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Novell Shares Gain After 1Q Results

Shares of Novell Inc. (Nasdaq: NOVL) rose Thursday, a day after the network software maker reported a loss for its second quarter, in line with Wall Street estimates.

CDW Shares Jump on $7.3B Takeover Deal

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Shares of online computer retailer CDW Corp. (NASDAQ: CDWC) rose on Wednesday, a day after it agreed to be acquired by private equity group Madison Dearborn Partners LLC for $7.3 billion in cash.

Cytyc Rallies on Hologic Buyout

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Shares of Cytyc Corp.(NASDAQ: CYTC) rose more than 20 percent on Monday, a day after an announcement that Hologic, Inc. (NASDAQ: HOLX) agreed to buy the company for $6.2 billion.
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Northern Trust Reports 15 Pct. Higher 1Q Profit

Financial services firm Northern Trust Corp. (NASDAQ: NTRS) posted a 15 percent gain in its first-quarter net income on record trust, investment and other servicing fees the firm said Tuesday.
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Allen Systems to Acquire Mobius

Shares of Mobius Management Systems Inc. (NASDAQ: MOBI) jumped on Thursday after it agreed to be acquired by Allen Systems Group, Inc. an enterprise software provider.
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Biolase Shares Plummet on Expected 1Q Loss

Shares of medical laser company Biolase Technology Inc. (NASDAQ: BLTI) tumbled on Wednesday after the company made a preliminary announcement of a first quarter loss.
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DivX Shares Rise on Higher 1Q Outlook

Shares of audio and video software firm DivX Inc. (Nasdaq: DIVX) rose on Tuesday after the company raised its revenue outlook for the first quarter of 2007.
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Conexant Tumbles on Weaker 2Q Revenue

Semiconductor company Conexant Systems Inc. (Nasdaq: CNXT) said on Monday that its second-quarter revenue fell 18.5 percent from the previous quarter, sending shares tumbling.
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Schnitzer Steel Reaches New High on Strong 2Q Profit

Shares of Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) rose to an all time high on Monday as higher volumes and margins in its metals recycling business, sent second-quarter profits up nearly 33 percent.
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NetLogic Raises Guidance, CFO Steps Down

Shares of NetLogic Microsystems (NASDAQ: NETL)rallied Monday as the semiconductor company raised its first quarter revenue outlook and said that its chief financial officer will be stepping down.
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Encorium Shares Rise on New Contracts

Pharmaceutical and biotechnology company Encorium Group, Inc. (Nasdaq: ENCO) said on Thursday that it received a number of new contracts, with an aggregate value of $4.7 billion.
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PMC Sierra to Cut Jobs, Close R&D Centers

PMC-Sierra (NASDAQ: PMCS), maker of storage and broadband semiconductors announced a cost reduction initiative late Thursday, with plans to cut jobs and close offices to reduce operating expenses by $20 million to $24 million a year.
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UTi Tumbles on Missed Expectations

Shares in logistics firm UTi Worldwide Inc. (Nasdaq: UTIW) tumbled Thursday after the logistics firm reported that it’s earnings four the fiscal fourth quarter were short of expectations.
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Paper: Microsoft May Buy DoubleClick

Software giant Microsoft Corp. (Nasdaq: MSFT) is reportedly in talks to buy online advertising firm, DoubleClick Inc., according to the Wall Street Journal.
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Biosite Shares Soar on Beckman Coulter Acquistion

Shares of heart Biosite Inc. (Nasdaq: BSTE) skyrocketed more than 50 percent on Monday after biomedical lab instrument maker Beckman Coulter Inc. (NYSE: BEC) said it would acquire the firm for $1.55 billion.
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Vonage Confident of Appeal, Shares Up Sharply

Internet telephony company Vonage Holdings Corp. (Nasdaq: VG) issued a statement on Monday declaring its confidence that it will prevail in its appeal against an injunction issued last week.
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Dell Rallies on Upgrade

Shares of computer maker Dell (Nasdaq: DELL) rallied today after investment bank Goldman Sachs upgraded the firm from to a buy rating from its previous neutral rating.
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Rambus Rallies on FTC Stay

Shares of memory technology maker Rambus (NASDAQ: RMBS) soared on Tuesday after anti-trust authorities delayed an order to that would have required the company cut royalty rates on its key patents.

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