hyc

Hypercom (NYSE: HYC) 45.6% HIGHER; In a letter to the Board, VeriFone announced that following Hypercom's failure to engage in meaningful discussions with the company after an initial offer of 0.21 PAY shares for every HYC share was made, VeriFone will now offer cash to the tune of $5.25/share. Click here to see the full report.

TerreStar (Nasdaq: TSTR) 23.3% HIGHER; continuing higher 2 days after announcing that it will launch its TerreStar-1 on July 1.

The stock has surged 74% since the news hit. Sealy Corp. (NYSE: ZZ) 23.1% HIGHER; sees Q2 sales of $249-301 million, versus the consensus of $296.79 million.

Gross profit for the quarter is expected to be in the range of $119-$123 million.