Morning Market Movers

Willbros Group Inc WG shares advanced 21.91% to $3.95 at 9:45 am. Willbros projects a Q4 operating loss of $46.0 million on revenue of $404.9 million. Avon Products Inc AVP climbed 19.99% to $23.23. Coty Inc offered to acquire Avon Products for $10 billion. Vringo Inc VRNG surged 19.39% to $1.97. VRNG had $1.71 million in total cash for the latest quarter. Winner Medical Group Inc WWIN surged 19.11% to $4.05. WWIN's board of directors received a preliminary, non-binding proposal from its chairman and CEO, Mr. Jianquan Li to acquire all of the outstanding shares of the Company's common stock for $4.30 per share in cash.