Market Overview

Afternoon Movers; Positive Euro News

Diamond Foods (NASDAQ: DMND) +48.3% after eased up federal investigations

Blue Coat Systems Inc (NASDAQ: BCSI) +44% after private equity offered to take over for $1.3 billion

The Cooper Companies (NYSE: COO) +16.7% after positive earnings

Pharmacyclics (NASDAQ: PCYC) -15.3% despite collaborating with Johnson and Johnson

OYO Geospace Corp (NASDAQ: OYOG) -7.9% on poor earnings

Xueda Education Group (NYSE: XUE) -8.3% on heavy volume

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