Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) shares climbed $6.47 or 19.32% to $39.95 after the company’s management said that they have received buyout offer a buyer group led by its chairman and chief executive Tianqiao Chen for $41.35 per American Depositary Share or $20.675 per ordinary share in cash.
Anadarko Petroleum Corporation (NYSE:APC) continued to move higher and added $3.02 or 4.28% to $73.59 after the company said that it has reached an agreement to settle all of current and future claims against with BP plc (BP) by paying $4.0 billion.
Eastman Kodak Company (NYSE:EK) shares soared 8 cents or 6.45% to $1.32 after the company has given license to t IMAX Corp. (IMAX) for certain exclusive rights in the digital cinema field to a portfolio of more than 50 patent families covering fundamental laser projection technology.
Pizza Inn, Inc. (NASDAQ:PZZI) climbed 20 cents or 5.71% to $3.70, extending its previous week’s rally and made a new 52-week high of $3.81 earlier in the session. The stock has added about 15% in the past one week. So far this year, the stock has added about 93%.
The assembled information distributed by headlineotc.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Headlineotc.com does expect that investors will buy and sell securities based on information assembled and presented herein. Headlineotc.com will not be responsible in any way for or accept any liability for any losses arising from an investor’s reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.