FedEx Corporation (NYSE: FDX) rose over 3.5% to a yearly high of $90.62 after the nations second largest package shipping company announced that it will report earnings of $1.10 per share for the fiscal second quarter, beating analyst estimates.
QuadraMed Corporation (NADAQ: QDHC) rose over 30% to a yearly high of $8.40 after the healthcare information technology provider agreed to be acquired by Francisco Partners, a buy-out fund, for $8.50 per share.
RELM Wireless Corporation (AMEX: RWC) rose as high as 230% to a yearly high of $5.75 after the maker of wireless communications products announced that it had received a five ear contract to provide digital two-way radios to the federal government.
Garrett W. McIntyre
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