#PreMarket Movers From December 17, 2014: FedEx, Auspex Pharmaceuticals And More

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Auspex Pharmaceuticals Inc ASPX +85% - The company announced positive SD-809 trial results.

Volcano Corporation VOLC +55% - Royal Philips announced it will acquire Volcano for $18 per share.

Paramount Gold and SIlver Corp. PZG +35% - Coeur Mining announced it will acquire Paramount in a transaction valued at $146 million.

Cerus Corporation CERS +20% - The FDA approved its INTERCEPT Blood System for Plasma.

TASER International, Inc. TASR +5.4% - The company received an order for body worn camera from the LAPD.

VeriFone Systems Inc PAY +2.8% - Barclays upgraded shares to Overweight.

General Mills, Inc. GIS +1.2% - The company reported second quarter financial results.

Columbia Sportswear Company COLM +3.6% - Goldman Sachs upgraded shares to Buy.

Cliffs Natural Resources Inc CLF -11.9% - Credit Suisse reduced the price target from $10 to $1.

FedEx Corporation FDX -3.4% - The company reported downbeat financial results.

Joy Global Inc. JOY -1.7% - The company reported fourth quarter financial results.

Marathon Petroleum Corp MPC -0.85% - Shares were downgraded to Market Perform at Wells Fargo.

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