Good Tuesday Morning, Its October 11th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Kenexa Corporation - symbol KNXA - has updated its guidance for the third quarter of its fiscal 2011. The Company expects non-GAAP revenue to be at or above the high-end of its previously-issued guidance range of $72.0 to $74.0 million.
ARRIS Group Incorporated has agreed to acquire BigBand Networks Incorporated - symbol BBND - for a purchase price of $2.24 per share in cash, and finally The Jones Group Incorporated - symbol JNY - confirmed that it is in discussions with Delta Galil Industries regarding the potential sale of Jones’ Jeanswear division for an estimated aggregate amount between $350 and $400 million. Thanks for joining me and have a great week! For CRWE Newswire, Stocks In Action, I’m Sara Bryant.