Morning Market Movers (TRCI, CHGS, SHZ, NEWN)

Technology Research Corporation TRCI shares surged 39.26% to $7.13 at 9:45 am. Coleman Cable CCIX announced its plans to buy all the outstanding shares of TRCI for $7.20 per share in a deal valued at $51.5 million. China GengSheng Minerals Inc CHGS shares advanced 20.75% to $3.55. CHGS increased its total annual fracture proppant capacity by 20% to address rising demand. China Shen Zhou Mining & Resources Inc SHZ climbed 11.08% to $4.71. SHZ reported its Q4 net sales at $4.9 million, up from $1.1 million, in the year-ago quarter. New Energy Systems Group NEWN jumped 9.70% to $6.22. NEWN reported a 113% year-over-year surge in its Q4 revenue. Read more from Benzinga's Markets.