Morning Market Movers

Marshall Edwards Inc MSHL shares surged 38.68% to $1.47 at 9:45 am. MSHL reported that the US Patent and Trademark Office has issued a new patent for compositions of lead oncology drug candidates. Canadian Solar Inc CSIQ climbed 37.10% to $3.03. TransCanada Corp RIG announced its plans to buy solar power projects in Ontario from a unit of Canadian Solar for $470 million. Cobalt International Energy Inc CIE shares advanced 23.47% to $12.47. CIE reported that Sonangol and Cobalt executives signed the Production Sharing Contract for Block 20 offshore Angola at an official signing ceremony today in Luanda. Progenics Pharmaceuticals Inc PGNX surged 23.30% to $7.99. Salix Pharmaceuticals Ltd SLXP and PGNX announced positive highly statistically significant results of phase 3 oral methylnaltrexone trial.