Market Update

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Shares of O'Charley's Inc
CHUX
gained about 42% after Fidelity National Financial Inc
FNF
announced its plans to buy all of the outstanding common stock of O'Charley's for $9.85 per share. Shares of Chunghwa Telecom Co Ltd
CHT
fell about 0.2% after the company announced its plans to increase its workforce by about 8% in 2012. The company plans to add 2,000 staff this year. Shares of Kenexa Corp
KNXA
dropped about 0.8% after the company announced its plans to acquire privately-held OutStart, a leading provider of Software as a Service e-learning solutions and services. Kenexa projects the deal to close shortly. Shares of BluePhoenix Solutions Ltd
BPHX
rose about 3.2% after the company named Mel Keating as its new Chairman of the Board of Directors.
Posted In: NewsMarketsmarket update
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