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Friday's Winners & Losers

Tarragon is surging.
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saw its shares more than double after the company closed a $69.25 million property sale and reached an agreement with its largest creditor, General Electric Capital, for the reinstatement of more than $550 million of loans.

The New York-based developer of multifamily housing was jumping $1.82 to $2.84.

Dallas-based energy company



said its shareholders approved the takeover that's being led by Kohlberg Kravis Roberts and Texas Pacific Group.

Shares of TXU tacked on 4 cents to $67.36.

Krispy Kreme Doughnuts


plunged more than 30% after the company posted its latest quarterly results.

For the fiscal second quarter ended July 29, revenue decreased 7.5% to $104.1 million. The Winston-Salem, N.C., doughnut seller had a loss of $27 million, or 42 cents a share, compared with a net loss of $4.6 million, or 7 cents a share, a year ago.

Impairment charges and lease termination costs totaled $22.1 million in the second quarter this year, compared to $382,000 last year. Shares of Krispy Kreme were diving 32.5% to $4.27.

Consol Energy

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, a Pittsburgh-based coal and coal bed methane company, signed a series of multiyear, multimillion-dollar coal supply agreements with utilities in the Midwest and the Southeast.

The transactions consist of 9.3 million tons of Northern Appalachia coal that will be supplied to new electricity generating units owned by We Energies and Santee Cooper. Consol's shares were down 2.5% to $41.24.