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Morning Market Gainers

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Athersys, Inc. (NASDAQ: ATHX) gained 20.33% to $3.12. Athersys and Chugai Pharmaceutical Co., Ltd. announced a partnership and license agreement to develop and commercialize MultiStem(R) cell therapy for ischemic stroke in Japan.

Mavenir Systems, Inc. (NYSE: MVNR) shares surged 18.94% to $17.33 after the company agreed to be acquired by Mitel (NASDAQ: MITL) for $560 million in a cash and stock deal.

Ohr Pharmaceutical, Inc. (NASDAQ: OHRP) shares gained 15.47% to $8.88 after the company reported added positive anatomic data from OHR-102 IMPACT study.

TCP International Holdings Ltd. (NASDAQ: TCPI) shares rose 14.96% to $3.15 after the company issued a statement on a recent litigation.

NXP Semiconductors NV(NASDAQ: NXPI) shares jumped 13.32% to $96.20 after the company agreed to buy Freescale Semiconductor for $11.8 billion.

TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) shares surged 10.80% to $14.88 after the company reported positive Phase 1b results for TRC105 in combination with Inlyta.

Freescale Semiconductor, Ltd. (NYSE: FSL) shares rose 8.70% to $39.25 after NXP Semiconductors NV agreed to buy Freescale Semiconductor for $11.8 billion.

American Realty Capital Properties, Inc. (NASDAQ: ARCP) shares climbed 4.74% to $10.28. American Realty Capital Properties has restated financial reports for FY2013 and first two quarters of 2014. It also reported Q3 adjusted FFO of $0.26 per share.

Stratasys Ltd. (NASDAQ: SSYS) shares rose 4.09% to $64.60. Stratasys reported Q4 earnings of $0.48 per share on revenue of $217 million.

XOMA Corporation (NASDAQ: XOMA) shares rose 2.03% to $3.77. XOMA is expected to announce Q4 financial results on March 11.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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