Wednesday, July 24, 2013

High Volume High- 7/23 Trading Day Edition

Most of the names here resulted from investors and traders getting excited about reported earnings or positive management guidance at each respective firm. A couple of interesting moves to note- CSE and PACW. PACW is acquiring CSE for $2.3 billion in stock and cash. Strangely enough, the shares of the acquirer, PACW, also increased on the news. The market smells value.























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