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There were numerous stocks that rallied on Monday and Tuesday with the broad market pushing higher. Here is a list of those stocks that gained a lot of attention following news about the companies.

Monday

Icagen (NASDAQ:ICGN) more than doubled after Pfizer (NYSE:PFE) said that as part of Pfizer's ongoing evaluation of the possible extension or other modification of the existing collaboration agreement between the parties, it is evaluating the possibility of entering into a strategic transaction with Icagen. This strategic transaction could have the effect of influencing or changing the control of Icagen by means of a stock or asset acquisition or merger. Icagen acknowledged that it is currently engaged in preliminary discussions with Pfizer regarding a potential strategic transaction.

Continucare (NYSE:CNU) rose over 30% after Metropolitan Health Networks (MDF) and the company announced jointly that they have entered into a definitive merger agreement, whereby Metropolitan will acquire Continucare in a cash and stock transaction valued at approximately $416 million at the time of announcement. The transaction will create a company that provides care to over 68,000 Medicare Advantage and Medicaid customers. The combined company will own 31 primary care medical practices, utilize a network of more than 250 contracted, independent, primary care practices, and will operate in 18 Florida counties, including the Daytona, Miami, Ft. Lauderdale, West Palm Beach, and Tampa metropolitan areas.

XOMA (NASDAQ:XOMA) rose over 15% after it announced the first presentation of results from its discovery of two new classes of fully human monoclonal antibodies that activate or sensitize the insulin receptor in vivo, each representing a distinct new therapeutic approach to the treatment of patients with diabetes. Studies presented on the XMetA antibody demonstrated that it reduced fasting blood glucose levels and improved glucose tolerance in a mouse model of diabetes. After six weeks of treatment, there was a statically significant reduction in hemoglobin A1c levels, a standard measure of average blood glucose levels over time, in mice treated with XMetA compared to control. In addition, there was a statistically significant reduction in elevated non-HDL cholesterol levels. Studies of the XMetS antibody in a mouse model of obesity-induced insulin resistance showed enhanced insulin sensitivity and statistically significant improvements in fasting blood glucose levels, and glucose tolerance in mice treated with XMetS, as compared to control. In addition, there was a statistically significant reduction in elevated non-HDL cholesterol levels.

Intersections (NASDAQ:INTX) rallied more than 8% after the company was added to the U.S. broad-market Russell 3000 Index, the Russell 2000 Index, and the Russell Global Index.

Tuesday

Nike (NYSE:NKE) jumped over 10% after it reported Q4 results that beat Q4 estimates on the bottom and top-lines. The company noted that EPS for both the quarter and full year hit record highs, as higher revenues and SG&A expense leverage more than offset a lower gross margin rate. Fourth quarter revenues were up 14% to $5.8 billion, while fourth quarter EPS were up 17% to $1.24. As of the end of the quarter, futures orders for NIKE brand athletic footwear and apparel scheduled for delivery from June through November 2011, totaled $10.3 billion, 15% higher than orders reported for the same period last year.

Friedman Industries (NYSEMKT:FRD) rose nearly 11% after it announced spectacular Q4 results. For the quarter ended March 31, 2011, the Company reported net earnings of $3,202,575 ($0.47 per share diluted) on net sales of $41,998,111 compared to net earnings of $1,062,258 ($0.16 per share diluted) on net sales of $23,328,900 recorded during the quarter ended March 31, 2010. The company is engaged in pipe manufacturing, steel coil processing and steel and pipe distribution.

Willbros Group (NYSE:WG) closed 7% higher after it announced that it had reached full and final agreement with TransCanada PipeLines (NYSE:TRP) on the amount due to its U.S. construction subsidiary under a cost reimbursable target price construction contract for seven pump stations in Nebraska and Kansas. Willbros will receive $61 million in cash as payment for its outstanding receivables of $71.2 million that were disputed by TransCanada and agreed to waive all claims for additional fees and change orders. TransCanada agreed to relieve Willbros of any further liability with respect to the contract, and to restore Willbros to its bid list for future work. Willbros noted that it will incur a non-cash charge in its second quarter 2011 results of $8.8 million associated with this settlement agreement. Upon receipt of the funds, the Company intends to use $40.0 million of the cash settlement to retire term loan debt.

