Morning Market Gainers

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.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsIntraday UpdateMarketsMoversInformation TechnologyMarket GainersSemiconductorsTop Gainers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!