Big Winners:

Banta Corporation's (BN) surging stock price is certainly painting quite the rosy picture for its shareholders. The supplier of printer and supply chain management services saw its share price move from $34.85 to $45.69 (or 31.1%) this week over news that product packaging manufacturer Cenveo (CVO) tendered an offer to acquire the company for $46.00 a share. However, according to a press release issued by Cenveo, Banta's board of directors have rejected the offer and stated that the company is not for sale, but it appears that Cenveo may be still interested in pursuing a acquisition on Banta. Another benefit incurred by all of this is that Banta received an upgraded rating (from underperform to neutral) and its target price was also increased from $40 to $46 by analysts at Robert W Baird.

Saxon Capital Inc. (SAX) saw its share price moved from $11.07 to $13.87 (or 25.3%) this week. The move can be attributed to US investment bank, Morgan Stanley (MS), announcing its decision to acquire the residential mortgage lender and servicer in an effort to boost its presence in the residential mortgage business. After accounting for shareholder approval and other regulatory related procedures, the deal is expected to be finalized at the end of this year. Morgan Stanley will acquire Saxon Capital at a price of $14.10 per share.

Big Losers:

Shareholders for IMAX Corporation (IMAX) don't appear to be receiving the Hollywood-style ending that they were hoping for this week, as shares of the entertainment company have fallen 40.9%. IMAX, which is known for its specialized large screens and 3D films, saw its share drop from $10.23 to $6.05 over its current failure to find a suitable buyer. Since March, IMAX has publicly announced that it is looking to be acquired, but now reports that none of its potential buyers are making offers on par with what the board of directors was expecting. The second piece of bad news plaguing IMAX concerns how the US Securities and Exchange Commission and the Canada's Ontario Securities Commission are currently involved in inquiries concerning IMAX's revenue recognition. (ECLG) is receiving nothing but failing grades from the market, as its share price dropped from $20.66 to $11.37 (or 45%) over news that third quarter guidance is expected to be far below analyst expectations. While its second quarter financial figures were in line with analysts' expectations, the producer of educational related software disclosed that it expects earnings for the third quarter to be $0.12 to $0.13 per share, which is far lower than analyst estimates of $0.21 per share. Furthermore, also believes that lowered marketing budgets will have an impact upon revenues for this year's two remaining quarters.