Afternoon Movers; Healthcare Sector Up Significantly

Global Education & Technology Group GEDU +97.39% after signing agreement to merge with Pearson PLC PSO

Pharmasset VRUS +84.59% after a merger announcement with Gilead Sciences GILD

Inhibitex INHX +18.81% as the healthcare sector moved upwards

Focus Media Holding Limited FMCN -39.49% due to charges of fraud by the firm Muddy Waters

Telecom Corp of New Zealand NZT -21.51% on heavy volume

VanceInfo Technologies VIT -18.37% on heavy volume