Gainers:
Cracker Barrel Old Country Store, Inc. (CBRL) is rising 4 percent to $93.01. The company's third quarter profit improved from the prior year period and topped Wall Street view. Total revenue improved 5.2 percent and also topped the consensus estimate. The company raised its fiscal 2013 adjusted earnings per share guidance.
Colonial Properties Trust (CLP) is gaining 8 percent to $23.85 as the company and Mid-America Apartment Communities Inc. (MAA) announced a definitive agreement to merge, creating a Sunbelt-focused, publicly traded, multifamily REIT.
SodaStream International Ltd. (SODA) is up 4 percent to $66.50.
Decliners:
Infinity Pharmaceuticals, Inc. (INFI) is falling over 14 percent to $22.98. The company announced updated Phase 1 data from an ongoing study of IPI-145, its potent, oral inhibitor of phosphoinositide-3-kinase-delta and PI3K-gamma in patients with relapsed/refractory chronic lymphocytic leukemia, a potentially fatal hematologic malignancy, or blood cancer.
Trading halt:
Trading in shares of First California Financial Group, Inc. (FCAL) was halted. PacWest Bancorp (PACW) has completed its acquisition of First California Financial.
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