Owens & Minor will buy Medical Action Industries (Nasdaq: MDCI) in a cash deal valued at approximately $204 million.
Shares of Sinclair Broadcast Group (Nasdaq: SBGI) surged after the Supreme Court ruled that Aereo's streaming service violated copyright laws.
The Food and Drug Administration approved Nanosphere's (Nasdaq: NSPH) Verigene Enteric Pathogens Nucleic Acid Test for bacteria.
On the downside
Valero Energy (NYSE: VLO) stock fell after the U.S. government granted permission to export condensate to two of Valero's competitors.
Heron Therapeutics (Nasdaq: HRTX) priced its offering of 4.5 million common shares at the discounted price of $11.75 per share.
CVR Refining (NYSE: CVRR) priced its public offering of 6.5 million common units at the discounted price of $26.07 per common unit.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 gained 8 points to 1958. Bitcoin eased $1.07 or 0.18% to $584.40.