Shares of BGC Partners, Inc. (BGCP: Quote) surged more than 37% in after hours trading after the global brokerage firm said it has agreed to sell its benchmark, on-the-run, U.S. Treasury fully electronic trading platform to NASDAQ OMX Group, Inc. (NDAQ) for a total consideration of up to $1.234 billion, consisting of $750 million in cash plus an earn-out of up to $484 million of NASDAQ common stock to be paid ratably over 15 years.
Nuance Communications Inc. (NUAN: Quote) shares rose more than 8% in extended hours trading after CNBC reported that billionaire investor Carl Icahn has taken a 9.27% passive stake in the speech recognition and digital imaging software maker.
Shares of Shoe Carnival Inc. (SCVL: Quote) fell more than 2% in late trading after the footwear retailer forecast first quarter revenue and earnings below analysts' current consensus estimates.
Nordic American Tankers Ltd. (NAT: Quote) shares lost more than 8% in after hours trading after the international tanker company said it is commencing a public offering of $87 million aggregate amount of common shares.
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by RTT Staff Writer
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