Morning Market Movers
Willbros Group Inc (NYSE: 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 (NYSE: AVP) climbed 19.99% to $23.23. Coty Inc offered to acquire Avon Products for $10 billion.
Vringo Inc (AMEX: VRNG) surged 19.39% to $1.97. VRNG had $1.71 million in total cash for the latest quarter.
Winner Medical Group Inc (NASDAQ: 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.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.