Unusual 11 Mid-Day Movers 8/5: RDN, ONT, CATM, WUHN Higher; XRM, BBND, BNE, ACAS Lower - Street Insider

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Unusual 11 Mid-Day Movers 8/5: RDN, ONT, CATM, WUHN Higher; XRM, BBND, BNE, ACAS Lower
Aug 05, 2009 04:30 PM UTC

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Via StreetInsider.com News Articles:

Radian Group Inc. (NYSE: RDN) <font>50.1% HIGHER;</font> reported a surprise profit of $2.82 per share for the second quarter, versus the analyst consensus of a $1.58 loss. Excluding items, EPS for the quarter were about $0.24 per share, which still was significantly higher than the street view.

On2 Technologies, Inc. (NYSE: ONT) <font>50% HIGHER;</font> On2 and Google Inc. (NASDAQ: GOOG) entered into a definitive agreement under which Google will acquire On2, a leading developer of video compression technology. Under the terms of the agreement, each outstanding share of On2 common stock will be converted into $0.60 worth of Google

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