Internet-business services provider

Manugistics

(MANU) - Get Report

soared to a new high of $104 and was up 17.4% in early afternoon after it reported second-quarter earnings of 3 cents a share, beating the

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First Call/Thomson Financial

break-even prediction and the year-ago 13 cent loss. Manugistics also announced it would buy privately held

Talus Solutions

for about $366 million in stock.