(EMAILWIRE.COM, August 27, 2010 ) New York, NY - ArcSight Inc. (NASDAQ:ARST) soared 30% to $36.70 on over 4.91 million shares. Cybersecurity firm ArcSight Inc has put itself up for sale and could be bought by a technology giant such as Oracle Corp, Hewlett-Packard Co or IBM, The Wall Street Journal reported on Thursday.

The Journal reported that a deal could fetch more than $40 per share, valuing the company at $1.4 billion or more.

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Coldwater Creek Inc. (NASDAQ:CWTR) plunged 8.42% to $4.35 on over 2.22 million shares. Earlier this week, 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.

Cereplast, Inc. (NASDAQ:CERP) jumped 17.35% to $3.99 on over 1.19 million shares. In the past one month of trading sessions, the stock surged more than 25%. At current market price, the market capitalization of the stock stands at $51.40 million.

On Wednesday, the bioplastics developer announced that Italy-based RI.ME. Masterbatch S.r.l. will distribute Cereplast's bioplastic resins to the European market.

Geokinetics Inc. (AMEX:GOK) rallied 23.02% to $4.81 after the oil-services firm said it had a contract from Petroleos Mexicanos worth more than $110 million. Over the past 52-weeks, the stock has been trading within the range of $3.55-$22.55. Today, the stock opened at $4.22 and was trading within the range of $4.22-$5.59.

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