Standard Microsystems (NASDAQ:SMSC) rallied 10% after it reported consensus-beating Q1 results. Revenue for the first quarter of fiscal 2012 was $103.5 million, an increase of approximately 7% when compared to the same period in the prior year and an increase of approximately 2% sequentially. Non-GAAP net income was $11.0 million, or $0.47 per diluted share, compared to non-GAAP net income of $7.6 million, or $0.33 per diluted share in the first quarter of fiscal 2011. For the second quarter, the company anticipates revenue to increase by approximately 8-10% sequentially, including about $8 million from the BridgeCo acquisition. The company does not expect any further material impact as a result of the Japanese crisis and expect further growth in its automotive and consumer revenue.

Youku.com (NYSE:YOKU) closed 30% higher after it officially launched its Youku Premium paid content platform after signing a digital distribution agreement with CAV Warner Home Entertainment, Warner Bros Home Entertainment Group's joint venture in China. Under the terms of the three-year agreement, Youku will add a total of 400 to 450 Warner Bros new releases and catalog titles to its Youku Premium content library. Youku Premium launched in beta in October 2010. Since then, the service has processed 200,000 paid transactions for its library of more than 300 movies and 3,880 educational programs.

eFuture Information Technology (NASDAQ:EFUT) rose 33% as investors were pleased after the company announced that it had filed its annual report for the year ended December 31, 2010 on Form 20-F with the SEC on June 28, 2011.

Westport Innovations (NASDAQ:WPRT) was in the green, closing 12% higher, after it announced that it entered into an agreement with General Motors (NYSE:GM) to help develop advanced natural gas engine technology. Both General Motors and Westport will bring their extensive expertise to develop natural gas engine controls, emissions and performance strategies.

First BanCorp (NYSE:FBP) jumped over 20% after it announced that it entered into a definitive agreement with two funds managed by Oaktree Capital Management, under which Oaktree would purchase an aggregate of approximately $175.5 million of common stock of the corporation at a per share price of $3.50. The corporation also entered into investment agreements with institutional investors and other private equity firms for the issuance of an aggregate of approximately $164 million of the corporation’s common stock.

AdCare Health Systems (NYSEMKT:ADK) rallied 10% after it signed a definitive agreement to acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia, and Tennessee for $38.5 million. Two of the facilities are to be purchased, nine leased, and four managed by AdCare. The facilities have an aggregate of 1,995 beds and generate an estimated $93 million in gross annualized revenues according to their most recent financials. They are expected to be immediately accretive to AdCare's earnings after the transaction closes as planned in the fall. The company plans to fund the transaction with a combination of cash, shares of AdCare common stock, and seller notes.

Active Power (NASDAQ:ACPW) closed 9% higher after it received a multimillion dollar order for two PowerHouse systems from one of its strategic IT partners. The deployment will support the IT partner’s containerized datacenters, enabling the end user, a global manufacturer of oil and gas drilling products to quickly add additional capacity. All systems and related equipment will ship in the third quarter of 2011 to the end user’s facility located in the southwestern U.S. Each PowerHouse system is rated at 720 kW and will provide all critical power infrastructure support to the IT containers onsite.

Carpenter Technology (NYSE:CRS) jumped 6% after the company announced that it priced an underwritten public offering of $250,000,000 in aggregate principal amount of its 5.20% senior notes due 2021. Carpenter Technology expects to use the net proceeds from the issuance of the senior notes to repay $100 million in principal amount of Carpenter Technology Corporation’s medium term notes, Series C at 7.625% due August 2011.

Source: 15 Stocks Posting Big Jumps This Week