(EMAILWIRE.COM, October 27, 2009 ) Dallas, TX - ION Geophysical Corporation (NYSE:IO) jumped 25.42% or $0.90 to $4.44 on over 16.69 million shares after it announced a global joint venture that will dramatically cut its debt. BGP Inc., the world’s largest land seismic contractor, will jointly provide seismic data on land-based petroleum prospects, and contribute $175 million for a 51% stake in the joint venture and a 16.7% interest in ION.

Nyer Medical Group, Inc. (NASDAQ:NYER) was among the most active gainers in today`s trade. The stock opened the day`s at $2.03 and has rallied 168.71% to $1.86 on over 1.23 million shares after Walgreens Stores agreed to acquire 12 Eaton Apothecare pharmacies from the company in a transaction valued at approximately $19 million. The transaction is significant given that the company’s market capitalization stands at just $7.36 million as of today.

Cascade Bancorp (NASDAQ:CACB) jumped up 36.70% or $0.33 to end the day`s trade at $1.23 on over 1.19 million shares. Cascade Bancorp (Bancorp) is a chartered financial holding company. Bancorp conducts its activities through its wholly owned subsidiary, Bank of the Cascades (the Bank), which provides a range of commercial and retail banking services.

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