Mid Day Market Movers

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Gainers:
Agile Therapeutics, Inc.
AGRX
- 35.56% - Shares had surged more than 40 percent to around $8 over the last month following the IPO. The price stalled at this level on both Thursday and Friday's session and is breaking out sharply today. Volume is extremely heavy: more than 1.4 million shares have already exchanged hands, compared to average daily volume of about 300k OHR Pharmaceutical, Inc.
OHRP
- 17.74% - The stock flirted with the $9.50 level throughout Friday's session and has broken above that level and the $10 level Monday. Shares charged through the $11 level, hitting a session high at $11.77. Integrys Energy Group, Inc.
TEG
- 11.98% - Wisconsin Energy
WED
agreed to buy Integrys for $9.1 billion. Under the deal approved by both boards, Wisconsin will be spending $5.7 billion of cash and stock. Including debt, the companies said the total value of the deal is $9.1 billion. Integrys shareholders will receive $18.58 in cash and 1.128 Wisconsin Energy shares per share of Integrys, totaling $71.47. This is 17.3 percent over Integrys' Friday closing price.
link to this article
PLX Technology
PLXT
- 9.01% - Avago Technologies Limited
AVGO
and PLX Technology announced have entered into a definitive agreement where Avago will acquire PLX in an all-cash transaction for about $309 million, or $293 million net of cash and debt acquired. Avago plans on pursuing a tender offer for all of the outstanding shares of PLX Technology's common stock for $6.50 per share in cash. Central Garden & Pet Company
CENT
- 7.78% -Harbinger Group
HRG
released a statement to Central Garden shareholders regarding its attempt to purchase the company for $750 million in cash at a price of $10.00 in cash per share.
link to article”Laggers:
Parkervision Inc.
PRKR
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- 60.47% - ParkerVision investors were depending on a positive outcome in a lawsuit against Qualcomm
QCOM
. All motions were denied as a matter of “moot” except for a retrial on the basis of non infringement.
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Meritor, Inc.
MTOR
- 13.02% - The company reached a $500 million settlement with Eaton
ETN
related to an anti-trust suit filed in 2006. The company's board also authorized a repurchase of up to $210 million.
link to this article
Agios Pharmaceuticals, Inc.
AGIO
- 12.08% - Biotech cancer drug companies are lagging inter day due to secular changes. Merus Labs International Inc.
MSLI
- 9.65% - shares rallied more than 50 percent since news the offering size would be raised by 3M shares on Jun. 12th. Traders appear to be taking some profits Monday following a nearly 22 percent move higher on Friday Altisource Residential Corporation
RESI
- 6.91% Private equity firm Lone Star Funds placed a bid for $3.9 billion to obtain loans from the Department of Housing and Urban Development.
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