Mid-Day Market Movers (CKXE, CNET, JTX, FCFL)

CKX Inc CKXE climbed 22.92% to $5.31 by 12:30 pm. Entertainment company CKXE is going to be acquired by ‘American Idol’ creator Simon Fuller and Barclays Capital banker Roger Jenkins in a $600 million deal. ChinaNet Online Holdings Inc CNET soared 20.40% to $4.25. CNET’s board of directors recently elected Mr Kai Chu as the company’s Chief Operating Officer and Secretary. Jackson Hewitt Tax Service Inc JTX shares advanced 19.88% to $1.93. JTX’s 2010 revenue forecast was better than the Street view. First Community Bank Corp FCFL jumped 17.92% to $2.50. Although FCFL lost 48.29% over the past 52 weeks, the S&P 500 gained 21.64%. Read more from Benzinga's Markets.
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Posted In: EarningsNewsM&AIntraday UpdateMarketsMoversBarclays CapitalConsumer DiscretionaryFinancialsMid-Day Market MoversMovies & EntertainmentRegional BanksRoger JenkinsSimon FullerSpecialized Consumer Services
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