Morning Market Movers

Infinity Pharmaceuticals INFI shares climbed 41.12% to $15.41 on deal with AbbVie ABBV. Image Sensing Systems ISNS jumped 39.43% to $9.30. Magal Security Systems MAGS rose 23.58% to $5.45. Magal Security Systems will be showcasing its innovative RoboGuard at the ASIS USA show on September 29th. Blyth BTH shares surged 22.94% to $8.20 after the company reported that its Co-Founders and key stockholders agreed in principle to acquire majority of ViSalus. Iteris ITI rose 20.88% to $2.20. Iteris is expected to report its Q4 earnings today. Tetraphase Pharmaceuticals TTPH shares surged 12.23% to $14.68 after the company announced positive oral dosage data from Phase 3 trials. Local LOCM jumped 8.93% to $1.83 after the company reached a favorable settlement in patent infringement litigation. Concur Technologies CNQR shares gained 6.19% to $107.20 following a Bloomberg TV report that the company may be exploring a possible sale. Yandex NV YNDX surged 4.30% to $30.31 after gaining 2.22% on Tuesday. Achillion Pharmaceuticals ACHN shares surged 3.99% to $12.76 after surging 6.05% on Tuesday. Navistar International NAV rose 3.01% to $39.65 after the company reported a narrower-than-expected loss for the fiscal third quarter.