Morning Movers 7/14: NOVN, CIT, CPST, CNB, BBI Higher; HNT, COBZ, CPF, TTWO, IBAS Lower - Street Insider

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Morning Movers 7/14: NOVN, CIT, CPST, CNB, BBI Higher; HNT, COBZ, CPF, TTWO, IBAS Lower
Jul 14, 2009 12:59 PM UTC

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Via StreetInsider.com News Articles:

Noven Pharmaceuticals, Inc. (NASDAQ: NOVN) <font>22.4% HIGHER;</font> and Hisamitsu Pharmaceutical Co., Inc. have entered into a definitive merger agreement pursuant to which Hisamitsu has proposed to acquire Noven for total cash consideration of approximately $428 million, or $16.50 per share, in an all-cash tender offer for 100% of the outstanding shares of Noven. Here is the full report.

Health Net, Inc. (NYSE: HNT) <font>22.2% LOWER;</font> Health Net Federal Services, LLC, the government operations division of Health Net, released the following statement today in response to the Department of Defense's release of the TRICARE contract awards: "Health Net Federal

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