Morning Market Movers (NEWL, VRGY, CBRX, PNBC)

NewLead Holdings Ltd NEWL jumped 36.03% to $3.43 at 10:15 am. Verigy Ltd VRGY climbed 32.39% to $12.10. VRGY Board has received an unsolicited offer from Advantest Corporation ATE to purchase VRGY's remaining shares for $12.15 per share in cash. Columbia Laboratories Inc CBRX shares advanced 25.17% to $1.89. CBRX and Watson Pharmaceuticals Inc WPI reported a positive top-line outcome from a phase 3 study of PROCHIEVE 8% vaginal progesterone gel for lowering the preterm birth risk in women. Princeton National Bancorp Inc PNBC shares surged 22.16% to $4.88. PNBC's shares have declined 64.22% over the last 52 weeks, while the S&P 500 index has gained 10.74% in the same period. Read more from Benzinga's Markets.