Itron, Inc. (NASDAQ:ITRI) is up 21.96% this morning at $48.92. ITRI has traded about 2 million shares so far today, more than five times its daily average volume. Itron’s price target was increased to $61 from $47 by Brean Murray today. The company also announced it will buy SmartSynch for $100 million. The company has a market cap of 1.96 billion.

BioDelivery Sciences International (NASDAQ:BDSI) is up 18.50% today at $2.37. BDSI has traded 871 thousand shares so far today, up from its average volume of 307 thousand shares. BDSI received patent allowance triggering $15 million milestone payment from Endo Pharmaceuticals. The company has a market cap of 70.36 million. [Read more...]