Gapping up
In reaction to strong earnings/guidance:
- HABT +15.9%, BIG +5.3%, SNDX +3.9%, MRVL +3.3%, SYN +3.1%, EVC +2.7%, GWRE +2.4%, ABR +1.2%, SPKE +1.1%
Select EU financial related names showing strength:
- ING +4.4%, BBVA +4%, DB +3.3%, CS +3.3%, SAN +2.4%
Select metals/mining stocks trading higher:
- VALE +5.4%, GFI +2.8%, BBL +1.8%, BHP +1.7%, CLF +1.7%, RIO +1.5%
Other news:
- BIOS +6.8% (enters into a Stock Purchase Agreement for the sale of an aggregate of 3,300,000 shares of its common stock for aggregate gross proceeds of $5,070,780 in a private placement)
- PPHM +6.2% (indicated higher after Ronin Capital discloses 6.8% active stake; may also wish to engage in a dialogue with officers, directors, and other representatives )
- VTTI +3.5% (VTTI Energy Partners receives a proposal from VTTI B.V. pursuant to which VTTI would acquire through a wholly owned subsidiary all publicly held common units of the Partnership in exchange for $18.75/unit )
- OCLR +3.5% (continued strength)
Analyst comments:
- ADSW +1.7% (upgraded to Buy at BofA/Merrill)