Morning Market Movers

MER Telemanagement Solutions MTSL jumped 70.11% to $3.13 after the company reported that it has entered into a three year agreement with SBC Communications. Novogen NVGN rose 65.89% to $6.37. Novogen shares have jumped 520.53% over the past 52 weeks, while the S&P 500 index has gained 17.54% in the same period. Mac-Gray TUC shares jumped 40.64% to $21.00 after CSC ServiceWorks announced its plans to acquire Mac-Gray for $21.25 per share. VisionChina Media VISN moved up 18.05% to $10.97. VisionChina Media's trailing-twelve-month revenue is $103.05 million.