Pall Corporation Jumps 19 Percent on Possible Auction

Pall Corporation (PLL) ended Tuesday's trading day up 19.4 percent. The stock is TheStreet's Move of the Day. The filtration system manufacturer is in advanced stages of an auction that could push the company's value north of $10 billion, according to a Wall Street Journal Report, which names Danaher Corp and Thermo Fisher Scientific as possible buyers. The Port Washington, N.Y.-based company reported earnings per share of 78 cents in its most recent earnings report on February 24, a 4 percent year-over-year increase. Meanwhile, revenue stood at almost $674 million, down from $677 million last year. Shares of Pall Corporation are trading at $118.62 per share and have increased 17.2 percent since the start of the year.