Unusual 11 Mid-Day Movers 11/30: ICGN, BEZ, ENMD, ASTM, SGMS, SCR Higher; MCOX, IGTE, ORCT, BPHX, ROSG Lower

30. 11. 2010 18:59 - Streetinsider.com

Icagen, Inc. (Nasdaq: ICGN) 73.0% HIGHER; Icagen and (NYSE: PFE) have selected one sodium channel compounds to go into further development. Icagen will receive a milestone payment of $1 million on the decision. Baldor Electric Company (NYSE: BEZ) 40.2% HIGHER; ABB (NYSE: ABB) and Baldor announced that they have entered into an agreement whereby ABB will acquire all outstanding shares of Baldor Electric for $63.50 per share in cash, or a total consideration of $3.1 billion net of debt. Total value of the transaction is $4.2 billion, including about $1.1 in net debt. Mecox Lane Limited (Nasdaq: MCOX)