Morning Market Movers

Belo

rose 27.40% to $13.67 on Gannett buyout. Gannett Co

moved up 25.59% to $24.93 after the company announced its plans to acquire Belo

for $1.5 billion in cash. Orchard Supply Hardware Stores

climbed 22.58% to $2.66. Orchard Supply Hardware Stores shares have dropped 86.10% over the past 52 weeks, while the S&P 500 index has gained 22.64% in the same period. Safeway

jumped 15.62% to $26.72 after the company announced its plans to sell its Canadian operations to Sobeys for $5.7 billion.