Morning Market Gainers

HCC Insurance Holdings, Inc. HCC shares surged 35.76 percent to $76.99 following announcement of the deal to be acquired by Tokio Marine for $78 per share in cash. Lightinthebox Holding Co Ltd-ADR LITB jumped 20.62 percent to $6.20. Zhejiang Aokang Shoes will invest $77.3 million in Lightinthebox for a 25.7 percent stake. OncoGenex Pharmaceuticals Inc OGXI shares rose 14.23 percent to $2.97 after the company reported that the FDA has agreed with OncoGenex' Phase 3 AFFINITY protocol amendment. Universal Truckload Services, Inc. UACL shares surged 9.88 percent to $22.35 after the company reported the commencement of a modified "Dutch auction" tender offer to purchase up to 1 million shares of its common stock. Ballard Power Systems Inc. (USA) BLDP shares gained 8.81 percent to $2.47 after the company reported that it has signed a framework agreement for fuel cell module development to power trams in China. Sigma Designs Inc SIGM jumped 8.50 percent to $9.70 after the company reported stronger-than-expected results for its first quarter. WisdomTree Investments, Inc. WETF gained 5.80 percent to $22.88 following news that the company's stock will replace Qorvo in the S&P MidCap 400 Index. Cypress Semiconductor Corporation CY shares jumped 5.56 percent to $13.30. Integrated Silicon Solution, Inc. ISSI has agreed to terms of merger with Cypress Semiconductor. Randgold Resources Ltd. (ADR) GOLD shares gained 2.78 percent to $72.54. Gold futures rose 0.81 percent to trade at $1,187.10 an ounce. Oxford Industries Inc OXM shares rose 1.84 percent to $81.01 after the company reported stronger-than-expected results for the first quarter.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsIntraday UpdateMarketsMoversMarket GainersTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!