jumped after it reached an agreement with the Navy to lift a suspension on new contract awards at certain company locations. Also, co-founder Lee Blatt has left Herely after 41 years. Shares were trading up $2.39, or 19.09%, to $14.91.
climbed on news the Burlington, N.J.-based bank agreed to be acquired by Beneficial Mutual Bancorp for about $183.2 million. Shares were higher by $4.90, or 18.3%, to $31.65.
Contango Oil & Gas
gained after the Houston-based company announced a discovery at its Dutch prospect, located offshore Louisiana. Shares were up $2.01, or 17.3%, to $13.60.
tumbled after the Israeli company said it lost one of its most important customers. Saifun said that
( QI), the memory division of German chipmaker
( IFX), is ramping down its use of NROM technology licensed from Saifun. Shares were falling $7, or 24.1%, to $22.08.
stumbled after the Calabasas, Calif.-based company postponed the release of its third-quarter financial results pending completion of an internal review of its revenue recognition. Also, the company was downgraded by Nollenberger Capital to neutral from buy. Shares were losing 86 cents, or 8.8%, to $8.89.