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Major Movers on July 12; SPRD, RSH, FIVE, WBMD, QSII, VLO

Shares of Spreadtrum Communications Inc. (ADR) (NASDAQ: SPRD) catapulted about 12.90% by afternoon trade on Friday after the smartphone chip maker announced that it has agreed to be acquired by China’s Tsinghua Holdings Co for $1.78 billion. The offer price of $31 per ADS implies a premium of 17% over SPRD closing stock price on [...]

July 12th, 2013 | Tags: , , , , , | Category: Large Cap Growth Stocks | Leave a comment
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Valero Energy to Spin Off its CST Brands Business (VLO)

Valero Energy Corporation (NYSE: VLO) said on Friday that its board has approved the plan to spin off retail business, CST Brands, as the Company shifts its focus on key strategic areas.

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April 6th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Big Gainers on January 29; VLO, GNTX, PFE

Shares of Valero Energy Corporation (NYSE: VLO), an independent petroleum refining and marketing company, have surged in early trading today after the company reported its fourth-quarter financial results.

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January 29th, 2013 | Tags: , , | Category: Large Cap Growth Stocks | Leave a comment

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