Morning Market Movers

SP Bancorp SPBC jumped 41.46% to $29.00 after the company agreed to be acquired by Green Bancorp for $46.2 million in cash. Forest Oil FST shares gained 35.47% to $2.42 following the announcement of merger with Sabine Oil & Gas. Appliance Recycling Centers of America ARCI rose 12.80% to $3.25 after the company reported its Q1 net earnings of $1.0 million, or $0.17 per share. Qualys QLYS shares rose 12.72 % to $21.54 after the company reported upbeat quarterly results. Office Depot ODP gained 10.55% to $4.61 after the company reported upbeat quarterly earnings and announced its plans to close at least 400 stores in the US. Dex Media DXM shares gained 10.20% to $8.43 on Q1 results. Dex Media reported a Q1 loss of $4.74 per share. Bill Barrett BBG shares rose 9.41% to $27.09 after the company reported its Q1 adjusted loss of $0.05 per share. Mizuho Securities upgraded Bill Barrett from Neutral to Buy and lifted the price target from $27.00 to $29.00. Sagent Pharmaceuticals SGNT climbed 7.51% to $21.32 after the company reported better-than-expected Q1 results. Tableau Software DATA climbed 5.19% to $61.00 after the company reported narrower-than-expected quarterly loss and issued an upbeat outlook.