- TeamHealth Holdings Inc TMH surged 16 percent to $42.67. The volume of TeamHealth shares traded was 5359 percent higher than normal. TeamHealth agreed be purchased by Blackstone Group LP BX at $43.50 per share in cash.
- Level 3 Communications, Inc. LVLT shares moved up 4.5 percent to $56.47. The volume of Level 3 Communications traded was 1944 percent higher than normal. Centurylink Inc CTL confirmed Monday it has reached an agreement in which it will acquire Level 3 Communications in a cash and stock transaction that values the company at $34 billion or $66.50 per share.
- Davita Inc DVA shares gained 5.9 percent to $58.42. The volume of Davita shares traded was 313 percent higher than normal. Davita shares have dropped 29.43 percent over the past 52 weeks, while the S&P 500 index has gained 1.06 percent in the same period.
- Cna Financial Corp CNA shares rose 6.2 percent to $36.98. The volume of Cna Financial shares traded was 240 percent higher than normal. Cna Financial posted better-than-expected quarterly earnings.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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