Credence Shares Jump 20%
Shares of Credence Systems (Nasdaq: CMOS) jumped 45 cents, nearly 20 percent, to $2.72 this morning, moving on volume of 4.5 million. The news of the appointment of a new senior vice president, paired with upcoming third-quarter results, seems to be prompting share activity. This morning the test solutions provider announced that Amir Aghdaei will serve as senior VP of field operations and marketing to guide the company through its global field operations and marketing groups in collaboration with the company's focus on increasing its presence in areas such as Japan and Taiwan. In a statement, Credence CEO Lavi Lev…