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Topday's Biggest NASDAQ Gainers were SMTL, ABCW, ZOOM : by Penny Stock Pick Alert

Semitool, Anchor BanCorp Wisconsin and Zoom Technologies today were Biggest NASDAQ Gainers as reported by by Penny Stock Pick Alert.

 



(EMAILWIRE.COM, November 18, 2009 ) Dallas, TX - Semitool, Inc. (NASDAQ:SMTL) jumped up over 30.83% to close at $10.99 after Applied Materials, Inc. and Semitool, Inc. announced a definitive agreement for Applied to acquire the outstanding shares of Semitool for $11 per share in an all-cash tender offer. Under terms of an agreement approved by the boards of directors of both companies, Applied Materials will pay an aggregate purchase price of approximately $364 million based on the fully diluted capitalization of Semitool.

Anchor BanCorp Wisconsin Inc. (NASDAQ:ABCW) climbed up over 47.54% to end the day at $0.900 after the company yesterday announced that it has entered into a definitive agreement for the sale of 11 AnchorBank branches in Northwestern Wisconsin to Royal Credit Union of Eau Claire, Wis. Under the terms of the agreement, RCU will assume approximately $177 million in deposits and receive a corresponding amount in loans, real estate, and other assets.

Zoom Technologies, Inc. (NASDAQ:ZOOM) surged over 3.26% to close at $8.24 o after the company yesterday upwardly revised its fiscal 2009 revenue guidance to between $185 and $195 million and net income to between $6.0 and $6.2 million, as compared to previous guidance of $145 and $155 million in revenue and $5.9 and $6.1 million in net income. The Company now expects fiscal 2010 net income to be in the range of $10.75 to $11.25 million on an adjusted basis, which are prior to deductions from non-cash equity based compensation charges.

ABOUT http://www.PennyStockPickalert.com
The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time .If you wish to get your company featured on our website then please contact us at info @PennyStockPickReport

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