Gannett Co., Inc. (NYSE:GCI) shares declined 0.06%
to $16.05 in the morning hour after the company announced that it has entered
into a partnership with InnerWorkings to
exclusively manage print procurement and print management for non-newspaper
print products such as direct mail, marketing collateral, inserts and select
publications, among other items.
KSW, Inc. (NASDAQ:KSW) stock soared 22.11% to $4.97
after the company announced that they have entered into a definitive merger
agreement. Under the terms of the agreement, a subsidiary of Related Companies
will acquire all of the outstanding shares of common stock of KSW for $5.00 per
share in cash through a cash tender offer followed by a merger. The transaction
is valued in the aggregate at approximately $32.1 million.
Will
KSW Continue To Move Up? Find Out Here
Cell Therapeutics Inc (NASDAQ:CTIC) stock gained
5.17% to $2.44. The company’s management will present at the Annual Rodman
& Renshaw Global Investment Conference on Tuesday, September 11 at 10:25
a.m. Eastern/ 4:25 p.m. Central European/ 7:25 a.m. Pacific time in the
Starlight North room of the Waldorf-Astoria Hotel.
Titan Machinery Inc. (NASDAQ:TITN) shares declined
16.76% to $21.11 in the early hour after the company posted second quarter
profit of $5.21 million, or $0.25 a share, as compared with $6.29 million, or
$0.30 a share, in the same quarter a year earlier. Revenue jumped 32% to $410
million. Analysts had most recently forecast earnings of $0.43 a share on
revenue of $402 million.
Groupon Inc (NASDAQ:GRPN) shares increased 0.23% to
$4.28 in the morning hour. The company’s reported that its Chairman Eric
Lefkofsky relocated 18.7 million of his firm’s shares to early investors,
consultants and advisers. The total of 15.4 million of the shares were
transferred from a firm know 600 West Groupon LLC, which is handled by a
company owned equally by Lefkofsky and his wife.
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