Starent Networks Corp. (NASDAQ:STAR) was The Biggest Gainer
Starent Networks Corp. (NASDAQ:STAR) was The Biggest Gainer
(EMAILWIRE.COM, October 14, 2009 ) Dallas, TX - Starent Networks Corp. (NASDAQ:STAR) was one of the most active gainers in today`s trade as it rallied over 16.81% to $33.91 on huge volume of 32.92 million shares after Starent Networks Corp. announced today that Levi & Korsinsky is investigating the Board of Directors of Starent Networks Corp. for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Cisco Systems Inc. Under the terms of the agreement, Starent Networks Corp. shareholders will receive $35.00 in cash for each share of Starent common stock they own.
UCBH Holdings, Inc. (NASDAQ:UCBH) was among the top movers and surged 10.58% at $1.15 on huge volume of 12.06 million shares. The stock made an intraday high and low of $1.17 and $0.95 respectively. So far the stock declined over 47% in last six months of trade. UCBH Holdings, Inc. is a bank holding company. UCBH conducts its principal business through its wholly owned banking subsidiary, United Commercial Bank, which makes up substantially all of its consolidated assets and revenues.
DryShips Inc. (NASDAQ:DRYS) jumped 6.65% or $0.45 to $7.22 on over 57.08 million shares after the company announced today that it has signed agreements with Nord LB and West LB on waiver terms for $116 million and $67 million respectively of our outstanding debt. DryShips Inc. owns, through its subsidiaries, a fleet of 40 drybulk carriers comprised of seven Capesize, 29 Panamax, two Supramax, and two newbuilding drybulk vessels, as well as two ultra-deep-water semi-submersible drilling rigs and two ultra-deep-water newbuilding drillships.
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UCBH Holdings, Inc. (NASDAQ:UCBH) was among the top movers and surged 10.58% at $1.15 on huge volume of 12.06 million shares. The stock made an intraday high and low of $1.17 and $0.95 respectively. So far the stock declined over 47% in last six months of trade. UCBH Holdings, Inc. is a bank holding company. UCBH conducts its principal business through its wholly owned banking subsidiary, United Commercial Bank, which makes up substantially all of its consolidated assets and revenues.
DryShips Inc. (NASDAQ:DRYS) jumped 6.65% or $0.45 to $7.22 on over 57.08 million shares after the company announced today that it has signed agreements with Nord LB and West LB on waiver terms for $116 million and $67 million respectively of our outstanding debt. DryShips Inc. owns, through its subsidiaries, a fleet of 40 drybulk carriers comprised of seven Capesize, 29 Panamax, two Supramax, and two newbuilding drybulk vessels, as well as two ultra-deep-water semi-submersible drilling rigs and two ultra-deep-water newbuilding drillships.
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PennyStockPickAlert.com
Jim
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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