Morning Market Movers

InterMune ITMN shares surged 35.96% to $73.14 after Roche RHHBY announced its plans to acquire InterMune for $74.00 per share in cash. Netlist NLST climbed 33.01% to $1.37. Netlist prevailed in reexamination of LRDIMM patent at USPTO. Digital Ally DGLY shares gained 23.43% to $9.80. Tim Hortons THI rose 18.75% to $74.62 following confirmation of merger talks. Burger King Worldwide BKW climbed 16.49% to $31.58. Burger King BKW is in talks to acquire Tim Hortons THI. RiT Technologies RITT shares rose 14.63% to $1.41 after the company announced the issuance of 451 research report on CenterMind(TM) software suite and the DCIM market. Life Time Fitness LTM climbed 10.92% to $46.14 after the company announced the exploration of REIT conversion. Bio Blast Pharma ORPN shares gained 8.07% to $8.30. Oppenheimer initiated coverage on Bio Blast Pharma with a Outperform rating and a $32.00 price target. INSYS Therapeutics INSY shares jumped 3.99% to $36.97 after the company received the FDA orphan drug designation for cannabidiol as treatment for glioblastsoma multiforme. Ceragon Networks CRNT shares gained 3.74% to $2.22 after rising 1.90% on Friday.