Morning Market Movers

Digital Power DPW shares surged 31.99% to $1.65 after the company announced a $2 million defense order. Galmed Pharmaceuticals GLMD gained 29.62% to $9.89. On Friday, Galmed Pharma reported a first-half net loss of $3.9 million, versus a year-ago net loss of $1.6 million. Family Dollar Stores FDO shares climbed 22.82% to $74.50 after Dollar Tree DLTR announced its plans to buy Family Dollar for $8.5 billion. xG Technology XGTI shares jumped 21.97% to $2.72 following the announcement of award of subcontract by CACI International CACI. TGC Industries TGE rose 18.28% to $5.50 after the company reported a Q2 loss of $0.18 per share on revenue of $18.20 million. Trulia TRLA gained 12.42% to $63.35 after Zillow Z announced its plans to buy Trulia for $3.5 billion in stock. El Pollo Loco Holdings LOCO shares surged 11.44% to $26.78 after jumping 60.20% on Friday. Dollar Tree DLTR rose 9.22% to $59.22 on acquisition news. Tyson Foods TSN gained 4% to $41.12 after the company reported upbeat third-quarter revenue and announced its plans to sell its Mexican and Brazilian chicken businesses for $575 million. The company reported weaker-than-expected quarterly net income and announced an offering of 24 million Class A shares.
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