Morning Market Movers

Onyx Pharmaceuticals ONXX shares advanced 38.38% to $61.69 at 9:45 am. Onyx Pharma's Kyprolis received positive vote from the US Food and Drug Administration's (FDA) Oncologic Drugs Advisory Committee (ODAC). Sun Healthcare Group SUNH surged 35.99% to $8.35. Genesis HealthCare agreed to acquire Sun Healthcare Group for $217 million. Eagle Bulk Shipping EGLE climbed 35.91% to $4.05. Eagle Bulk Shipping reached an agreement with a syndicate of its lenders. Chelsea Therapeutics International CHTP surged 29.01% to $1.69. Chelsea Therapeutics reported results from an integrated dataset of two phase 3 studies, which showed that patients treated with Northera(TM) experienced improvements in their symptoms of Neurogenic OH.