eBay will spin off PayPal

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eBay Inc. (Nasdaq: EBAY) will spin off PayPal into a separate publicly traded company next year. Shares of the online marketplace soared $4.07 to $56.73.

News Corp. to buy Move

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News Corp. will pay a premium of approximately $950 million in cash to buy Move Inc. (Nasdaq: MOVE). The stock price leaped $5.70 to $20.99.


Catalyst Pharmaceutical Partners Inc. (Nasdaq: CPRX) reported positive results from a Phase 3 clinical trial of its Lambert-Eaton myasthenia syndrome treatment Firdapse lifting the stock price 35 cents to $3.34.


Civeo will move to Canada

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Civeo Corp.  (NYSE: CVEO) will continue operations as a corporation rather than convert to a real estate investment trust and will redomicile to Canada. The stock price plummeted $12.63 to close at $12.84.

JAB Holding will buy Einstein Noah

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JAB Holding will purchase Einstein Noah Restaurant Group Inc. (Nasdaq: BAGL) for a premium of approximately $374 million in cash. Shares of the bagel restaurant chain leaped $6.76 to close at $20.15.


GoPro introduces new cameras

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GoPro Inc. (Nasdaq: GPRO) introduced three new Hero cameras sending the stock price soaring $8.84 to close at $90.94. 


DreamWorks receives buyout offer

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SoftBank has offered a premium of approximately $3.4 billion to purchase DreamWorks Animation SKG Inc. (Nasdaq: DWA). The stock price jumped $5.67 to $28.03.

Tibco to go private

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Vista Equity Partners will take Tibco Software Inc. (Nasdaq: TIBX) private for a premium of approximately $3.98 billion sending the stock price soaring $4.14 to $23.66. 


Encana to buy Athlon Energy

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Encana Corp. (NYSE: ECA) will pay a premium of approximately $5.93 billion in cash to acquire Athlon Energy Inc. (NYSE: ATHL). Shares of Athlon Energy leaped $11.55 to $58.28 while Encana stock rose 46 cents to $21.59.


Finish Line disappoints

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Finish Line Inc. (Nasdaq: FINL) disappointed with lower second quarter earnings that fell short of analyst expectations sending the stock price tumbling $1.52 to close at $10.48.

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