Market Roundup

Shares of United Continental Holdings Inc (NYSE: UAL) dropped about 1.9% after the company reported a 1% rise in its March traffic. Its traffic measured in revenue passenger miles climbed to 17.56 billion miles. The load factor widened to 81.5% from 79.8%. Revenue per available seat mile surged in...

Shares of Great Wolf Resorts Inc (NASDAQ: WOLF) 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...

Shares of US Airways Group Inc (NYSE: LCC) gained about 2.2% after the company reported a 4.5% rise in its consolidated March traffic. US Airways' load factor climbed to 84% from 82.9%, while capacity surged 3.1%. US Airways' consolidated passenger revenue per available seat mile gained 8%. Shares...

Shares of AutoNation Inc (NYSE: AN) rose about 0.7% after the company reported a 15% surge in its March new car sales. AutoNation's March new car sales climbed to 25,489 vehicles. For the first quarter, its new vehicle sales jumped 13%. Shares of Crown Castle International Corp (NYSE: CCI) fell...

Shares of Power Integrations (NASDAQ: POWI) dropped about 0.2% after the company announced its plans to buy privately held CT-Concept Technologie AG for around 105 million Swiss francs in cash, or around US$115 million, net of cash assumed. Shares of Theravance Inc (NASDAQ: THRX) gained about 16....

Shares of ChinaCast Education Corporation (NASDAQ: CAST) gained about 0.70% after the company's board named Derek Feng as Chairman and interim Chief Executive Officer, effective immediately. Derek Feng will replace Ron Chan as Chairman and CEO. Shares of China Petroleum & Chemical Corp (NYSE:...

Shares of Nielsen Holdings NV (NYSE: NLSN) dropped about 0.14% after the company announced its plans to launch a public offering of 25 million shares of common stock. Shares of LSI Industries Inc (NASDAQ: LYTS) rose about 3.1% after the company announced its plans to acquire Virticus Corporation...

Shares of Tudou Holdings Ltd (NASDAQ: TUDO) surged about 152% after Youku Inc (NYSE: YOKU) announced its plans to buy Tudou in a 100% stock-for-stock transaction. Upon completion of the transaction, the combined entity will be named Youku Tudou Inc. Shares of MOCON Inc (NASDAQ: MOCO) rose about 3....

Shares of Walgreen Co (NYSE: WAG) rose about 1.7% after the company reported a 4.6% drop in its February same-store sales. Total sales at the pharmacy chain climbed 1.5% to $5.9 billion. Shares of Alkermes plc (NASDAQ: ALKS) declined about 1.1% after the company named Mark Stejbach as its Chief...

Shares of Archer Daniels Midland Co (NYSE: ADM) rose about 0.1% after the company announced its plans to lower 1,000 jobs. Archer Daniels Midland will cut 3% of the company's work force, to reduce annual expenses by $100 million per year. Shares of Crown Castle International Corp (NYSE: CCI)...