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Morning Market Movers

Clovis Oncology (NASDAQ: CLVS) shares advanced 77.72% to $65.01 on encouraging' results from ongoing Phase I/II study in EGFR-mutant non-small cell lung cancer.

Boston Private Financial Holdings (NASDAQ: BPFHW) surged 31.58% to $5.00. Boston Private Financial shares have jumped 27.52% over the past 52 weeks, while the S&P 500 index has gained 27.58% in the same period.

American Safety Insurance Holdings (NYSE: ASI) climbed 20.58% to $28.89 after Fairfax Financial announced its plans to buy the company for $29.25 per share in cash.

Peregrine Pharmaceuticals (NASDAQ: PPHM) surged 15.65% to $1.9025. Peregrine's trailing-twelve-month revenue is $19.49 million.

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