StreetInsider.com Pre-Open Movers 01/02: (ZIP) (MCP) (ANN) Higher; (SKUL) (TGT) (ANN) Lower (more...)

Zipcar, Inc. (Nasdaq: ZIP) 49% HIGHER; Avis Budget Group, Inc. (Nasdaq: CAR) has agreed to acquire Zipcar for $12.25 per share in cash, a 49% premium over the closing price on December 31, 2012, representing a total transaction value of approximately $500 million.

Synergy Pharmaceuticals, Inc. (Nasdaq: SGYP) 20% HIGHER; announced that plecanatide, its investigational oral drug for the treatment of chronic idiopathic constipation (CIC), was well tolerated and met the primary and key secondary endpoints of a Phase IIb/III clinical study. Full study results will be presented at a major scientific meeting this year.

Skullcandy Inc(NASDAQ: SKUL) 14% LOWER; downgraded at Jefferies

Molycorp (NYSE: MCP) 10% HIGHER; takeover speculation

Hewlett-Packard (NYSE: HPQ) 7% HIGHER; new to Dogs of the Dow

Las Vegas Sands (NYSE: LVS) 7% HIGHER; strong gaming numbers from Macau

Credit Suisse upgraded US Steel (NYSE: X) 6% HIGHER; from Neutral to Outperform.

SunPower Corporation (NASDAQ: SPWR) 6% HIGHER; MidAmerican Solar announced the acquisition from SunPower of the 579-megawatt Antelope Valley Solar Projects (AVSP), two co-located projects in Kern and Los Angeles Counties in Calif. Together, the two combined projects will form the largest permitted solar photovoltaic power development in the world and will create an estimated 650 jobs during construction.

SINA Corp (NASDAQ: SINA) 6% HIGHER; continued speculation about deal to sell part of Weibo.

MGM Resort (NYSE: MGM) 4% HIGHER; strong gaming numbers from Macau

Wynn (NASDAQ: WYNN) 4% HIGHER; strong gaming numbers from Macau

Apple (Nasdaq: AAPL) 4% HIGHER; sees sharp upside to start the year

Bank of America (NYSE: BAC) 4% HIGHER; Positive comments at Evercore

Facebook (NYSE: FB) 4% HIGHER; PT raised at JPMorgan

Cliffs Natural (NYSE: CLF) 3% HIGHER; materials higher on fiscal cliff deal

AK Steel (NYSE: AKS) 3% HIGHER; materials higher on fiscal cliff deal

Freeport-McMoRan (NYSE: FCX) 3% HIGHER; materials higher on fiscal cliff deal

Goldman Sachs (NYSE: GS) 2% HIGHER; PT raised at JPMorgan

Ann Inc (NYSE: ANN) 1% LOWER; downgraded at Jefferies

Target (NYSE: TGT) 1% LOWER; downgraded at Jefferies

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