Market Currents

• Monday, November 10, 2008

• 08:54 AM AT&T (T) will buy Centennial Communications (CYCL) for $8.50/share, vs. its Friday close of $3.84/share. AT&T expects significant synergies from the deal, with minimal dilution of EPS or cash flow. Premarket: CYCL +102% to $7.77. T +3.3%. Comment!
• 08:49 AM Premarket gainers: CYCL +102%. SLT +15%. MT +15%. DRYS +14%. SOL +14%. ACH +13%. ACH +13%. AAUK +13%. GNW +12%. GERN +12%. HUN +12%. SLW +11%. RTP +11%. PBCT +11%. LVS +10%. JASO +10%. Comment!