Hot Stocks In News (CLU, FDX, UAUA, LPNT)

Cellu Tissue Holdings, Inc (NYSE:CLU) is of the top performers in NYSE. The stock augmented over 49.56% in the early morning trade and it currently trades at $11.86 on 8.87 million shares.

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Clearwater Paper Corp will acquire Cellu Tissue in cash for about $502 million, including approximately $255 million of debt. The shareholders of Cellu Tissue will receive $12 for each share. This deal is expected to close in the fourth quarter 2010.

Cellu Tissue Holdings, Inc is a North American producer of tissue products. The Company manufacture rolls of tissue, from purchased pulp and recycler fiber.

FedEx Corporation  (NYSE:FDX) plunged 3.67% to $82.79.

The Company announced its financial guidance for the second quarter 2011.FedEx expects EPS for second quarter and fiscal year 2011 to be in the range $1.15 to $1.35 per diluted share and $4.80 to $5.25 per diluted share respectively. The Reuters Estimates is in line with the Company guidance EPS for fiscal year 2011 that is $5.22.

 FedEx Corporation is a holding company. The Company offers transportation, e-commerce and business services under, the FedEx brand. There are four segments FedEx Express, FedEx Ground, FedEx Ground and FedEx Services.

UAL Corporation (NASDAQ:UAUA) declined 1.01% to $21.49

The parent company of UAL Corp expects revenue to increase between 18.5% to 19.5% year over year. Recently, the unit cost has increased in the range 3.2%-3.7%.

UAL Corporation is a holding company engaged in airline-related activities. The Company offers connections for its customers to approximately 1,100 destinations in 175 countries worldwide.

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LifePoint Hospitals, Inc (NASDAQ:LPNT) slipped 4.52% to $35.03 on a traded volume of 440k shares

The Company has announced that its Board of Directors has allowed share buyback of $150 million of its common stock over the next 18 months.

LifePoint Hospitals, Inc operates general acute care hospitals in non-urban communities in the United States. The Company owned or leased 47 hospitals through subsidiaries, and serving communities in 17 states as of December 31, 2009.

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