acquired by Warren Buffett’s Berkshire Hathaway and 3G Capital.
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