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Pinnacle Foods Remains ConAgra's Most Likely Takeover Target

Tesaro (NASDAQ: TSRO) surged 20.45% to $28.92 after the company reported successful primary and secondary endpoints in final Phase 3 trial for rolapitant.

Pinnacle Foods (NYSE: PF) climbed 16.68% to $35.53 after Hillshire Brands Co (NYSE: HSH) announced its plans to buy Pinnacle Foods for around $6.6 billion including debt.

Liquid Holdings Group (NASDAQ: LIQD) gained 18.10% to $3.49. Liquid Holdings is expected to release its Q1 financial results on May 13, 2014.

Gulf Resources (NASDAQ: GURE) climbed 15.73% to $2.06 after the company reported its Q1 net income of $4.3 million or $0.11 per share.

IsoRay (NYSE: ISR) shares jumped 15.22% to $2.65 after the company reported that the company's Liquid Cesium-131 has received final regulatory approval for use in GliaSite brain cancer treatment system.

Arotech (NASDAQ: ARTX) shares rose 12.79% to $3.44. B Riley upgraded Arotech from Neutral to Buy.

Gogo (NASDAQ: GOGO) shares jumped 7.96% to $12.88 after the company reported upbeat Q1 results.

Logitech International SA (NASDAQ: LOGI) jumped 6.95% to $13.39 after Credit Suisse upgraded the stock from Neutral to Outperform.

Twitter (NYSE: TWTR) shares surged 3.59% to $33.20 after SunTrust Robinson Humphrey upgraded the stock from Neutral to Buy.

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