Today's Big Gainers: EMS, AIG, MTXX
Tuesday 12/14/2010 5:02 PM ET - Marketnewsvideo.com
Related Companies
Symbol Last %Chg
AIG 51.77 6.70%
EMS 63.00 16.97%
MTXX 7.98 55.86%
As of 3:59 PM ET 12/14/10
Emergency Medical Services (EMS) shares are higher in trading on Tuesday after the company announced that it was reviewing strategic alternatives following a 24.7% increase in earnings per share for the third quarter.
Investors speculated that the company may be for sale, sending shares higher by over seventeen percent.
AIG (AIG) shares are higher after chairman Steven Miller said on Bloomberg Television that that could return to private hands within a "year or two" and that both AIG and that Treasury are "anxious to complete that job as quickly as possible."
Shares are higher by nearly ten percent.
Healthcare company Matrixx Initiatives (MTXX) announced that it would be bought by private equity firm H.I.G Capital for $75.2 million. The offer amounts to $8 per share and is a 56.3 percent premium to the stock's Monday close.
Shares are higher by nearly 56 percent.
The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/? ... ers121410&mv=1.