Afternoon Movers; Healthcare Sector Up Significantly

Global Education & Technology Group (NASDAQ: GEDU) +97.39% after signing agreement to merge with Pearson PLC (NYSE: PSO)

Pharmasset (NASDAQ: VRUS) +84.59% after a merger announcement with Gilead Sciences (NASDAQ: GILD)

Inhibitex (NASDAQ: INHX) +18.81% as the healthcare sector moved upwards

Focus Media Holding Limited (NASDAQ: FMCN) -39.49% due to charges of fraud by the firm Muddy Waters

Telecom Corp of New Zealand (NYSE: NZT) -21.51% on heavy volume

VanceInfo Technologies (NYSE: VIT) -18.37% on heavy volume

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