Market Roundup

Shares of Great Wolf Resorts Inc

gained about 12% after the company received a takeover bid of $7 per share from KSL Capital Partners. Late Wednesday, Great Wolf received a bid of $6.25 per share from KSL Capital Partners.The proposal by KSL Capital Partners also tops a bid of $6.75 per share by Apollo Global Management LLC. Shares of ClickSoftware Technologies

dropped about 13.3% after the company lowered its revenue forecast for the first quarter ended March 31, 2012. It projects Q1 revenue to be around $21.6 million, up around 12% versus the first quarter of 2011. Shares of Regis Corp

dropped about 2.2% after the company reported better-than-expected fiscal third-quarter revenue. Regis' March same-store sales dropped 1.7%, versus 4.3% in the first two months of the quarter. For the quarter ended March 31, Regis' revenue dropped 1.3% to $574 million, versus analysts' estimates of $569 million. Its same-store sales dropped 3.4%, versus a decline of 3% in the second quarter. Shares of AT&T Inc

fell about 0.9% after the company reported that an affiliate of Cerberus Capital Management LP (Cerberus) has agreed to buy AT&T Advertising Solutions and AT&T Interactive for around $750 million in cash. Shares of Sherwin-Williams Co

gained about 0.9% after the company raised its first-quarter-earnings forecast. Sherwin-Williams expects profit of $0.92 to $0.95 per share, versus its January forecast of $0.56 to $0.74 per share. Sherwin-Williams earned $0.63 per share in the year-ago period. However, analysts were expecting a profit of $0.72 per share for the quarter.