Market Overview

Morning Market Movers

Global Industries Ltd (NASDAQ: GLBL) surged 51.36% to $7.80 at 9:45 am. Technip announced its plans to buy Global Industries for $937 million.

NetLogic Microsystems Inc (NASDAQ: NETL) shares surged 50.20% to $47.93. Broadcom Corp (NASDAQ: BRCM) agreed to acquire NetLogic for $3.7 billion, or $50 per share.

IsoRay Inc (AMEX: ISR) climbed 21.82% to $1.34. The FDA cleared IsoRay's GliaSite® radiation therapy system.

M&F Worldwide Corporation (NYSE: MFW) shares advanced 19.05% to $24.25. MFW and MacAndrews & Forbes Holdings Inc have entered into a definitive merger agreement.

Posted-In: News Intraday Update Markets Movers

 

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