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Morning Market Gainers

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NQ Mobile Inc (ADR) (NYSE: NQ) shares jumped 40.46 percent to $4.27 following earnings beat, and announcement of agreements to sell NationSky and FL Mobile.

McDermott International (NYSE: MDR) shares gained 19.36 percent to $4.13 after the company reported that it has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia.

Burlington Stores Inc (NYSE: BURL) shares climbed 15.36 percent to $55.04 after the company reported upbeat results for the second quarter and lifted its full-year earnings forecast.

LookSmart, Ltd. (NASDAQ: LOOK) shares gained 14.86 percent to $1.16. Newtek Technology Services has entered into 39-month contract with LookSmart.

Greatbatch Inc (NYSE: GB) shares rose 14.03 percent to $56.89 after the company announced its plans to acquire Lake Region Medical for $1.73 billion.

LinnCo LLC (NASDAQ: LNCO) shares surged 7.69 percent to $2.10 after falling 4.88 percent on Wednesday.

Exelixis, Inc. (NASDAQ: EXEL) rose 6.91 percent to $6.03 following the announcement of a regulatory approval of cobimetinib in Switzerland.

Rex Energy Corporation (NASDAQ: REXX) shares gained 5.40 percent to $2.73 after gaining 4.86 percent on Wednesday.

St. Jude Medical, Inc. (NYSE: STJ) shares jumped 4.77 percent to $72.65 following the FT report indicating that Abbott Laboratories (NYSE: ABT) is working on a $25 billion bid for the company.

Posted-In: Market GainersNews Intraday Update Markets Movers

 

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