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shares climbed 32.83% to $50.53 after the company agreed to acquire Onemain Financial from
Citigroup Inc C for $4.25 billion in cash.
McDermott International Inc. MDR shares gained 25.29% to $3.27 after the company posted better than expected fourth quarter earnings results.
DURECT CorporationDRRX shares surged 23.74% to $1.27. Durect reported a Q4 loss of $0.05 per share on revenue of $4.27 million. Cantor Fitzgerald upgraded Durect from Hold to Buy and raised the price target from $1.00 to $2.00.
Oncolytics Biotech Inc. ONCY rose 23.36% to $1.32 after the company reported that it has received the FDA Orphan Drug Designation for pancreatic cancer for REOLYSIN for the treatment of primary peritoneal cancers.
Alliance Bancorp Inc of Pennsylvania ALLB gained 22.16% to $21.39 after the company agreed to be acquired by
WSFS Financial in a $92 million transaction.
Nutrisystem, Inc.NTRILoading...
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shares jumped 16.01% to $19.90 after the company reported better-than-expected Q4 earnings.
Jiayuan.com International Ltd. DATE shares gained 9.27% to $5.07 after the company announced the receipt of "going private" proposal of $5.37 per ADR and departure of director.
Tower Semiconductor Ltd. TSEM shares surged 6.25% to $17.84. TowerJazz reported that it has begun mass production of advanced IR sensor for Intel 3D sensing solutions.
INSYS Therapeutics, Inc. INSY shares rose 4.10% to $58.17. Insys reported Q4 adjusted earnings of $0.53 per share.
Ocwen Financial Corp. OCN shares climbed 3.66% to $8.85 after the company agreed to sell mortgage servicing rights on $45 billion of performing Agency loans, and obtained replacement financing on a $450 million servicing advance facility.
Best Buy Co., Inc.BBY shares gained 1.32% to $39.14 after the company reported better-than-expected earnings for the fourth quarter. The company announced its plans to pay a special dividend of $0.51 per share and increase its regular quarterly dividend by 21% to $0.23 per share.
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