(EMAILWIRE.COM, October 16, 2009 ) Dallas, TX - CBS Corporation (NYSE:CBS) was one of the most active gainers in today`s trade as it rallied over 5.67% to close at $13.23 on huge volume of 38.93 million shares after Reuters reported that Sumner Redstone plans to sell more than $945 million of stock in CBS Corporation and Viacom, Inc., two media companies he controls, to pay off loans that threatened to unravel the media mogul's empire. CBS Corporation is a mass media company with operations in Television, Radio, Outdoor, Interactive and Publishing segments. The Television segment consists of CBS Television, which includes CBS Television Network, CBS Paramount Network Television and CBS Television Distribution, Showtime Networks and CBS College Sports Network.

PetSmart, Inc. (NASDAQ:PETM) was among the top movers and surged 8.23% to end the day`s trade at $25.37 on huge volume of 1.59 million shares after PetSmart, Inc. raised its third quarter of 2009 earnings per share guidance to $0.25 to $0.29. For fiscal 2009, it expects EPS of $1.43-$1.51. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.22 for the third quarter of 2009; EPS of $1.42 for fiscal 2009. PetSmart, Inc. is a specialty provider of products, services and solutions for the lifetime needs of pets.

Krispy Kreme Doughnuts (NYSE:KKD) jumped 9.30% or $0.37 to close at $4.35 on over 3.31 million shares. The stock made an intraday high and low of $4.75 and $4.01 respectively. So far the stock jumped over 90% in last six months of trade. Over the past 5 trading sessions, the stock prices shoot up 24%. Krispy Kreme Doughnuts, Inc. is a retailer and wholesaler of doughnuts and packaged sweets. The Company’s principal business is owning and franchising Krispy Kreme doughnut stores, at which over 20 varieties of doughnuts, including its Original Glazed doughnut, are made, sold and distributed together with complementary products, and where an array of coffees and other beverages are offered.

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