Market Movers Today: Dermira Inc (DERM), Intrepid Potash, Inc. (IPI), XL Group Ltd (XL), Sparton Corporation (SPA), and More

Clearside Biomedical Inc (NASDAQ:CLSD) (MarketWatch)
Clearside Biomedical Inc. shares surged 53% in premarket trade Monday, after the company announced positive results in a late-stage trial of a treatment for macular edema associated with non-infectious uveitis, a swelling that affects the back of the eye. The company said the trial of its suprachoroidal CLS-TA involving 160 patients met its primary and secondary endpoints.

XL Group Ltd (NYSE:XL) (The Motley Fool)
What happened: Shares of XL Group Ltd (NYSE:XL) are up by more than 29% as of noon EST Monday after the company agreed to be acquired by AXA (NASDAQOTH:AXAHY), a French insurance company. The all-cash deal values XL Group stock at $57.60 per share. So what: XL Group is about one-third reinsurer and two-thirds insurer, and it makes its money underwriting policies in the United States and abroad. The company had a rough 2017, as hurricane- and storm-related losses weighed on the entire industry.

ITUS Corp (NASDAQ:ITUS) (Benzinga)
ITUS Corp shares gained 10.8 percent to $3.61 after the company reported a partnership with Serametrix for ITUS’ Cchek.

Tiger Brands Ltd (ADR) (OTCMKTS:TBLMY) (BusinessDailyAfrica.com)
Shares in South Africa’s biggest consumer foods producer Tiger Brands and RCL Foods fell on Monday after the government linked a deadly listeria outbreak to cold meat products known as “polony” made by Tiger unit Enterprise Food. Both firms suspended processed meat production at their plants after health authorities ordered a recall of cold meats linked to a deadly listeria outbreak from both domestic and international outlets. Health Minister Aaron Motsoaledi said on Sunday the outbreak had killed 180 people since January 2017 and that it had been traced to meat called“polony” from a Tiger Brands factory in the northern city of Polokwane. He said a plant owned by RCL Foods was being investigated.