(EMAILWIRE.COM, April 26, 2011 ) NEW YORK, NY - Peoples Bancorp of North Carolina Inc (NASDAQ:PEBK) jumped up 15.45% to $7.10 after the Company posted first quarter results on April 25, 2011. Net income was $1.4 million or $0.25 per share in the first quarter. Net interest income was $8.5 million compared to $8.1 million in the previous year quarter.
Horizon Lines Inc (NYSE:HRZ) soared 16.2% to $1.65. In the last one month, the stock went down more than 48%.
Central European Distribution Corp (NASDAQ:CEDC) augmented 14.58% to $12.65. The Company has signed and agreed to modify set of terms for its credit facilities with Bank Handlowy w Warszawie S.A. and Bank Zachodnia WBK S.A.
Changyou.com Limited (ADR) (NASDAQ:CYOU) moved up 7.67% to $42.83 after the Company said that it will acquire 68.258% of the equity of Shenzhen 7Road Technology Co Ltd and its affiliates for fixed cash consideration of around $68.26 million and a variable cash consideration of up to a maximum of $32.76 million.
Pharmasset Inc (NASDAQ:VRUS) declined 9.47% to $97.83. The Company reported second quarter revenues of $0.2 million compared to $0.3 million in the prior year period. Net loss was $19.9 million or $0.55 per share compared to $16.1 million or $0.54 per share in the previous year quarter.
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