Company News for June 28, 2016

Shutterstock photo

• Heartware International Inc's ( HTWR ) shares jumped 92.8% on news that Medtronic plc ( MDT ) agreed to buy the company for $1.1 billion, or $58 per share

• Shares of Suffolk Bancorp ( SCNB ) surged 24.9% after the company agreed to be acquired by People's United Financial Inc. ( PBCT ) for $402 million

• Skullcandy, Inc's ( SKUL ) shares rose 5.6% after a private-investment firm Mill Road Capital offered to buy the company for $177 million, or $6.05 per share

• Shares of SPI Energy Co., Ltd. ( SPI ) soared 11.3% after announcing that its subsidiary Xinwei Solar Power Engineering (Suzhou) Co., Ltd. has signed two new EPC contracts in China

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

HEARTWARE INTL (HTWR): Free Stock Analysis Report

MEDTRONIC (MDT): Free Stock Analysis Report

SUFFOLK BCP (SCNB): Free Stock Analysis Report

PEOPLES UTD FIN (PBCT): Free Stock Analysis Report

SKULLCANDY INC (SKUL): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Business , Investing , Investing Ideas , Stocks
Referenced Symbols: MDT , PBCT ,

More from Zacks.com




Equity Research

Research Brokers before you trade

Want to trade FX?