Mid-Day Market Movers (IIIIU, FMR, VVUS, MWW)

Information Services Group Inc IIIIU climbed 74.55% to $2.88 at 10:30 am. IIIIU is all set to report its Q3 results on November 9. First Mercury Financial Corporation FMR jumped 43.57% to $16.31. Fairfax Financial Holdings Ltd has announced its plans to acquire FMR for $294 million or $16.50 per share in cash, representing a 45% premium to FMR's closing price on Thursday. VIVUS Inc VVUS shares surged 25.61% to $7.70. Analysts at JP Morgan upgraded VVUS from "neutral" to "overweight" and lifted its target price from $6 to $13. FDA rejected VVUS' obesity drug Qnexa but didn't ask for its further trials. Monster Worldwide Inc MWW shares advanced 23.70% to $17.80. MWW posted upbeat Q3 earnings and lifted its projections for the full year. Read more from Benzinga's Markets.