Gapping up
Metals/mining stocks trading higher: NOR +6.1%, HMY +2.9%, MT +2.6%, AU +2%, SLW +1.7%, PAAS +1.6%, HL +1.6%, SLV +1.6%, AEM +1.3%, GLD +1.1%, ABX +1%.
Other news: PLX +5.4% ( announces positive Phase I clinical trial results for Oral GCD in Gaucher disease patients), FU +2.8% (move attributed to positive mention by Jim Rogers in Barron's interview; HOLI also mentioned positively), NFLX +1.9% (Netflix in discussions with Comcast (CMCSA) and other cable cos to make service available through set top boxes, according to reports), KLIC +1.1% (Kulicke & Soffa ticking higher following positive Barron's mention), MNKD +1% ( resubmits new drug application to U.S. FDA for AFREZZA for the treatment of adults with diabetes), TEF +0.3% (Telefonica S.A. modestly higher on reports that the co is selling its Czech phone stake), TD +0.2% (Toronto-Dominion Bank considering bid for RBS's US retail banking business for GBP 8 bln, according to reports ).
Analyst comments: MT +1.9% (upgraded to Outperform from Neutral at Macquarie), AMD +1.6% (upgraded to Outperform from Neutral at Wedbush), THOR +1.3% (upgraded to Buy from Neutral at Goldman), CTCM +0.9% (upgraded to Buy from Hold at Deutsche Bank)