Morning Market Movers (WBD, PNS, BNSO, TGIS)

Wimm-Bill-Dann Foods OJSC WBD jumped 28.98% to $31.60 at 10:05 am. PepsiCo Inc PEP announced its plans to buy majority stake in WBD for $3.8 billion. Pinnacle Data Systems Inc PNS shares surged 25.00% to $1.45. PNS' quarterly earnings jumped 178.23% y/y. Bonso Electronics International BNSO shares advanced 18.36% to $1.74. BNSO's shares have surged 37.38% in the past 52 weeks, while the S&P 500 index has gained 8.73% in the same period. Thomas Group Inc TGIS climbed 15.14% to $2.13. TGIS' earnings are likely to rise by 15.00% in the next five years. Read more from Benzinga's Markets.