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Morning Market Movers

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SinoCoking Coal and Coke Chemical Industries (NASDAQ: SCOK) shares jumped 43.66% to $3.38 as aboveground syngas facility commenced operations.

NewLink Genetics (NASDAQ: NLNK) shares climbed 18.91% to $34.90 after the company announced an exclusive worldwide licensing agreement for development of NLG919 and research collaboration for the discovery of next generation IDO/TDO inhibitors.

ShoreTel (NASDAQ: SHOR) shares rose 16.74% to $7.60 after Mitel Networks (NASDAQ: MITL) proposed to acquire ShoreTel for $8.10 per share in cash.

Apricus Biosciences (NASDAQ: APRI) gained 12.20% to $1.84 after the company reported that it has licensed US rights for Fispemifene, a Phase 2b ready asset, from Forendo Pharma for an upfront license fee of $12.5 million.

Cleco (NYSE: CNL) climbed 9.99% to $53.09 after the company agreed to be acquired by North American Investor Group led by Macquarie Infrastructure for $55.37 per share in cash.

Gannett Co (NYSE: GCI) shares rose 4.51% to $28.94 after the company reported better-than-expected profit for the third quarter.

Peabody Energy (NYSE: BTU) gained 4.08% to $11.48 after the company posted a narrower-than-expected loss for the third quarter.

Hasbro (NASDAQ: HAS) shares surged 2.53% to $55.22 after the company reported better-than-expected earnings for the third quarter.

Halliburton Company (NYSE: HAL) rose 1.16% to $53.21 after the company reported upbeat results for the third quarter and raised its quarterly dividend by 20%.

Posted-In: market moversNews Intraday Update Markets Movers


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