News Headline Summary

RANsquawk - Today's Trading Edge

TIME: 2037GMT
NEWS: Riverbed (RVBD) said to receive buyout interest above Elliott's offer; said to get informal proposal from Silver Lake and KKR
REACTION: In an immediate reaction RVBD shares rose 10.9% from USD 20.51 to USD 22.76

TIME: 1951GMT
NEWS: Allegiant Travel (ALGT) reports new USD 100mln share repurchase programme
REACTION: In an immediate reaction, ALGT shares rose 1.4% from USD 99.37 to USD 100.76

TIME: 1923GMT
NEWS: Cytori Therapeutics (CYTX) holder Kian Thiam Lim reports a 10.6% stake
REACTION: In an immediate reaction CYTX shares rose 5.1% from USD 3.13 to USD 3.29

TIME: 1850GMT
NEWS: Aetna (AET) authorizes additional USD 1bln share buyback
REACTION: In an immediate reaction, AET shares rose 1.1% from USD 73.08 to USD 73.88

TIME: 1846GMT
NEWS: Secret Service investigates possible Sears (SHLD) data breach, according to sources
REACTION: In an immediate reaction, SHLD shares fell 2.1% from USD 44.81 to USD 43.89

TIME: 1821GMT
NEWS: Cogent Communications (CCOI) raised to buy at D.A Davidson
REACTION: In an immediate reaction, CCOI rose 1.8% from USD 38.46 to USD 39.14

TIME: 1730GMT
NEWS: CNBC's Pete Najarian says he likes Nokia (NOK)
REACTION: In an immediate reaction, Nokia's ADR (NOK) increased 1.0% from USD 7.73 to USD 7.81

TIME: 1717GMT
NEWS: St. Joe (JOE) communicated with SEC on formal enquiry in February, according to filing
REACTION: In an immediate reaction, JOE shares fell 2.0% from USD 19.49 to USD 19.10

TIME: 1541GMT
NEWS: Orbitz Worldwide (OWW) acquires Travelocity Partner Network assets
REACTION: In the immediate reaction, OWW shares rose 2.3% from USD 9.63 to USD 9.85

TIME: 1529GMT
NEWS: Market talk that an historical case for Shire (SHP LN) could be reopened - Unconfirmed
REACTION: SHP LN shares fell 1.2% from GBP 33.37 to GBP 32.97 over the following 25 minutes, with newswires confirming the market chatter a full 25 minutes later at 1554GMT

TIME: 1506GMT
NEWS: Positive article in Shanghai Daily for The9 (NCTY)
REACTION: In the immediate reaction, the NCTY ADR moved higher by 6.8% from USD 2.52 to USD 2.69

28 Feb 2014 - 21:56 - - Source: RANsquawk

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