CentraCore Properties Trust

( CPV) rose on word

GEO Group

(GEO) - Get Report

would buy the correctional real estate investment trust. Under the terms of a definitive agreement, shareholders of CentraCore will receive $32 in cash for each of their shares for a total value of roughly $356.1 million. Shares of CentraCore were up 11.9% to $31.75.

Star Scientific

(STSI)

surged 25% following news that a judge wants to rule on its patent-infringement case against

R.J. Reynolds

within a month. Star was up 61 cents to $3.07.

Medwave

(MDWV)

advanced after it received clearance from the Food and Drug Administration to market Fusion, a system for monitoring blood pressure and vital signs. Medwave was up 23% to $1.70.

New York Mortgage Trust

(NTR) - Get Report

was falling after being downgraded by Friedman Billings Ramsey to market-perform from outperform. The stock was lower by 6.2% to $3.66.