Morning Market Movers (CRIS, OXPS, SMIT, TGE)

Curis Inc CRIS shares surged 19.45% to $3.50 at 9:45 am. CRIS reported positive outcome in Genentech pivotal Phase II clinical trial of GDC-0449 in patients with advanced basal cell carcinoma (BCC). optionsXpress Holdings Inc OXPS shares advanced 15.13% to $17.65. Charles Schwab Corp SCHW announced its plans to acquire OXPS in a stock-for-stock deal valued at around $1 billion. Schmitt Industries Inc SMIT climbed 14.94% to $4.00. SMIT had $3.21 million in total cash and no debt for the latest quarter. TGC Industries Inc TGE jumped 13.76% to $7.77. Dawson Geophysical Co DWSN agreed to buy TGE for stock valued at $157 million, or $8 per share. Read more from Benzinga's Markets.