Morning Market Movers (KENT, VTAL, HRZ, LOOP)

Kent Financial Services Inc KENT shares surged 43.36% to $2.05 at 9:45 am. KENT had $10.51 million in total cash and no debt for the latest quarter. Vital Images Inc VTAL surged 31.59% to $18.66. Toshiba Medical Systems Co announced its plans to purchase VTAL for $273 million in cash. Horizon Lines Inc HRZ shares advanced 26.32% to $2.40. HRZ is scheduled to report its Q1 results on April 29. LoopNet Inc LOOP climbed 26.24% to $18.14. CoStar Group Inc CSGP agreed to buy LOOP for $860 million. Read more from Benzinga's Markets.