Morning Market Movers

Wave Systems WAVX rose 24.75% to $1.26 after the company and Micron Technology announced their collaboration to secure connected devices against emerging threats. FX Energy FXEN rose 20.53% to $3.91 after the company reported that the Tuchola-4K well reached its primary objective, the lower Zechstein Ca1 formation at 2,740 meters, 60 meters high to previous year's Tuchola-3K well. Highpower International HPJ shares gained 15.20% to $4.85. Highpower has become a supplier to SONY SNE and has begun shipping products. Versartis VSAR surged 9.93% to $27.00. Citigroup initiated coverage on Versartis with a Buy rating and a $60.00 price target. FedFirst Financial FFCO shares surged 9.42% to $21.95 after the company and CB Financial Services agreed to merge in a cash and stock deal valued at $54.4 million. Halozyme Therapeutics HALO shares climbed 6.12% to $7.63. Citigroup initiated coverage on Halozyme Therapeuticswith a Buy rating and a $12.00 price target. Organovo Holdings ONVO shares gained 6.08% to $6.63 following response to 'Misleading, Inaccurate' reports. Charles Schwab SCHW rose 3.24% to $26.12 after the company reported a 58% gain in its first-quarter profit. Charles Schwab's quarterly profit surged to $326 million, or $0.24 per share, versus a year-ago profit of $206 million, or $0.15 per share. Zebra Technologies ZBRA rose 2.27% to $69.83 after the company announced its plans to buy Motorola's enterprise business from Motorola Solutions MSI for $3.45 billion. Zebra Tech also issued upbeat Q1 earnings forecast. Pacific Continental PCBK climbed 2.11% to $13.58 after dropping 1.55% on Monday. Pacific Continental is expected to report its Q1 earnings on April 17, 2014. Morgan Stanley MS jumped 1.65% to $29.54. Bank of America upgraded Morgan Stanley from Neutral to Buy. Potash Corp. of Saskatchewan POT rose 1.36% to $34.35 on Globe and Mail report of potential bid from BHP Billiton BHP. Yahoo! YHOO jumped 1.15% to $33.83 ahead of quarterly earnings after the closing bell. Yahoo! is estimated to post its Q1 earnings at $0.37 per share on revenue of $1.08 billion. Macquarie upgrades Yahoo! from Neutral to Outperform.