Morning Market Movers

Array BioPharma ARRY shares climbed 20.20% to $4.70 after the company reported that it has regained full worldwide rights to Binimetinib. Enbridge ENB gained 17.50% to $56.26 on announcement of restructuring plan and dividend increase. Tilly's TLYS climbed 16.41% to $8.23 after the company reported better-than-expected third-quarter results. Hawaiian Electric Industries HE shares rose 15.40% to $32.53 after NextEra Energy NEE announced its plans to buy Hawaiian Electric in a transaction valued at approximately $4.3 billion. RCS Capital RCAP gained 15.40% to $11.24. American Realty Capital Properties ARCP reported that it has settled litigation against RCS Capital. Pacific Sunwear of California PSUN shares rose 10.46% to $1.88 after the company reported a narrower-than-expected third-quarter loss. Abengoa SA ABGB shares surged 6.44% to $12.73 after gaining 2.40% on Wednesday. Avago Technologies AVGO shares jumped 5.80% to $100.65 after the company reported better-than-expected quarterly results. Credit Suisse raised the price target on the stock from $105.00 to $125.00.