Morning Market Movers (PEDH, BCAR, TOF, SVU)

Peoples Educational Holdings PEDH climbed 32.74% to $1.50 at 9:50 am. PEDH shares have dropped 28.93% over the past 52 weeks, while the S&P 500 index has gained 8.57% in the same period. Bank of the Carolinas BCAR shares surged 26.02% to $2.47. BCAR shares have dipped 56.44% over the past 52 weeks, while the S&P 500 index has gained 8.57% in the same period. Tofutti Brands TOF shares advanced 14.10% to $2.59. TOF's gross profit percentage increased to 31% in fiscal 2010, versus 30% in fiscal 2009. SuperValu SVU surged 11.45% to $10.12. SVU reported better-than-expected FQ4 earnings. Read more from Benzinga's Markets.