Viper Trader

Imperial Sugar Agrees to be Acquired (IPSU)

Louis Dreyfus Commodities LLC to buy Imperial Sugar Co (IPSU, quote).  Imperial Sugar has agreed to be purchased by company Louis Dreyfus Commodities LLC via an all cash agreement that values the sugar refiner roughly at $78 million. 

S&P 500 Map

The S&P 500 is not fairing very well in early afternoon trading, down over 17 points at the time of this post has many traders running for cover.  Its times like this I like to map the market and find if any names that are bucking the trend and find out why.  Its these names that seem to be able to weather the turmoil better and warrant a look.

Ten Stocks Bucking The Trend Today

U.S. markets gave up less than a percent across the board, however, several stocks managed to hit 52 week highs today.  I always find companies that a can buck broader trend are always worth looking further into.  Traders alike have fund many nuggets  o the 52 week high list.

IBM Reports Earnings

IBM reports earnings excluding items of $2.78 a share, topping forecasts. Revenue came in at $24.67 billion, slightly short of expectations.