Market Overview

Morning Market Gainers

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FXCM Inc. (NYSE: FXCM) shares surged 24.89% to $2.91. FXCM shares have dropped 85.60% over the past 52 weeks, while the S&P 500 index has gained 11.14% in the same period.

City National Corporation (NYSE: CYN) shares jumped 17.97% to $87.97 after the company agreed to sell itself to Royal Bank of Canada (NYSE: RY) for $5.4 billion, or $93.80 per share.

Minerva Neurosciences, Inc. (NASDAQ: NERV) rose 14.53% to $5.00 after the company reported positive Phase 1 data with MIN-202 for treatment of sleep disorders, including primary Comorbid Insomnia.

NetScout Systems, Inc. (NASDAQ: NTCT) shares surged 7.51% to $36.08 after the company reported better-than-expected earnings for the fiscal third quarter.

Logitech International SA (NASDAQ: LOGI) shares climbed 7.47% to $15.14 after the company reported higher third-quarter earnings and raised its profit forecast for fiscal 2015.

Southwest Airlines Co. (NYSE: LUV) rose 4.58% to $43.74 after the company reported upbeat fourth-quarter results.

BlackBerry Limited (NASDAQ: BBRY) shares gained 3.41% to $10.27 on renewed unconfirmed takeover chatter. This time the rumored buyer was Korea's LG Electronics, Inc.

eBay Inc.(NASDAQ: EBAY) shares surged 3.94% to $55.48 after the company reported upbeat fourth quarter earnings. During the first quarter, eBay plans to cut its workforce globally by approximately 2,400 positions across eBay Marketplaces, PayPal and eBay Enterprise. The company will also be exploring strategic options for eBay Enterprise, including a sale or IPO.

Union Pacific Corporation (NYSE: UNP) shares climbed 3.15% to $118.00 after the company reported stronger-than-expected earnings for the fourth quarter.

Covidien plc (NYSE: COV) shares gained 2.21% to $104.71 after the company reported upbeat earnings for the fiscal first quarter.

The Travelers Companies, Inc. (NYSE: TRV) shares rose 1.08% to $106.14 after the company reported stronger-than-expected fourth-quarter earnings.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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