Morning Market Movers
Winn-Dixie Stores Inc (NASDAQ: WINN) shares surged 70.81% to $9.27 at 9:45 am. Bi-Lo LLC announced its plans to buy Winn-Dixie for $560 million.
K-V Pharmaceutical Company (NYSE: KV-B) climbed 21.87% to $1.56. K-V Pharmaceutical shares have dipped 50.77% over the past 52 weeks, while the S&P 500 index has dropped 2.20% in the same period.
Bioanalytical Systems Inc (NASDAQ: BASI) shares advanced 17.56% to $1.54. BASI is scheduled to report its Q4 results on December 20.
Atlantic Coast Federal Corporation (NASDAQ: ACFC) surged 17.50% to $1.88. ACFC had $15.32 million in total cash for the recent quarter.
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