Morning Market Movers

Medical Action Industries MDCI surged 93.92% to $13.71 after Owens & Minor OMI announced its plans to buy Medical Action Industries for $13.80 per share in cash. Aerie Pharmaceuticals AERI climbed 33.90% to $28.16 following the announcement that Roclatan phase 2b results have met all clinical endpoints. Sequential Brands Group SQBG gained 19.64% to $13.95 after the company announced its plans to buy Galaxy Brand Holdings for about $260.3 million. Nanosphere NSPH surged 14.08% to $1.62 after the company reported that it has received the FDA 510(k) clearance for bacterial part of Verigene(R) Test. Hanesbrands HBI soared 9.31% to $96.78 after the company announced its plans to buy France's DBApparel. Barnes & Noble BKS shares jumped 6.61% to $21.92 after the company reported a narrower fourth-quarter loss and announced its plans to split its retail and Nook Media businesses. Atossa Genetics ATOS gained 5.88% to $1.62 after the company received quality registration certificates ISO 13485:2003; EN ISO 13485:2012 and AC:2012 (Canadian); and ISO 9001:2008. Monsanto Company MON gained 4.93% to $126.58 after the company reported upbeat fiscal third-quarter profit and lifted its full-year forecast. The company also announced a $10 billion share buyback program. INSYS Therapeutics INSY rose 3.52% to $30.03 after the company confirmed receiving orphan drug designation for its pharmaceutical cannabidiol for epilepsy.