The stock gained by 2 percent to close at $47.45 on the news. Over the last 12 months, the company has traded between $26.80 to $111.99.

Live Nation Inc (NYSE: LYV):

 

The market analysts are expecting the firm to retain its strong market position amid financial turmoil and weak consumer spending. Live Nation Inc.'s ticketing agreement with SMG, the world's largest venue management company, sent Share of Ticketmaster to a fresh 52-week low last month. The makes deals with individual recording artists like Madonna. The market analysts such as Stifel Nicolaus & Co.'s Scott Devitt believe that the firm will gain on agreements with venue operators, if they want the artists to perform on their sites. At 10:50am ET, shares were trading lower by 16 cents or 0.98 percent to $16.11, after reaching the day's high of $16.75 so far.

Gardner Denver Machinery Inc (NYSE: GDI):

 

Gardner Denver recently reported several corporate developments for the second half of 2008. The initiatives include to restructure the organization to improve the Company's overall profitability; a new credit agreement to finance the CompAir acquisition; and the financial impact of recent unfavorable changes in foreign currency exchange rates. The move is expected to improve operating income by approximately $8 million in 2009. The firm's third-quarter earnings were lower-than-expected due to its recent reorganization. The company also cited reason of unexpected currency costs in its $395 million acquisition of CompAir Holdings Ltd. At 11:46am ET, shares were trading down by 81 cents or 2.33 percent to $33.91 with volume averaging at 766,400, after reaching a high of $35.62.

The Chubb Corporation (NYSE: CB):



The Cubb has retained its "Hold" rating from the market analysts last week following a short-lived but double-digit rally for the company. Investors gained confidence in the company after the Federal Reserve pumped in $85 billion loan to AIG (NYSE: AIG) last month, which prevented it from collapsing. Shares had surged by 45 percent.