Market Overview

Morning Market Movers

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Duke Energy (NYSE: DUK) shares advanced 196.82% to $69.10 at 9:45 am. Duke Energy confirmed the closing of its previously announced merger with Progress Energy (NYSE: PGN).

Verso Paper (NYSE: VRS) climbed 60.68% to $1.88. Verso Paper announced today that it has held discussions with certain holders of first-lien senior secured notes of NewPage Corporation in an effort to achieve a potential business combination.

Central Federal (NASDAQ: CFBK) surged 42.94% to $2.23. Central Federal shares have dropped 61.00% over the past 52 weeks, while the S&P 500 index has gained 2.07% in the same period.

MediciNova (NASDAQ: MNOV) surged 36.55% to $2.24. MediciNova announced scheduling of End-of-Phase 2 meeting with the United States Food and Drug Administration (FDA) for MN-221 for the treatment of acute exacerbations of asthma.

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