Market Overview

Morning Market Movers


Marshall Edwards Inc (NASDAQ: MSHL) shares surged 38.68% to $1.47 at 9:45 am. MSHL reported that the US Patent and Trademark Office has issued a new patent for compositions of lead oncology drug candidates.

Canadian Solar Inc (NASDAQ: CSIQ) climbed 37.10% to $3.03. TransCanada Corp (NYSE: RIG) announced its plans to buy solar power projects in Ontario from a unit of Canadian Solar for $470 million.

Cobalt International Energy Inc (NYSE: CIE) shares advanced 23.47% to $12.47. CIE reported that Sonangol and Cobalt executives signed the Production Sharing Contract for Block 20 offshore Angola at an official signing ceremony today in Luanda.

Progenics Pharmaceuticals Inc (NASDAQ: PGNX) surged 23.30% to $7.99. Salix Pharmaceuticals Ltd (NASDAQ: SLXP) and PGNX announced positive highly statistically significant results of phase 3 oral methylnaltrexone trial.

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