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Major Movers on January 2; POL, ABT, ASNA, SGYP, FB, AAPL, BAC, MIDD, MCP, ZIP, CAR, EBS, AEO

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.


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Avis to Acquire Zipcar (CAR, ZIP)

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 [...]

All stories in are for informational purposes only. This is NOT a stock recommendation. This story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at . About is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.