Market Overview

Morning Market Movers

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Alliance Financial (NASDAQ: ALNC) shares advanced 15.63% to $45.57 at 9:45 am. NBT Bancorp (NASDAQ: NBTB) announced its plans to acquire Alliance Financial for $48 per share.

National Bank of Greece SA (NYSE: NBG) surged 13.13% to $2.8282. National Bank of Greece proposed merger with Eurobank.

CarMax (NYSE: KMX) climbed 11.02% to $32.41. CarMax's trailing-twelve-month revenue is $10.55 billion.

Vringo (AMEX: VRNG) surged 11.01% to $5.04. Vringo's wholly-owned subsidiary, Vringo Infrastructure, has filed a patent infringement lawsuit against the UK subsidiary of ZTE Corp (OTC: ZTCOY).

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