Midday Gainers

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SinoCoking Coal and Coke Chem Ind. Inc. SCOK +68% - On Monday, the company announced that its carbon dioxide conversion facility has begun operations on October 18.

ITT Educational Services ESI +20% - Momentum from last weeks preliminary results appears to be continuing into Monday’s trade; In addition, Bank of America analysts raised the price target to $8.00 and reiterated the Underperform rating.

ShoreTel Inc. SHOR +19% - On Monday, Mitel Corp. MITL disclosed that it has made a proposal to acquire all the outstanding shares of ShorTel Common Stock for $8.10 per share.

Newlink Genetics Corp. NLNK +17% - On Monday, the company reported that they have entered into an exclusive worldwide license agreement with Genentech, to which Newlink received a $150 million payment upfront.

Sears Holdings Corp. SHLD +16% - Sears announced today that it has entered into lease agreements with Primark, a leading fashion retailer in Europe, for seven standalone stores.

Cleco Corporation CNL +11% - On Monday, the company announced it has agreed to be purchased for approximately $4.7 billion, or $55.37 per share.

Posted In: Movers
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