Morning Market Movers

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PharmAthene
PIP
shares gained 46.38% to $1.84 after a Delaware court ordered SIGA Technologies to pay lump sum expectation damages to PharmAthene for lost profits relating to SIGA's smallpox antiviral. Chiquita Brands International
CQB
climbed 29.32% to $13.01 after the Cutrale Group and the Safra Group proposed to acquire Chiquita Brands for $13.00 per share in cash. Doral Financial
DRL
jumped 26.35% to $7.00 after the company and Puerto Rico Treasury Department entered into court-supervised negotiations to settle all claims by company related to lawsuit. Kinder Morgan Management LLC
KMR
shares gained 25.71% to $96.82. Kinder Morgan
KMI
, Kinder Morgan Energy Partners, L.P.
KMP
, Kinder Morgan Management and El Paso Pipeline Partners, L.P.
EPB
announced that KMI will acquire all of the outstanding equity securities of the three publicly-traded units. MannKind
MNKD
shares jumped 21.72% to $9.90 on Afrezza licensing deal. El Paso Pipeline Partners, L.P.
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EPB
shares rose 20.92% to $40.63. Kinder Morgan Energy Partners, L.P.
KMP
surged 18.52% to $95.22. Kinder Morgan
KMI
rose 15.09% to $41.57 after the company announced its plans to combine four publicly-traded companies in a deal valued at $70 billion. Kinder Morgan will also raise dividend by 16% to $2.00 per share in 2015. Achillion Pharmaceuticals
ACHN
climbed 7.38% to $7.90 after gaining 5.14% on Friday. Piper Jaffray upgraded Achillion Pharma from Neutral to Overweight and raised the price target from $5.00 to $10.00. Tata Motors
TTM
shares surged 5.83% to $40.47 after the company reported a strong rise in its net profit for the fiscal first quarter.
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