were among technology's losers Monday, sliding 12% after the maker of security imaging systems said its chief executive plans to leave at the end of the year.
John Wood, who has served as CEO since August 2003, will retire Dec. 31. Analogic said that it has hired Korn/Ferry to search for a successor to Wood. Meanwhile, the company named Bernard Gordon as executive chairman and John Tarello, Analogic's former chairman, as vice chairman. Shares recently were trading down $5.85 to $52.37.
( CHINA) rose 6% after the software company said that it would sell $168 million of senior exchangeable convertible notes due 2011 to institutional investors. The company plans to use proceeds from the offering for acquisitions, game development, and other general purposes. Shares were up 42 cents to $7.25.
sank 6% after the Internet service provider laid out plans to sell $225 million of convertible notes due 2026. EarthLink said it expects to use a portion of the proceeds to fund convertible note hedge transactions. The remaining proceeds will be used for general corporate purposes. Shares were trading down 42 cents to $6.38.
zoomed 36% after the electronics manufacturing services company reached a litigation settlement with
. As part of the agreement, Applied Materials agreed to pay Suntron an undisclosed sum and acquire certain Suntron inventory. Shares of Suntron were trading up 42 cents to $1.60.
fell 8% after the light-scanning technology company priced 3.3 million shares in a secondary offering at $2.39 a share. The price represents a 15% discount to Friday's closing price of $2.81. Shares were trading at $2.59, down 22 cents.
Other technology movers included
, down 6 cents to $26.68;
, up 7 cents to $5.34;
, up 31 cents to $20.89;
, up 15 cents to $29.39;
Sirius Satellite Radio
, up 2 cents to $4.15;
( LU), up 2 cents to $2.52;
, up $1.25 to $36.49;
, up 23 cents to $19.01; and
, up 54 cents to $25.43.