Investors get Green for Christmas; LCRD up 39%, MATK up over 35%
POINT ROBERTS, Wash., December 21, 2010 - InvestorIdeas.com, a global investor research portal for independent investors, reports on early morning trading on the NASDAQ.com.
The top five gainers as of early morning trading include: LCRD, MATK, XOMA, AMED and TBAC.
LaserCard Corporation (NasdaqGM: LCRD ) trading at$6.20, up1.75 (39.21%) 10:36AM EST
Martek Biosciences Corporation (NasdaqGS: MATK ) trading at $31.59, up 8.23 (35.23%) 10:43AM EST
XOMA Ltd.(NasdaqGM: XOMA ) trading at$2.99, up 0.61 (25.63%) 10:45AM EST
Amedisys Inc (NasdaqGS: AMED ) trading at $31.96, up 2.73 (9.34%) 10:45AM EST
Tandy Brands Accessories, Inc.(NasdaqGM: TBAC ) trading at $2.86, up 0.10 (3.62%) 10:03AM EST
Market Snapshot (at time of release)
Dow 11,522.94 +44.81 +0.39%
Nasdaq 2,661.54 +11.98 +0.45%
S&P 500 1,252.61 +5.53 +0.44%
10 Yr Bond (%) 3.3380% -0.0110
Oil 89.54 +0.17 +0.19%
Gold 1,382.30 -3.20 -0.23%
Company Snapshot: Hot news for LCRD –
LaserCard Corporation to be Acquired by ASSA ABLOY
LaserCard to join the HID Global business unit to expand solutions for the Secure Identity Market
December 20th -
MOUNTAIN VIEW, Calif.---- LaserCard Corporation (NASDAQ:LCRD , a leading provider of secure ID solutions, today announced that the company has entered into a definitive agreement to be acquired by ASSA ABLOY AB, at a price of $6.25 per share through a cash tender offer. The total transaction value is approximately $80 million. This per share price represents a premium of approximately 38% over the closing price of LaserCard shares on December 17, 2010 and a premium of 42% over the 20-day average of closing prices. LaserCard will become part of ASSA ABLOY’s HID Global business with LaserCard’s secure identity products, solutions and services complementing HID Global’s identity solution offering.
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