Morning Market Movers

CBD Energy CBDE shares surged 38.82% to $3.29 after the company reported that it has secured a 64 megawatt, $112,000,000 solar project in Thailand. Bally Technologies BYI shares jumped 30.59% to $78.57 after the company agreed to be acquired by Scientific Games SGMS for $83.30 per share in cash. Tandem Diabetes Care TNDM rose 20.34% to $15.03 after the company reported better-than-expected Q2 earnings. Intervest Bancshares IBCA shares gained 16.85% to $9.32 after the company agreed to be acquired by Bank of the Ozarks OZRK in an all-stock transaction. Imperva IMPV climbed 15.99% to $25.71 on strong Q2 results and FY14 outlook. Scientific Games SGMS climbed 14.17% to $9.75 after the company announced its plans to buy Bally Technologies BYI in a $5.1 billion deal. LinkedIn LNKD rose 7.91% to $194.92 after the company reported upbeat second-quarter results and issued a strong outlook for the current quarter. SurModics SRDX gained 6.37% to $20.20 on better-than-expected FQ3 earnings. Expedia EXPE surged 4.51% to $83.00 after the company reported upbeat results for the second quarter. Analysts at Raymond James upgraded Expedia from Market Perform to Outperform.
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