Updated from 2:16 p.m. EDT
WinnersBoron LePore (BLPG) was climbing 19% to $15.90 on word Cardinal Health (CAH) agreed to acquire the company. According to the terms of the deal, Cardinal will acquire Boron, a medical education provider, for $16 a share, giving the transaction a value of around $190 million. Cardinal Health offers various services to the health care industry, including consulting, product packaging and marketing and pharmaceuticals distribution. Computer Sciences (CSC - Get Report) was rising 11% to $46.22 a day after the company said fourth-quarter earnings rose to 82 cents a share from 22 cents a share, including a restructuring charge. Analysts polled by Thomson Financial/First Call had been expecting 77 cents. Computer Sciences also said it expects earnings of $2.73 to $2.88 a share for the year with revenue growth of 6% to 8%. Analysts were expecting a profit of $2.51.
CTI Industries (CTIB - Get Report), a maker of balloons and films, said first-quarter sales rose to $9.7 million from $6.1 million in the year-ago quarter. The company earned 31 cents a share, reversing a loss of 11 cents in the same period last year. The stock was one of the big winners of the day, rising 45% to $6.60. Earlier in the session, the shares were as high as $8. MasTec (MTZ) was gaining 10% to $8 the day after the company reported first-quarter earnings before items of 3 cents a share, matching estimates. Including items, MasTec, a designer of networks for telecommunications, broadband and energy companies, lost 51 cents. The company also raised its guidance for the full year. Mattson Technology (MTSN) was gaining 7% to $8.94 after Bear Stearns upgraded the company's shares to buy from attractive. The firm has a price target of $15 on Mattson.