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www.InvestorIdeas.com is a meeting place for investors and public companies in leading sectors. Find investing ideas, news and research for biotech stocks, tech and mobile stocks, mining stocks, oil and gas, water stocks, renewable energy, beverage stocks, defense stocks, nanotech and more on... More
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  • Wednesday Morning NASDAQ Top Percentage Gainers; (NLCI), (MOBI), (CVVT), (HMPRD)  0 comments
    May 18, 2011 11:12 AM | about stocks: NLCI, MOBI, CVVT
    Wednesday Morning NASDAQ Top Percentage Gainers; (NLCI), (MOBI), (OTC:CVVT), (HMPRD)  
     
    Nobel Learning Communities, Inc (NasdaqGM: NLCI ) trading at $11.50, up 2.86 (33.10%)
     
    POINT ROBERTS, Wash., May 18, 2011 - InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ in morning trading for May 18th.  Stocks with big gains this morning include Nobel Learning Communities, Inc (NasdaqGM: NLCI), Sky-mobi Limited (Nasdaq GM: MOBI), China Valves Technology, Inc. (NasdaqGS: CVVT) and Hampton Roads Bankshares Inc (NasdaqGS: HMPRD).
     
    Nobel Learning Communities, Inc. (NASDAQ:NLCI), a leading operator of private preschools, elementary schools, middle schools and K-12 online distance learning, announced that the Company has reached a definitive agreement to be acquired by Leeds Equity Partners ("Leeds Equity") in a transaction valued at approximately $149 million, including consideration paid to holders of outstanding options and warrants. The Strategic Affairs Committee of the Company's Board of Directors (the "Board"), which is comprised of three independent directors and was advised by independent financial and legal advisors, unanimously recommended the transaction to the full Board. The Board unanimously approved the transaction and has resolved to recommend that the stockholders of Nobel Learning approve the transaction. Additionally, holders of approximately 55% of the outstanding shares of Company common stock, including the Company's Board and executive management team, have entered into agreements with Leeds Equity to vote in favor of the transaction.
     
    Trading Close-Up  
    Nobel Learning Communities, Inc (NasdaqGM: NLCI ) trading at $11.50, up 2.86 (33.10%) 10:50AM EDT
    Sky-mobi Limited (Nasdaq GM: MOBI ) trading at $11.98, up 1.59 (15.30%) 11:00AM EDT
    China Valves Technology, Inc. (NasdaqGS: CVVT ) trading at $4.09, up 0.31 (8.20%) 10:59AM EDT
    Hampton Roads Bankshares Inc (NasdaqGS: HMPRD ) trading at $15.18, up 0.58 (3.97%) 10:20AM EDT
     
    Market Snapshot
    Dow 12,495.96 +16.38 +0.13% 
    NASDAQ 2,799.04 +15.83 +0.57% 
    S&P 500 1,335.73 +6.75 +0.51% 
    10 Yr Bond (%) 3.1510% +0.0300 
    Oil 99.33 +2.42 +2.50% 
    Gold 1,483.50 +11.70 +0.79%
     
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    About InvestorIdeas.com:
    InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
     
     
    Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
     
     
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    Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
     
    Source – Investorideas.com
    Themes: NASDAQ Stocks: NLCI, MOBI, CVVT
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