NASDAQ Stocks Showing Significant Moves (ATSI, PALM, BIDU, GMCR)

ATS Medical, Inc. (NASDAQ:ATSI) added 52.51% to $3.95 on 13.80 million shares. Medtronic, Inc. and ATS Medical, Inc. announced that the companies have signed a definitive agreement under which Medtronic will acquire ATS Medical by paying $4.00 per share in cash for each share of ATS Medical stock. The total value of the transaction is expected to be approximately $370 million, which includes the purchase of ATS Medical stock and assumption of net debt.

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Palm, Inc. (NASDAQ:PALM) advanced 24.43% to $5.76. Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of Palm, Inc. in connection with their actions in causing Palm to enter into a definitive agreement with Hewlett-Packard Company (HP). If the transaction is completed, Palm shareholders will receive $5.70 in cash for each share of Palm they own.

Baidu, Inc.(ADR) (NASDAQ:BIDU) went up 15.11% to $715.25. Baidu.com, Inc. announced that for the second quarter of 2010, it expects revenue to be in the range of RMB1.830 billion ($268.1 million) to RMB1.870 billion ($274.0 million), representing a 67% to 70% year-over-year increase. According to Reuters Estimates, analysts are expecting the Company to report revenues of $239.4 million for the second quarter of 2010.

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) lost 10.48% to $77.80. The company revised its fiscal 2010 guidance and expects total consolidated net sales growth of 62%-65%, up from prior estimates of 57%-62% and fully diluted non GAAP earnings per share (EPS) in the range of $2.04-$2.14 pre split, or $0.68-$0.71 per share post three for one split, excluding any acquisition related transaction expenses for the Timothy's and pending Diedrich acquisitions in fiscal 2010.

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