Russell going strong

The Russell 2000 small-cap index is up strongly this afternoon, as stocks extend their rally. At 3:13 p.m. ET the Russell 2000 was up 9.82 points, or 1.18%, to 843.52. The Dow Jones Industrial Average had added 108.93 points, or 0.81%, to 13,517.55.

Shares of North Pittsburgh Systems, Inc. (Nasdaq: NPSI) are rising, up $2.92, or 14%, to $24.17, following news the holding company of a number of telephone public utilities is being bought by Consolidated Communications Holdings Inc. (Nasdaq: CNSL) for $375.10 million.

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