Morning Market Movers

NephroGenex Inc NRX shares climbed 192.90% to $13.62 after the company reported positive results for QT study of Pyridorin. State Investors Bancorp Inc SIBC shares surged 31.71% to $20.23 after First NBC Bank Holding Company NBCB announced its plans to acquire State Investors Bancorp for $21.25 per share in cash. RedHill Biopharma Ltd. RDHL shares climbed 25.72% to $13.49 after the company reported the acceptance for review of BEKINDA(TM) European marketing application for oncology support. Lime Energy Co. LIME shares rose 23.95% to $2.99 after the company reported the raising of $10 million from Bison Capital to fund growth. Meadowbrook Insurance Group, Inc. MIG shares jumped 18.23% to $8.43 after the company agreed to be acquired by Fosun International Limited FOSUF for $8.65 per share in cash. Aquinox Pharmaceuticals Inc. AQXP shares gained 6.46% to $7.25 after the company reported that it has initiated dosing in a Phase 2 clinical trial of AQX-1125 for the treatment of atopic dermatitis (AD). Pacific Ethanol, Inc. PEIX shares gained 1.59% to $10.88 after the company reported a merger deal with Aventine Renewable Energy Holdings, Inc. MiMedx Group Inc MDXG shares rose 1.35% to $11.24 after the company issued a response on the recent FDA draft guidance on minimal manipulation of HCT/Ps. The company said its Q4 and FY14 sales 'will exceed upper end of forecast.
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