Gapping up
In reaction to strong earnings/guidance: SEED +12.5%, SKY +2.4%, EDUC +2.2%, FAST +2%
M&A news: CDRB +16.1% (enters into a non-binding Letter of Intent to engage in a merger with Aegis Identity Software ),SYT +2.4% (Bloomberg reports that Syngenta's (SYT) Board would support a potential deal with ChemChina)
Select metals/mining stocks trading higher: HMY +9.4%, AU +4.7%, MTL +3.5%, MTL +3.5%, ABX +2.4%, GDX+2%, NEM +1.6%, GLD +1.1%
Other news: BSI +24% (receives additional offer to purchase its holdings in Blue Square Real Estate), DGLY +8.8% (The U.S. patent office has confirmed the validity of Co's '292 patent on body camera auto-activiation technology; Co also files lawsuit against TASER (TASR)), LVS +2.8% (in symp with WYNN), AE +2.1% (subsidiary acquired a 30% member interest in Ben Cap for $2.2 mln), BTG +1.4% (reported Q4 gold production +18% y/y to of 131,469 ounces and issues 2016 production outlook for gold production of 510-550K ounces), MGM +1.4% (in symp with WYNN), LEI +0.9% ( schedules conference call to discuss planned Mid-Continent acquisition and strategic objectives on January 21 at 11am ET)
Analyst comments: ESL +5.4% (upgraded to Outperform from Neutral at Credit Suisse), EA +1.2% (upgraded to Buy from Neutral at BofA/Merrill), SHPG +0.8% (upgraded to Buy from Neutral at BofA/Merrill)
In reaction to strong earnings/guidance: SEED +12.5%, SKY +2.4%, EDUC +2.2%, FAST +2%
M&A news: CDRB +16.1% (enters into a non-binding Letter of Intent to engage in a merger with Aegis Identity Software ),SYT +2.4% (Bloomberg reports that Syngenta's (SYT) Board would support a potential deal with ChemChina)
Select metals/mining stocks trading higher: HMY +9.4%, AU +4.7%, MTL +3.5%, MTL +3.5%, ABX +2.4%, GDX+2%, NEM +1.6%, GLD +1.1%
Other news: BSI +24% (receives additional offer to purchase its holdings in Blue Square Real Estate), DGLY +8.8% (The U.S. patent office has confirmed the validity of Co's '292 patent on body camera auto-activiation technology; Co also files lawsuit against TASER (TASR)), LVS +2.8% (in symp with WYNN), AE +2.1% (subsidiary acquired a 30% member interest in Ben Cap for $2.2 mln), BTG +1.4% (reported Q4 gold production +18% y/y to of 131,469 ounces and issues 2016 production outlook for gold production of 510-550K ounces), MGM +1.4% (in symp with WYNN), LEI +0.9% ( schedules conference call to discuss planned Mid-Continent acquisition and strategic objectives on January 21 at 11am ET)
Analyst comments: ESL +5.4% (upgraded to Outperform from Neutral at Credit Suisse), EA +1.2% (upgraded to Buy from Neutral at BofA/Merrill), SHPG +0.8% (upgraded to Buy from Neutral at BofA/Merrill)