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Notable Movers: Green Dot Corporation, Allscripts Healthcare Solutions Inc., Life Technologies Corp., First Majestic Silver Corp

 
 
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Lakeway, TX -- (SBWIRE) -- 02/20/2013 -- vb-news.net, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Green Dot Corporation (NYSE:GDOT) rose 4.58% to $15.30 on a traded volume of 58k shares. The stock is up after the news of peer NetSpend agrees to be acquired. Green Dot Corporation is a Bank Holding Company with a mission to reinvent personal banking for the masses. Its market leading brand of prepaid debit cards and prepaid reload services are available to consumers at more than 60,000 retail locations nationwide and online at greendot.com.

How Should Investors Trade GDOT After The Solid Jump? Let’s Find Out Here

Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) soared 10.55% to $12.36. The Company reported fourth quarter loss of $24.3 million or 14 cents per share compared to profit of $26 million or 14 cents per share in the prior year period. Revenue decreased 9.6% to $350.9 million amid the deferred-revenue provision. Analysts recently projected earnings of 20 cents on revenue of $368 million. Gross margin fell to 38.8% from 45.1%.

Is MDRX Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

Life Technologies Corp. (NASDAQ:LIFE) declined 6.76% to $59.08 on a traded volume of 1.73 million shares. Thermo Fisher had held discussions with Life Technologies but is no longer actively pursuing a deal, as a big run-up in Life Tech's shares made the economics of a transaction less attractive. The talks with the interested parties are continuing and other potential buyers could still emerge. They asked not to be identified because the talks are private.

Is LIFE Buy After The Recent Price Movement? Find Out Here

First Majestic Silver Corp (NYSE:AG) stock increased 3.71% to $17.63. The company yesterday said it would not match a rival offer made by Coeur d'Alene Mines Corp for Orko Silver Corp. Coeur offered to buy Orko for C$2.70 per share in cash and stock last week, topping First Majestic's bid. First Majestic's all-stock offer was worth C$2.72 per share when it was made on Dec. 16. Orko's board said it backed Coeur's more cash-rich offer as superior to that from First Majestic.

Is AG a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here

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