Las Vegas, NV -- (SBWIRE) -- 10/08/2012 -- Beststocksdaily is one of leading U.S. stock update providers to valued investors. Following are the notable volume gainers as reported by http://beststocksdaily.com/
Marathon Petroleum Corp (NYSE:MPC) is currently trading at $57.78, 5.30% higher on a traded volume of 6.52 million shares after the company agreed to buy BP PLC's Texas City refinery, and infrastructure assets. The base purchase price is $598 million, plus about $1.2 billion in inventories. Marathon Petroleum could also pay an additional $700 million over six years subject to conditions.
The deal is expected to add to Marathon Petroleum's earnings in the first year of operations.
To Get complete technical analysis on MPC go to http://beststocksdaily.com/p2/index.php?company=MPC
Alliance Financial Corporation (NASDAQ:ALNC) jumped 16.29% to $45.83 on a traded volume of 91K shares. The company agreed to a takeover by NBT Bancorp Inc. in a deal valued at roughly $233 million that combines two upstate New York lenders.
Under the deal, Alliance holders will receive 2.1779 shares of NBT common stock, or roughly $48.24 a share based on Friday's close. The figure represents a 22% premium to Alliance's Friday close and is well above its all-time high of $41.85 in September.
Can ALNC Continue to Jump? Find Out Here http://beststocksdaily.com/p2/index.php?company=ALNC
American Express Company (NYSE:AXP) gained 0.19% to $58.67 on a traded volume of 1.44 million shares. American Express Co. and Wal-Mart Stores Inc. said Monday they are selling a new prepaid card in the retailer's stores and online they say is cheaper than traditional debit cards and checking accounts in a bid to capture new revenue.
To Get complete technical analysis on AXP go to http://beststocksdaily.com/p2/index.php?company=AXP
Celadon Group, Inc. (NYSE:CGI) among the gainers and the stock added 8.92% to $16.60 on a traded volume of 212K shares. The company said profit for first quarter ended Sept. 30 will come in higher than analysts’ consensus forecast of 32 cents a share. The company pegged earnings for the latest quarter in a range of 34 cents to 36 cents a share, implying profit growth of nearly 42% to 50% from the 24 cents earned in the first three months of fiscal 2012.
Get Free Trend Analysis on CGI Here http://beststocksdaily.com/p2/index.php?company=CGI
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