Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- REED +12.9%, (thinly traded), ENZ +6.5%, FHN +5%, IPCI +3.4%, C +2.1%
M&A news: FCX +0.9% (to sell its onshore California oil and gas properties to Sentinel Peak Resources California LLC for $742 mln)
Select financial related names showing strength: BCS +2.9%, SAN +2.3%, BBVA +2.1%, ING +1.9%, GS +1.6%, BAC+1.6%, MS +1.5%, HSBC +1.1%
Select metals/mining stocks trading higher: MT +2%, SBGL +1.7%, VALE +1.6%, RIO +1.1%, BBL +1.1%, AA +0.8%,BHP +0.6%
Select oil/gas related names showing strength: SDRL +4%, TOT +1.6%, RDS.A +1.5%, OAS +1%, WLL +0.9%
Other news:
Select financial related names showing strength: BCS +2.9%, SAN +2.3%, BBVA +2.1%, ING +1.9%, GS +1.6%, BAC+1.6%, MS +1.5%, HSBC +1.1%
Select metals/mining stocks trading higher: MT +2%, SBGL +1.7%, VALE +1.6%, RIO +1.1%, BBL +1.1%, AA +0.8%,BHP +0.6%
Select oil/gas related names showing strength: SDRL +4%, TOT +1.6%, RDS.A +1.5%, OAS +1%, WLL +0.9%
Other news:
- LEI +6% (files for 5 mln share common stock offering by selling shareholders)
- AEZS +4.9% (continued strength)
- AMD +4.9% (announces collaboration with Alibaba Group (BABA))
- TEAR +4.8% (TearLab announces co-promotion agreement with PRN Physician Recommended Nutriceuticals; terms not disclosed)
- CTRV +3.7% (following 25% move higher)
- ICPT +3.4% (confirms positive CHMP opinion for Ocaliva for the treatment of primary biliary cholangitis in the EU)
- ARIA +2.5% (favorable commentary on Thursday's Mad Money)
- DB +2.2% (considering eliminating thousands of additional jobs, according to Reuters)
- HSY +2% (confirms CEO John P. Bilbrey to retire on July 1; reaffirms outlook for FY16)
- UA +1.9% (upgraded to Overweight from Neutral at Piper Jaffray )
- HON +1.9% (releases presentation slides in conjunction with CEO David M. Cote's appearance on Jim Cramer's Mad Money program tonight)
Analyst comments:
- UA +1.9% (upgraded to Overweight from Neutral at Piper Jaffray)
- DPZ +1.8% (upgraded to Buy from Underperform at BofA/Merrill)
- JD +1.3% (initiated with a Buy at Stifel)
- SYK +0.8% (initiated with Buy ratings at SunTrust)