Morning Market Movers

APAC Customer Services Inc APAC climbed 54.96% to $8.43 at 9:50 am. APAC agreed to be bought by OneEquity Partners for $8.55 per share. China Auto Logistics Inc CALI jumped 49.14% to $1.73. CALI successfully closed the sale of three million unregistered common shares to accredited individual investors at an above market price of $1.75 per share, raising a total of $5.25 million. iGo Inc IGOI shares gained 25.57% to $2.21. IGOI launched an innovative headphone line specifically designed to maximize the listening experience from iPods and smartphones. New Frontier Media Inc NOOF shares surged 21.58% to $1.69. NOOF shares have dropped 4.14% over the past 52 weeks, while the S&P 500 index has gained 26.31% in the same period.