Benzinga’s Top Gainers (RWC, TLB, MNI, GLG, QDHC)
RELM Wireless Corporation (AMEX: RWC)has soared 86.50% to $4.50 on 2.65 million shares after RELM announced that it has been named as a contractor under a contract issued by the U.S. Internal Revenue Service (IRS). Today, RWC made a new 52-week high of $5.75.
The Talbots, Inc. (NYSE: TLB) has jumped 18.59% to $8.55 after BPW Acquisition Corp. announced that it has entered into a definitive merger agreement pursuant to which it will be acquired by The Talbots, Inc, a specialty retailer of women's apparel.. So far this year, TLB is up over 255%.
The McClatchy Company (NYSE: MNI) shares climbed 7.47% to $2.81 on 464K shares after McClatchy said fourth-quarter advertising revenue is expected to drop in the low- to mid-20s percent range, compared to a 28.1% drop in the third quarter and a 30.2% drop in the second quarter
GLG Partners, Inc. (NYSE: GLG) shares climbed 4% to $3.14. So far this year, Shares of GLG Partners have gained over 37%.
QuadraMed Corporation (NASDAQ: QDHC) shares climbed 30% to $8.34 on 1.42 million shares after QuadraMed announced that it has entered into a definitive merger agreement to be acquired by Francisco Partners.. So far this year, QDHC is up over 70%.
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