Volcom Inc VLCM shares moved up 23.72% to $24.41 at 10:45 am. The volume of VLCM shares traded was 7274% higher than normal. PPR agreed to purchase Volcom for $607.5 million.
Cephalon Inc CEPH shares rose 5.00% to $80.87. The volume of CEPH shares traded was 1099% higher than normal. Teva Pharmaceutical Industries TEVA agreed to purchase Cephalon for $6.8 billion.
Talecris Biotherapeutics Holdings Corp TLCR shares climbed 2.97% to $28.75. The volume of TLCR shares traded was 1014% higher than normal. Grifols agreed to sell some of its assets for Talecris merger.
Harbin Electric Inc HRBN shares gained 8.71% to $20.35. The volume of HRBN shares traded was 845% higher than normal. HRBN's PEG ratio is 0.30.
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