Morning Market Movers (BARI, DRL, PII, EDSWW)

Bancorp Rhode Island Inc BARI shares surged 49.79% to $46.00 at 9:45 am. Brookline Bancorp Inc BRKL announced its plans to buy BARI and its subsidiary, BankRI, for about $234 million in cash and stock. Doral Financial Corporation DRL jumped 32.69% to $1.38. DRL swung to profit in the first quarter. Polaris Industries Inc PII climbed 17.11% to $106.78. PII reported better-than-expected Q1 results and issued upbeat FY11 projections. Exceed Company Ltd EDSWW shares advanced 15.38% to $1.95. EDSWW's trailing-twelve-month ROE is 26.19%. Read more from Benzinga's Markets.