Morning Hot Stock Movers (NHWK, BIOF, SGEN, LDK)

NightHawk Radiology Holdings, Inc. (NASDAQ:NHWK) soared 96% to $6.38 on hefty volume after it announced that they have entered into a definitive agreement under which vRad will acquire all of the outstanding common stock of NightHawk Radiology Holdings, Inc. for $6.50 per share in cash.

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BioFuel Energy Corp. (NASDAQ:BIOF) soared 45.19% to $2.44 after the company has reached a six-month bridge loan agreement with Greenlight Capital, Inc. and certain of its affiliates (collectively, "Greenlight") and an affiliate of Third Point LLC ("Third Point").

Seattle Genetics, Inc. (NASDAQ:SGEN) rose 16% to $14.11 with over 3.44 million shares after the company announced top-line results from the pivotal trial of single-agent brentuximab vedotin (SGN-35), an antibody-drug conjugate (ADC) targeted to CD30.

LDK Solar Co., Ltd. (NYSE:LDK) climbed 9.50% to $9.70 and made a new 52-week high of $9.77 after it has reached a strategic financing agreement with China Development Bank Corporation (CDB), which would allow LDK Solar Co. to get funding up to RMB 60 Billion (or approximately USD8.9 Billion) over a five-year period.

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