Wednesday`s Top Volume Movers (DTPI, Coldwater Creek Inc., Evergreen Energy Inc., PCBC)
Wednesday`s Top Volume Movers
(EMAILWIRE.COM, August 26, 2010 ) New York, NY - Diamond Mgt. & Technology Consultants In (NASDAQ:DTPI) slid 0.48% to $12.48 on over 2.07 million shares. After opening today`s trade at $12.48, the stock was trading within the range of $12.47-$12.52.
The company agreed to be acquired by PricewaterhouseCoopers LLP for $12.50 per share in cash. The transaction represents a premium of 31% to Diamond’s closing stock price of $9.54 on August 23, 2010, and values Diamond at $378 million.
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Coldwater Creek Inc. (NASDAQ:CWTR) jumped 41.79% to $4.75 on over 5.89 million shares. The company reported that it swung to a second-quarter profit of $1.5 million, or 2 cents per share, from a net loss of $4.9 million, or 5 cents per share, in the year-earlier quarter. Revenue rose to $253.5 million from $225.2 million.
Analysts, on average, expected the company to post a loss of 4 cents per share on revenue of $233.38 million.
Evergreen Energy Inc. (NYSE:EEE) surged 11.11% to $1.70 on over 3.85 million shares. In the past one month of trading sessions, the stock surged more than 49%. At current market price, the market capitalization of the stock stands at $28.54 million.
Evergreen Energy Inc. is a cleaner coal technology, energy production and environmental solutions company focused on developing technologies.
Pacific Capital Bancorp (NASDAQ:PCBC) rallied 20.90% to $1.62 on over 8.17 million shares. Over the past 52-weeks, the stock has been trading within the range of $0.61-$5.49. Today, the stock opened at $1.34 and was trading within the range of $1.27-$1.66.
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The company agreed to be acquired by PricewaterhouseCoopers LLP for $12.50 per share in cash. The transaction represents a premium of 31% to Diamond’s closing stock price of $9.54 on August 23, 2010, and values Diamond at $378 million.
To sign in for Epic Stock Picks free (stock alerts), please visit http://www.epicstockpicks.com
Coldwater Creek Inc. (NASDAQ:CWTR) jumped 41.79% to $4.75 on over 5.89 million shares. The company reported that it swung to a second-quarter profit of $1.5 million, or 2 cents per share, from a net loss of $4.9 million, or 5 cents per share, in the year-earlier quarter. Revenue rose to $253.5 million from $225.2 million.
Analysts, on average, expected the company to post a loss of 4 cents per share on revenue of $233.38 million.
Evergreen Energy Inc. (NYSE:EEE) surged 11.11% to $1.70 on over 3.85 million shares. In the past one month of trading sessions, the stock surged more than 49%. At current market price, the market capitalization of the stock stands at $28.54 million.
Evergreen Energy Inc. is a cleaner coal technology, energy production and environmental solutions company focused on developing technologies.
Pacific Capital Bancorp (NASDAQ:PCBC) rallied 20.90% to $1.62 on over 8.17 million shares. Over the past 52-weeks, the stock has been trading within the range of $0.61-$5.49. Today, the stock opened at $1.34 and was trading within the range of $1.27-$1.66.
ABOUT www.epicstockpicks.com
Epic Stock Picks provides free Penny stock newsletters on various stocks including penny stocks of the day. EpicStockPicks.com team of experts delve into the micro and small-cap world of stocks, including big board pennies, searching for equities that are undervalued, yet show great promise of future growth.
EpicStockPicks.com will not be responsible for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails.
www.EpicStockPicks.com does its best to verify, but does not guarantee the topicality, correctness, completeness and quality of information and statements presented on its website and emails. EpicStockPicks.com ‘s company officers are not registered investment advisors and do not recommend to buy, hold, or sell any securities. EpicStockPicks.com simply provides information and ideas to investors as they gather investment information. The onus is on viewers to complete their own due diligence. EpicStockPicks.com viewers should always make their own financial decisions.
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epicstockpicks
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Tel: 732-229-0668
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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