Market Overview

Morning Market Movers

Parkvale Financial Corporation (NASDAQ: PVSA) shares surged 79.55% to $19.75 at 9:45 am. F.N.B. Corporation (NYSE: FNB) announced its plans to acquire Parkvale Financial for $22.48 per share, or $130 million.

NeurogesX Inc (NASDAQ: NGSX) jumped 47.37% to $3.92. NGSX reported the completion of patient enrollment in its Phase 2 clinical study of NGX-1998, a topical liquid formulation of high-concentration capsaicin.

MediaMind Technologies Inc (NASDAQ: MDMD) shares gained 37.45% to $21.91. DG FastChannel Inc (NASDAQ: DGIT) announced its plans to acquire MDMD for around $418 million in an all-cash deal.

WPCS International Incorporated (NASDAQ: WPCS) climbed 30.04% to $2.90. Multiband Corp (NASDAQ: MBND) signed a letter of intent to acquire WPCS, offering $3.20 per share in cash.

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