(EMAILWIRE.COM, September 01, 2010 ) New York, NY-DG FastChannel Inc. (NASDAQ:DGIT) added 4.50% to $15.79 on over 9.05 million shares, a day after it made its new 52-week low of $15.02. Yesterday, the company announced that its Board of Directors has approved a $30 million stock repurchase program authorizing the Company to purchase up to $30 million of its common stock.

Separately, the company provided a financial outlook for the third quarter and full year 2010. For the three months ended September 30, 2010, the Company expects revenues of $51-53 million and EBITDA of $23-24 million.

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Cogent, Inc. (NASDAQ:COGT) slid 0.81% to $11 on over 6.94 million shares. 3M said Monday that it has agreed to buy Cogent Inc. for $10.50 per share. The proposed transaction has an aggregate value of approximately $943 million, or approximately $430 million net of cash acquired.

Over the past 52-weeks, the stock traded within the range of $7.96-$11.33. At today`s closing market price, the stock has a market capitalization of $977.25 million.

Allied Nevada Gold Corp. (AMEX:ANV) jumped 3.58% to $23.45 on over 2.38 million shares after it made its new 52-week high of $24.53. Today, the stock opened at $22.85 and was trading within the range of $22.73-$24.53.

Allied Nevada Gold Corp. is a gold producer, which operates the Hycroft Mine and has a large number of exploration claims in the State of Nevada.

Fortress Investment Group LLC (NYSE:FIG) soared 5.68% to $3.35 on over 2.59 million shares. Today, the stock opened at $3.16 and has been trading within the range of $3.09-$3.35.

Fortress Investment Group LLC is a global alternative asset manager that raises, invests and manages private equity funds, liquid hedge funds and hybrid funds.

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