Benzinga's Volume Movers (RSCR, ORCL, KALU, CMED)

ResCare Inc RSCR shares jumped 6.10% to $13.21 at 11:42 am. The volume of RSCR shares traded was 3676% higher than normal. RECR has entered into a definitive agreement with Onex Corporation’s affiliate Onex Partners III LP. Onex will acquire all the outstanding shares of RSCR for $13.25 per share in cash, representing a 30.7% premium to RSCR’s closing price on August 13, 2010. Oracle Corp ORCL shares rose 4.76% to $24.01. The volume of ORCL shares traded was 406% higher than normal. ORCL has named former Hewlett-Packard Co HPQ as its co-president, replacing Chuck Phillips. Kaiser Aluminum Corporation KALU shares climbed 1.98% to $40.24. The volume of KALU shares traded was 359% higher than normal. KALU’s earnings are likely to increase by 201.73% this year. China Medical Technologies Inc CMED shares gained 7.75% to $12.51. The volume of CMED shares traded was 294% higher than normal. Analysts at Deutsche Bank initiated coverage of CMED with a “buy” rating. Read more from Benzinga's Company news.