Market Overview

Morning Market Gainers

Share:

Orient Paper Inc (NYSE: ONP) shares jumped 42.57 percent to $2.11 after the company reported preliminary Q2 earnings of $0.28 per share on revenue of $41.3 million.

IPC Healthcare Inc (NASDAQ: IPCM) shares surged 35.25 percent to $79.07 after Team Health Holdings LLC (NYSE: TMH) announced its plans to buy IPC Healthcare in a $1.6 billion deal.

Codexis, Inc. (NASDAQ: CDXS) shares gained 24.07 percent to $3.98 after the company reported the signing of a CodeEvolver platform technology license agreement with Merck & Co., Inc. (NYSE: MRK).

Lendingtree Inc (NASDAQ: TREE) shares rose 20.35 percent to $99.40 after the company reported better-than-expected Q2 results and raised its full-year forecast.

eLong, Inc. (ADR) (NASDAQ: LONG) shares jumped 18.14 percent to $16.80 as the company announced the receipt of a preliminary non-binding "going private" proposal of $18.00 per ADS. eLong reported a Q2 loss of $1.58 per share on revenue of $35.2 million.

Baxalta Inc (NYSE: BXLT) shares gained 13.39 percent to $37.59 following the announcement of a $30 billion all-stock bid from Shire PLC (ADR) (NASDAQ: SHPG).

Rudolph Technologies Inc (NYSE: RTEC) shares climbed 12.14 percent to $12.29 on better-than-expected Q2 results.

Coach Inc (NYSE: COH) shares rose 6.34 percent to $32.36 after the company reported stronger-than-expected results for its fiscal fourth quarter.

Regeneron Pharmaceuticals Inc (NASDAQ: REGN) rose 5.81 percent to $586.46 after the company reported upbeat results for the second quarter and raised its FY15 EYLEA sales forecast.

Linn Energy LLC (NASDAQ: LINE) shares gained 3.26 percent to $3.39 after dropping 18.81 percent on Monday.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

Related Articles (CDXS + BXLT)

View Comments and Join the Discussion!

Envision Healthcare's Bottom Line Will Grow 18% Next Year, So Buy: Cantor

Benzinga's Top Initiations