NEW YORK (TheStreet) -- The maker of the Invisalign teeth straightening system, Align Technology (ALGN) - Get Report ended Wednesday's trading session down 3.8% to $20.37 after agreeing to acquire dentistry imaging company Cadent for $190 million.
Apollo Global Management
fell 4.2% to $18.20 following rousing reception of the private-equity firm's long-awaited initial public offering Tuesday. On Wednesday,
releases data highlighting mixed IPO results from Apollo's portfolio companies.
Palo Alto, Calif.-based cloud computing application maker
rose 1.8% at $26.74 after edging past Wall Street's expectations for its fiscal first-quarter results. While Tibco's performance was ahead of the consensus view, the magnitude of the beat was only 5% vs. a 16% average beat in the previous eight quarters.
rose 0.2% to $52.36 after a visiting positive territory as judges expressed skepticism about a large class-action lawsuit against the giant retailer over sex discrimination.
Phosphate and potash company
ended up 2% to $80.45 ahead of its third-quarter earnings report after the markets close Wednesday.
added 1.4% to $55.37 after its subsidiary DuPont Denmark extended a $6 billion offer for food ingredients company
to April 29 to allow for additional time to obtain regulatory approvals in the European Union and China. So far, shareholders representing a mere 6% stake in Danisco have accepted DuPont's offer, 90% short of the acceptances the buyer would have needed to meet its original offer closing date of April 1.
( CEPH) is facing a hostile bid from
, which is offering $73 a share, a 24% premium to Cephalon's closing price Tuesday of $58.75.
Cephalon shares surged 28.4% to $75.44 Wednesday.
Shares of Valeant popped 12.8% to $50.08.
advanced 6.6% to $198.84 as it replaces biotech company
( GENZ) in the S&P 500 after the markets close on Friday.
Discount store chain
fell 0.3% to $52.25 as investors took profits after the company reported second-quarter earnings of 98 cents a share. The earnings beat narrowly expectations by a penny.
-- Written by Andrea Tse in New York.
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