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Morning Market Movers

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Related MW
Mid-Afternoon Market Update: American Superconductor Gains On Strong Q3 Outlook; First Solar Shares Drop
Men's Wearhouse Back At 2009 Levels After Q3 Report
Related JOSB
2 Stocks Jefferies Just Downgraded; Should You Be Concerned?
Men's Wearhouse CEO Explains The Company's Plan For Joseph Abboud And Jos. A. Bank

The Men's Wearhouse (NYSE: MW) jumped 24.65% to $43.93 after Jos. A. Bank Clothiers (NASDAQ: JOSB) offered to acquire Men's Wearhouse for around $2.3 billion. However, Men's Wearhouse decided to reject the offer.

Ceres (NASDAQ: CERE) shares jumped 17.85% to $1.65. Ceres's trailing-twelve-month revenue is $5.51 million.

Uranium Resources (NASDAQ: URRE) moved up 15.88% to $2.6190. Uranium Resources shares have dropped 49.78% over the past 52 weeks, while the S&P 500 index has gained 15.56% in the same period.

Callidus Software (NASDAQ: CALD) rose 14.19% to $9.82 after the company lifted its Q3 and FY13 revenue outlook.

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