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FleetMatics Group PLC (NYSE: FLTX) surged 38.8
percent to $59.63. The volume of FleetMatics shares traded was 4751 percent higher than normal. Verizon Communications
Inc. (NYSE: VZ) announced plans to buy Fleetmatics at
$60 per share in cash.
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Transocean Partners LLC (NYSE: RIGP) shares moved
up 8.2 percent to $11.81. The volume of Transocean Partners traded was 3494 percent higher than normal. Transocean Ltd.
(NYSE: RIG) and Transocean Partners revealed Monday they
have struck a deal whereby the former would buy all the outstanding units of the latter in a share-for-unit merger transaction.
As a result, Transocean Partners would get 1.1427 shares of the company for every unit held.
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Heron Therapeutics Inc (NASDAQ: HRTX) shares
climbed 12.3 percent to $18.66. The volume of Heron Therapeutics shares traded was 1074 percent higher than normal. Heron
Therapeutics reported top line results from two studies.
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Ionis Pharmaceuticals Inc (NASDAQ: IONS) shares
rose 33.3 percent to $38.92. The volume of Ionis Pharmaceuticals shares traded was 695 percent higher than normal. Biogen
Inc (NASDAQ: BIIB) and Ionis Pharmaceuticals evealed
that nusinersen, their investigational treatment for spinal muscular atrophy (SMA), met the primary endpoint at interim
analysis of the final stage of ENDEAR trial.
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