Morning Market Movers

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Skilled Healthcare Group
SKH
shares surged 28.46% to $7.90 after the company reported that it has agreed to combine with Genesis HealthCare in an all-stock transaction. GSI Technology
GSIT
shares jumped 22.06% to $ 6.03 after GigOptix
GIG
proposed to buy GSI Tech for $6.50 per share. China HGS Real Estate
HGSH
gained 14.45% to $3.96 after the company signed its first shanty area rebuilding project agreement. American Woodmark
AMWD
shares rose 13.63% to $35.60 on upbeat quarterly results. Aeropostale
ARO
climbed 10.49% to $3.58 after the company raised its Q2 guidance and announced a management change. Aeropostale announced that Julian Geiger would take over as CEO, replacing Thomas Johnson. Cheetah Mobile
CMCM
shares surged 10.07% to $29.61 on strong quarterly earnings. Dick's Sporting Goods
DKS
shares jumped 6.83% to $46.48 after the company reported upbeat fiscal-second quarter profit. MediciNova
MNOV
rose 6.06% to $2.10 after the company announced positive interim results of Phase 2a study of MN-166 in opioid dependence. The Home Depot
HD
climbed 4.22% to $87.12 after the company reported better-than-expected second-quarter earnings and lifted its 2014 earnings outlook. PDL BioPharma
PDLI
rose 3.76% to $9.67 after the company reported upbeat quarterly results.
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