Morning Market Gainers

Envivio Inc ENVI shares jumped 113.16 percent to $4.05 after the company agreed to be acquired by Ericsson (ADR) ERIC for $4.10 per share in cash, or $125 million. Con-way Inc CNW shares surged 33.11 percent to $47.29 after the company agreed to be acquired by XPO Logistics Inc XPO for $47.60 per share, or $3 billion. Virco Mfg. Corporation VIRC shares rose 21.60 percent to $3.04. Virco Manufacturing reported Q2 earnings of $0.49 per share on revenue of $61.1 million. Orexigen Therapeutics, Inc. OREX gained 9.16 percent to $2.86 after the company reported that it has raised $60 million following common stock sale to Baupost. Apricus Biosciences Inc APRI surged 8.95 percent to $1.85 after the company reported that it has entered into a license agreement with Allergan PLC AGN for the U.S. rights to Vitaros. MediciNova, Inc. MNOV shares rose 7.21 percent to $3.30 after the company reported that it has received a Fast Track designation from the FDA for MN-001. Palo Alto Networks Inc PANW rose 4.29 percent to $172.25 after the company reported upbeat results for its fiscal fourth quarter and issued a strong outlook for the current quarter.