10 Stocks to Watch: Align, Apollo


NEW YORK (TheStreet) -- The maker of the Invisalign teeth straightening system, Align Technology (ALGN) 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 ( APO) fell 4.2% to $18.20 following rousing reception of the private-equity firm's long-awaited initial public offering Tuesday. On Wednesday, Thomson Reuters releases data highlighting mixed IPO results from Apollo's portfolio companies.
>> Apollo's IPO Gets Warm Reception


Palo Alto, Calif.-based cloud computing application maker Tibco Software ( TIBX) 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.
>> Tibco Software: After-Hours Trading


Wal-Mart ( WMT) 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 Mosaic ( MOS) ended up 2% to $80.45 ahead of its third-quarter earnings report after the markets close Wednesday.


Chemicals company DuPont ( DD) added 1.4% to $55.37 after its subsidiary DuPont Denmark extended a $6 billion offer for food ingredients company Danisco 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.


Drug company Cephalon ( CEPH) is facing a hostile bid from Valeant Pharmaceuticals ( VRX), 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.
>> Valeant Goes Hostile With Cephalon Bid


Investment manager BlackRock ( BLK) advanced 6.6% to $198.84 as it replaces biotech company Genzyme ( GENZ) in the S&P 500 after the markets close on Friday.


Discount store chain Family Dollar ( FDO) 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.

>>Search for Highest Dividends by Rate or Yield
More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

>To follow the writer on Twitter, go to Andrea Tse.

>To submit a news tip, send an email to: tips@thestreet.com.

Copyright 2010 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More from Opinion

Cable Stock Investors Should Keep an Eye On Wireless Broadband's Rise

Cable Stock Investors Should Keep an Eye On Wireless Broadband's Rise

Trump Blinks on China Trade War That's Looking Harder to Win

Trump Blinks on China Trade War That's Looking Harder to Win

Monday Madness: GE, China, and Micron

Monday Madness: GE, China, and Micron

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

How Technology Will Unleash the Legal Marijuana Industry's Growth Potential

How Technology Will Unleash the Legal Marijuana Industry's Growth Potential