Morning Market Movers (ONP, IRDMZ, APSA, MRT)

Orient Paper Inc (AMEX: ONP) shares advanced 21.80% to $5.81 at 10:00 am. ONP reported a 69.5% year-over-year surge in its Q4 net income.

Iridium Communications Inc (NASDAQ: IRDMZ) shares surged 19.83% to $1.45. IRDMZ received a contract for Phase 3 development of the Distributed Tactical Communications System (DTCS).

Alto Palermo SA (NASDAQ: APSA) jumped 15.85% to $15.64. APSA's trailing-twelve-month operating margin is 44.63%.

Morton's Restaurant Group Inc (NYSE: MRT) climbed 15.68% to $7.45. MRT is exploring strategic alternatives, including a possible sale of the company.

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