Mid-Day Market Movers (VRNM, NTY, SBAY, KV-A)

Verenium Corporation VRNM jumped 61.38% to $3.97 at 10:50 am. BP Plc BP has agreed to purchase the biofuels business in California from VRNM for $98.3 million. The company has also promoted Janet Roemer to the post of President and Chief Operating Officer. NBTY Inc NTY shares surged 43.77% to $53.87. Carlyle Group has agreed to purchase NTY for $3.8 billion in cash. Subaye Inc SBAY climbed 30.80% to $11.81. SBAY’s paying online video advertising customers have risen by 112% so far this year. K-V Pharmaceutical Company KV shares advanced 27.78% to $1.38. KV-A has appointed Thomas S McHugh as its Chief Financial Officer (CFO). Read more from Benzinga's Company news.