Stocks finished mixed Friday after a surge in retail sales and improved sentiment among consumers.
Here are some of the biggest gainers in the stock market Friday:
1. Badger Meter | Percentage Increase Over 11%
Shares of Badger Meter (BMI) - Get Report climbed after the water measurement equipment maker beat Wall Street's beat Wall Street's third-quarter earnings and revenue expectations. The company did not issue any guidance.
2. CIT Group | Percentage Increase Over 26%
CIT Group (CIT) - Get Report advanced after the financial services company agreed to merge with First Citizens Bancshares (FCNCA) - Get Report, creating the 19th largest U.S. bank based on assets. The combined bank would have more than $100 billion of assets and $80 billion of deposits.
3. Navistar | Percentage Increase Over 22%
Navistar International (NAV) - Get Report jumped after the farm and heavy construction machinery maker said $44.50 a share cash would be an offer it could accept from Traton, Volkswagen's heavy-truck division. Traton had called $43 its "best and final" offer and put a Friday deadline on that bid.
4. Hertz Global Holdings | Percentage Increase Over 142%
Hertz Global Holdings (HTZ) - Get Report shares more than doubled after the rental-car chain said it had obtained $1.65 billion in financing to help it emerge from bankruptcy proceedings. Hertz filed for Chapter 11 protection from creditors in May.
5. PQ Group Holdings | Percentage Increase Over 13%
PQ Group Holdings (PQG) - Get Report surged after the chemical company agreed to sell its performance materials business to an affiliate of Jordan Co., a private equity firm, for $650 million. PQ Group said it expected to use the proceeds of the sale, along with some current cash balances, to reduce debt by about $460 million, while allocating $250 million, or $1.84 per share, to a planned special dividend.