Morning Market Movers

Sapient SAPE shares climbed 42.03% to $24.60 after Publicis Groupe SA PUBGY agreed to acquire Sapient for $3.7 billion in cash. Geron GERN shares rose 27.80% to $2.85 after the company announced the removal of full clinical hold on Imetelstat IND. Covance CVD shares jumped 25.94% to $100.63 after Laboratory Corp of America Holdings LH announced its plans to acquire Covance for around $6.1 billion in cash and stock. Covance also reported in-line earnings for the third quarter. ANI Pharmaceuticals ANIP shares climbed 16.31% to $39.50 after the company posted a profit in the third quarter. AngloGold Ashanti AU shares surged 9.31% to $9.04 after the company posted a profit in the third quarter. ArcBest ARCB shares jumped 9.07% to $42.21 on Q3 results. The company reported Q3 net income was $19.6 million on revenue of $711.3 million. MIND C.T.I. MNDO shares rose 7.02% to $3.20 on Q3 results. The company posted quarterly net income of $1.1 million, or $0.06 per share on revenue of $6.5 million.
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