Silicon Image, Inc. SIMG shares jumped 23.05% to $7.26 after the company agreed to be acquired by Lattice Semiconductor in an all-cash tender offer of $7.30 per share.
Courier Corporation CRRC shares surged 18.36% to $23.14 after the company confirmed the receipt of unsolicited proposal from R.R. Donnelley & Sons Company RRD for $23 per share.
Lattice Semiconductor Corporation LSCC shares rose 7.83% to $7.11 after the company announced its plans to acquire Silicon Image for around $600 million.
CommScope Holding Company, Inc. COMM jumped 7.77% to $23.29. TE Connectivity is reportedly near a seal to sell network business to CommScope Holding Company for $3 billion, Wall Street Journal reported.
AK Steel Holding Corporation AKS shares gained 5.19% to $4.26 after the company reported better-than-expected quarterly earnings.
TE Connectivity Ltd. TEL shares climbed 3.12% to $65.13. TE Connectivity is reportedly near a seal to sell network business to CommScope Holding Company, Inc. COMM for $3 billion, Wall Street Journal reported.
Novartis AG (ADR) NVS shares gained 1.88% to $98.30 on Q4 results. The company's core EPS rose 3% to $1.21 in the quarter.
CIT Group Inc. CIT shares rose 1.11% to $46.36 after the company reported better-than-expected earnings for the latest quarter.
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