Textura Corp
(NYSE:
TXTR) surged 30.77 percent to $26.01. The volume of Textura shares traded was 8444 percent higher than normal. Textura agreed to be acquired by
Oracle Corporation (NYSE:
ORCL) for $26 per share. Textura reported Q1 earnings of $0.09 per share on revenue of $24.7 million.
St. Jude Medical, Inc. (NYSE:
STJ) shares climbed 27.25 percent to $78.83. The volume of St. Jude Medical shares traded was 1860 percent higher than normal.
Abbott Laboratories (NYSE:
ABT) announced it has entered into an agreement to acquire St. Jude for a total consideration of $25 billion.
Medivation Inc (NASDAQ:
MDVN) shares moved up 6.94 percent to $55.66. The volume of Medivation traded was 518 percent higher than normal.
Sanofi SA (ADR) (NYSE:
SNY) offered to acquire Medivation for $52.50 per share.
Dolby Laboratories, Inc. (NYSE:
DLB) shares rose 9.44 percent to $46.49. The volume of Dolby Laboratories shares traded was 386 percent higher than normal. Dolby Laboratories reported stronger-than-expected quarterly results.
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