September 7, 2010 / 5:16 PM / 7 years ago

HEADLINE STOCKS-U.S. small/midcap stocks on the move on Sept 7

(For large-cap stocks to watch, click on [WATCH/US]) (Adds Valeant, Animal Health and others, updates stock movement)

Sept 7 (Reuters) - Some small and midcap stocks on the move on Tuesday:

RESCARE INC RSCR.O, $13.21, up 6 pct

The company said it agreed to be acquired by Canadian private-equity firm Onex Corp OCX.TO in a cash deal that values the U.S. provider of home care to the elderly and disabled at $390 million, after Onex sweetened its initial bid by 65 cents a share. [ID:nSGE6860G8]

ENTERPRISE GP HOLDINGS (EPE.N), $55.85, up 12 pct

Midstream energy services provider Enterprise Products Partners LP (EPD.N) said it would buy Enterprise GP for about $8.03 billion to reduce its capital costs and simplify its partnership structure. [ID:nSGE6860G9]

BIOVAIL CORP BVF.N, $26.00, up 8.5 pct

VALEANT PHARMACEUTICALS INTERNATIONAL (VRX.N), $63.35, up 5.6 pct

U.S.-based Valeant Pharmaceuticals, which agreed to be bought by Canada’s Biovail in June, said they would cut about 25 percent of the combined company’s U.S. and Canadian workforce as part of the integration plans. [ID:nSGE6860HW]

GT SOLAR INTERNATIONAL INC SOLR.O, $7.84, down 10.6 pct

The company announced concurrent offerings by selling stockholder. [ID:nASA00PKV]

ANIMAL HEALTH INTERNATIONAL AHII.O, $2.33, down 8 pct

The drugmaker reported fourth-quarter results. [ID:nWNAB3640]

PACIFIC MERCANTILE BANCORP (PMBC.O), $3.46, down 9 pct

The company said it has begun developing plans to increase equity capital. [ID:nWNAB3646]

VERIGY LTD VRGY.O, $8.04, down 8 pct

Barclays downgraded the company to “underweight” from “equal-weight”. [ID:nWNAB3662]

LINCOLN NATIONAL CORP (LNC.N), $24.90, down 4.5 pct

The U.S. Treasury Department said on Tuesday it plans to auction warrants in The Harford Financial Services Group Inc (HIG.N) and Lincoln National over the next several weeks, its remaining holdings in the firms. [ID:nN07215114]

IDENIX PHARMACEUTICALS IDIX.O, $3.11, down 48 pct

The drugmaker said it received a verbal notice from U.S. regulators that two of its experimental hepatitis C treatments have been put on clinical hold due to safety issues. [ID:nSGE6860G7]

CHINA SKY ONE MEDICAL INC CSKI.O, $6.76, down 30 pct

The company said several of its private distributors terminated their contracts, claiming information disclosed in its U.S. regulatory filings attracted increased scrutiny from Chinese authorities, prompting the company to slash its outlook. [ID:nSGE6820I6]

NEWLEAD HOLDINGS NEWL.O, $4.71, up 6.8 pct

The company announced two new time charters. [ID:nWNAB3661]

MOLYCORP INC MCP.N, $21.10, up 8 pct

The company reported quarterly results. [ID:nWNAB3621] (Compiled by Abhinav Sharma in Bangalore)

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