DEP surges, C clicks, HSFT softens

Posted on Wednesday, February 23rd, 2011

Duncan Energy Partners LP (NYSE: DEP) shares climbed 23.4% to $40.17 on share volume of 655,000, more than eight times its average, after Enterprise Products Partners LP (NYSE: EPD) said Wednesday that it offered to buy its smaller rival for more than $2.4 billion.

Citigroup Inc. (NYSE: C) traded in 212.4 million shares, catching up on a full-day average of 544.2 million shares. Share prices dipped 0.6% to $4.66.

HiSoft Technology International Limited (Nasdaq: HSFT) shares capsized 23.3% to $24.09, on share volume of 729,000, or nearly triple its daily average, after it announced that it will provide a bad debt provision of $3.5 million, or approximately $0.15 to $0.16 U.S. per ADS, for 2010

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