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Reuters scoops Argon sale; shares surge 20 pct and volume soars 01.11.2010 On January 11, shares of defense manufacturer Argon ST shot up 20 percent on record volume after a Reuters scoop found that the company hired advisers to sell itself. The following day, Argon announced it was exploring strategic alternatives. The Reuters story also said that Argon, which makes sensors for intelligence, surveillance and reconnaissance systems, is expected to draw interest from Boeing, BAE Systems, Raytheon and L-3 Communications. CNBC cited our headlines and Bloomberg picked up the news, citing our report for the stock rise. MARKET IMPACT shares of defense manufacturer Argon ST shot up 20 percent on record volume Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Commodities & Energy

Energy, metals, agricultural and environmental markets

Reuters scoops Argon sale; shares surge 20 pct and volume soars

01.11.2010

On January 11, shares of defense manufacturer Argon ST shot up 20 percent on record volume after a Reuters scoop found that the company hired advisers to sell itself. The following day, Argon announced it was exploring strategic alternatives. The Reuters story also said that Argon, which makes sensors for intelligence, surveillance and reconnaissance systems, is expected to draw interest from Boeing, BAE Systems, Raytheon and L-3 Communications. CNBC cited our headlines and Bloomberg picked up the news, citing our report for the stock rise.