Active traders and day traders have many stocks to choose from this morning.  We are tracking moves in Actel Corporation (NASDAQ: ACTL), Allied Irish Banks plc (NYSE: AIB), Array BioPharma, Inc. (NASDAQ: ARRY), GTSI Corp. (NASDAQ: GTSI), Isilon Systems, Inc. (NASDAQ: ISLN), Microsoft Corporation (NASDAQ: MSFT) and National Bank of Greece SA (NYSE: NBG).

Actel Corporation (NASDAQ: ACTL) is surging after Microsemi is acquiring it.  Shares are up 30% at $20.88 on very active trading.  The cash buyout is at $20.88 per share and both of the boards of directors have approved the transactions.

Allied Irish Banks plc (NYSE: AIB) is down again on Ireland… shares are down almost 6% at $1.33, which is the same as its 52-week and multi-year low.

Array BioPharma, Inc. (NASDAQ: ARRY) was up by 10% earlier on word that it announced positive results for its HER2 Inhibitor called ARRY-380 in breast cancer patients.  Volume is very thin.

GTSI Corp. (NASDAQ: GTSI) is getting crushed after Eyak Technology LLC withdrew its $7.50 per share acquisition offer.   Shares are down 42% at $4.15, a 52-week low under the 4.76 to $8.05 prior range.

Isilon Systems, Inc. (NASDAQ: ISLN) is up about 10% at $25.35 after reports that it hired Qatalyst as an investment banker to seek bids for the company.

Microsoft Corporation (NASDAQ: MSFT) is down about 1.7% at $23.97 on active trading after Goldman Sachs cut the rating to Neutral from Buy.

National Bank of Greece SA (NYSE: NBG) is trading up almost 3% at $2.31 as a secondary beneficiary after China pledged over the weekend to offer continued support for Greece.

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JON C. OGG

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