movers and shakers

Shares of Sun Healthcare Group (NASDAQ: SUNH) jumped more than 35% in pre-market trading after Genesis HealthCare agreed to acquire Sun Healthcare Group for $217 million. Genesis will pay $8.50 per share to buy Sun Healthcare. Sun Healthcare shares jumped 35.83% to $8.34 in the pre-market session

Shares of Network Equipment Technologies (NASDAQ: NWK) surged more than 12% in pre-market trading after Sonus Networks (NASDAQ: SONS) announced its plans to buy Network Equipment Technologies for $41.3 million. Sonus will pay $1.35 for each NET share, which represents a 14.4% premium to NET's...

Shares of Body Central (NASDAQ: BODY) shares tumbled more than 25% in pre-market trading after the company issued downbeat earnings forecast. Body Central projects Q2 earnings of $0.19 to $0.21 per share, versus analysts' estimates of $0.27 per share. For the year, it projects earnings of $1.07 to...

Shares of EnergySolutions Inc (NYSE: ES) dropped more than 13% in pre-market trading after the company cut its forecast for 2012 adjusted earnings before interest, taxes, depreciation and amortization (EBITA). The company also appointed board member David Lockwood as CEO and President of the...

Shares of Forest Laboratories Inc (NYSE: FRX) dropped more than 7% in pre-market trading after the company cut its 2013 profit forecast. Forest Laboratories cut its 2013 profit forecast to $0.65 to $0.80 per share, versus analysts' estimates of $1 per share. FRX shares declined 7.96% to $32.85 in...

Shares of Centene Corp (NYSE: CNC) dipped more than 26% in pre-market trading after the company lowered its full-year earnings forecast. It also projects to post a second-quarter loss. It now projects 2012 earnings of $1.45 to $1.65 per share, versus its earlier forecast of $2.64 to $2.84 per...

Shares of Perfect World Co Ltd (NASDAQ: PWRD) jumped about 27% in pre-market trading after the company reported a 32% surge in its fourth-quarter revenue. Perfect World's net income attributable to shareholders climbed to 260 million yuan ($41.3 million), or 5.45 yuan (87 cents) per ADS, from 125...

Shares of Valmont Industries Inc (NYSE: VMI) gained in pre-market trading after the company reported upbeat second quarter results and lifted its full-year earnings forecast. VMI reported its quarterly net income at $45.8 million, or $1.72 per share, up from $17.1 million, or $0.65 per share, in...

Shares of Peregrine Metals Ltd (OTC: PTTDF) jumped about 235% after Stillwater Mining Co (NYSE: SWC) announced its plans to buy all shares outstanding of Peregrine Metals for about $487.1 million. The deal values Peregrine shares at $3.28 per share. Shares of Peregrine closed at $0.81 on Friday....

Shares of NetSpend Holdings (NASDAQ: NTSP) fell about 5.3% after Goldman Sachs downgraded NetSpend Holdings from “buy” to “neutral.” NTSP shares dropped 5.32% to $8.99 at 9:45 am.

Shares of Gulfport Energy Corporation (NASDAQ: GPOR) dropped about 4% in pre-market trading after the company commenced an underwritten public offering of 3,000,000 shares of its common stock. GPOR shares moved down 3.98% to $30.38 in the pre-market session

Shares of Ixia (NASDAQ: XXIA) dipped more than 20% in pre-market trading after the company lowered its second-quarter projections. Ixia expects Q2 revenue of $67 to $69 million, down from its previous forecast of $78 to $82 million. Ixia projects adjusted profit of $0.07 to $0.08 per share, down...

Shares of SemiLEDs Corp (NASDAQ: LEDS) dipped about 12.9% in pre-market trading after the company swung to a FQ3 loss of $5.1 million, or $0.19 per share. SemiLEDs' sales declined to $5.6 million from $9.9 million. On an adjusted basis, SemiLEDs' loss came in at $0.16 per share. Analysts were...

Hutchinson Technology Inc (NASDAQ: HTCH) issued upbeat revenue forecast for its fiscal third quarter. The company projects Q3 sales of about $72 million, up 14% from second quarter, and above analysts' estimates of $65.5 million. Hutchinson shipped around 118 million disk-drive suspension...

Shares of Signature Bank (NASDAQ: SBNY) dropped about 3% in pre-market trading after the company announced its plans to sell 4.1 million shares of common stock in an underwritten public offering. SBNY shares fell 3.01% to $56.77 in pre-market trading. Read more from Benzinga's Company news.