Morning Market Movers
BioFuel Energy (NASDAQ: BIOF) jumped 38.01% to $7.97 after the company announced its plans to acquire JBGL from Greenlight Capital for $275 million.
Synaptics (NASDAQ: SYNA) shares surged 18.76% to $79.00 after the company announced its plans to acquire display-chip company Renesas SP Drivers. The company also lifted its Q4 revenue forecast.
ULTA Salon, Cosmetics & Fragrance (NASDAQ: ULTA) rose 12.79% to $96.22 after the company reported stronger-than-expected first-quarter results.
Oculus Innovative Sciences (NASDAQ: OCLS) shares surged 10.13% to $3.48. Oculus Innovative Sciences is expected to report its FQ4 financial results on June 12, 2014.
Montage Technology Group (NASDAQ: MONT) shares rose 9.96% to $21.75 after the company agreed to be acquired by Shanghai Pudong Science and Technology Investment Co for US$22.60 per share.
BSD Medical (NASDAQ: BSDM) rose 9.35% to $1.17 after the company announced the initiation of clinical study with Micro ThermX.
Northwest Biotherapeutics (NASDAQ: NWBO) shares gained 6.82% to $6.12 after the company reported positive outcome of Phase IIIb COMPASS Trial.
Rambus (NASDAQ: RMBS) climbed 4.90% to $12.97 after the company raised its Q2 sales forecast. Qualcomm (NASDAQ: QCOM) will be integrating the CryptoManager Security Engine into its chips, according to Rambus.
Prospect Capital (NASDAQ: PSEC) shares rose 4.23% to $10.24 after the company announced no restatement of historical financial statements.
H&R Block (NYSE: HRB) gained 3.35% to $31.76 after the company reported upbeat fiscal fourth-quarter earnings. H&R Block's quarterly net income rose to $929.1 million, or $3.36 per share, versus a year-ago profit of $688.9 million or $2.51 per share.
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