Barclays plc (BCS: Quote) is rising more than 1 percent to $10.92. The company announced that Bob Diamond has resigned as chief executive and a director. The move comes after the company was fined 290 million pounds last week for attempting to manipulate the inter-bank lending rate.
MModal Inc. (MODL: Quote) is rising over 8 percent to $14 based on the news that it agreed to be acquired by One Equity Partners for $14 per share or a total of about $1.1 billion in an all-cash deal.
Microsoft Corp. (MSFT: Quote) is declining 0.75 percent to $30.33. The company announced that it will take a non-cash, non-tax-deductible income statement charge for the fourth quarter of fiscal year 2012 for the impairment of goodwill in its Online Services Division segment, mostly related to its 2007 aQuantive Inc., acquisition.
Chelsea Therapeutics International Ltd. (CHTP: Quote) is plunging 55 percent to $0.66. The company announced that it has received a written response from the FDA stating that Study 306B is unlikely to provide sufficient confirmatory evidence to support a Northera Capsules New Drug Application.
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by RTT Staff Writer
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