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T-Mobile US, Inc. (NYSE: TMUS) shares closed up 2.30 percent on Thursday with over 10.8 million shares traded. The stock was one of the most active stocks on the NYSE and hit a new 52-week high of $32.95 during intra-day trading. Softbank who already owns Sprint, is reportedly looking to buy T-Mobile from Deutsche Telekom sometime in the first half of 2014. Softbank would then merge Sprint and T-Mobile, cutting the number of U.S. mobile carriers to three from four.
Coronado Biosciences, Inc. (NASDAQ: CNDO) shares closed up 26.67 percent on Thursday with about 6.6 million shares traded. The stock was one of the biggest gainers on the NASDAQ. On December 24, 2013, Michael Rogers informed the company that he was resigning as a director of our company, effective December 26, 2013, due to too many commitments. Coronado Biosciences, Inc. is a clinical stage biopharmaceutical company, focuses on the development of immunotherapy biologic agents for the treatment of autoimmune diseases and cancer.
Olie Inc. (OTCBB: OLIE) shares closed up 53.33 percent on Thursday with about 37 million shares traded. The stock was one of the biggest gainers in the OTCBB market. This month the company has commenced negotiations to complete an acquisition and roll up of UCP Holdings (UCPH) (UCP) as a wholly owned subsidiary of Olie and also completed a Letter of Intent to accomplish a Forward Acquisition transaction of Hi Score Corporation, (HSCO) as another wholly owned subsidiary.
J. C. Penney Company, Inc. (NYSE: JCP) shares closed up 2.51 percent on Thursday with about 22 million shares traded. The stock was one of the most active stocks in the NYSE. The modest gains came after a MasterCard Advisors SpendingPulse report showed a sharp spike in holiday spending. The MasterCard Advisors report says holiday season sales rose 2.7% in 2013, up from a rise of 0.7% in 2012. The figures include all spending between November 1 and December 24. All retail spending rose 3.5% during the time period.
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