Las Vegas, NV -- (SBWIRE) -- 10/01/2012 -- Beststocksdaily is one of leading U.S. stock update providers to valued investors. Following are the notable stock movers as reported by http://beststocksdaily.com/
Ceradyne, Inc. (NASDAQ:CRDN) is currently trading at $34.92, 42.94% higher on a traded volume of 11.72 million shares. 3M Co. said Monday it will pay $35 a share to buy Ceradyne, Inc., a buyout price well over the Costa Mesa, Calif., company’s Friday closing price of $24.43 a share.
The proposed transaction has an aggregate value of approximately $860 million, or approximately $670 million net of cash, cash equivalents, short-term investments and debt acquired.
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Sunshine Heart Inc (NASDAQ:SSH) jumped 6.50% to $8.88 on a traded volume of 586K shares. The company said it received conditional approval from the Food and Drug Administration for its heart-assist system.
Can SSH Continue to Rally? Find Out Here http://beststocksdaily.com/p2/index.php?company=SSH
JAKKS Pacific, Inc. (NASDAQ:JAKK) lost 6.18% to $13.67 on a traded volume of 972K shares. The company lowered its 2012 financial outlook, citing “disappointing” U.S. product sales as well as a slowdown in orders.
To Get complete technical analysis on JAKK go to http://beststocksdaily.com/p2/index.php?company=JAKK
Stryker Corporation (NYSE:SYK) among the losers and the stock declined 0.81% to $55.21 on a traded volume of 1.44 million shares after the company has named Kevin A. Lobo its president and chief executive, effective immediately.
He replaces interim CEO Curt R. Hartman--the company's former chief financial officer--who has decided to pursue opportunities outside of Stryker. Mr. Hartman will stay on as an adviser to the CEO to assure a smooth transition as the Stryker conducts a search for a permanent financial head.
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