Morning Market Movers

ITT Educational Services ESI shares jumped 65.53% to $9.22 as the company reported an 8.1% drop in preliminary Q2 new enrollments and a 9.5% fall in preliminary Q3 new enrollments. The company had earlier expected Q2 new enrollments to fall 10% to 15%. Westmoreland Coal Co WLB shares rose 20.67% to $36.99 after the company announced its plans to acquire Oxford GP for $30 million. IBio IBIO shares gained 16.93% to $2.21 trading after surging 35.97% on Thursday. Heritage-Crystal Clean HCCI jumped 16.11% to $16.90. Heritage-Crystal Clean reported Q3 earnings of $0.13 per share on revenue of $77.90 million. The company reported that it has acquired FCC Environmental for $90 million. SunEdison SUNE gained 14.71% to $17.86. SunEdison is in talks to purchase poly silicon plant in China, according to Bloomberg. Cowen & Company upgraded Sunedison from Market Perform to Outperform and raised the price target from $20.00 to $24.00. Fabrinet FN climbed 12.79% to $16.75 after the company issued a strong Q1 forecast. B. Riley upgraded Fabrinet from Neutral to Buy and lowered the price target from $21.00 to $20.00. Sarepta Therapeutics SRPT shares surged 9.36% to $24.39 after the company announced the publication of Ebola and Marburg Phase I clinical study results in antimicrobial agents and chemotherapy. Morgan Stanley MS rose 3.57% to $33.69 after the company reported upbeat results for the third quarter. General Electric Company GE gained 3.14% to $25.01 after the company after the company reported better-than-expected third-quarter earnings. Honeywell International HON surged 3.13% to $89.09 after the company reported upbeat earnings for the third quarter and lifted the low end of its 2014 earnings forecast.
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