Morning Market Movers

Zoom Technologies Inc (NASDAQ: ZOOM) climbed 33.70% to $2.46 at 10:10 am. ZOOM signed a definitive agreement to buy a 55% share of Portables Unlimited LLC.

Clean Diesel Technologies Inc (NASDAQ: CDTI) shares gained 17.73% to $4.25. CDTI issued upbeat Q3 revenue projections.

Clearwire Corporation (NASDAQ: CLWR) shares surged 16.92% to $1.52. CLWR projects strong rise in its Q3 revenue.

Merriman Holdings Inc (NASDAQ: MERR) jumped 13.51% to $1.26. MERR shares have dropped 57.79% over the past 52 weeks, while the S&P 500 index has gained 2.47% in the same period.