Market Overview

Morning Market Movers

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LSB Financial (NASDAQ: LSBI) rose 41.31% to $39.99 after the company agreed to be acquired by Old National Bancorp (NYSE: ONB) for $41.67 per share in cash and stock.

DragonWave (NASDAQ: DRWI) shares gained 35.02% to $1.65 after the company lifted its Q1 revenue outlook.

NQ Mobile (NYSE: NQ) jumped 33.94% to $10.22 following the release of Special Committee report.

TF Financial (NASDAQ: THRD) climbed 32% to $42.03 after National Penn Bancshares (NASDAQ: NPBC) announced its plans to acquire TF Financial in a cash and stock deal.

Protective Life (NYSE: PL) gained 17.97% to $69.27 after Dai-ichi Life (OTC: DCNSF) agreed to buy Protective Life for $70 per share.

SunPower (NASDAQ: SPWR) jumped 5.06% to $33.63 after the company reported that it has been selected by NV Energy to build a 19-megawatt solar power system in Nevada.

Posted-In: market moversNews Intraday Update Markets Movers


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