Gapping up In reaction to strong earnings/guidance: CMTL +5.2%, CRDS +5%, PAY +3.3%, MTN +2.1%, QURE +0.7%.
Select EU (and India) financial related names showing strength: IRE +2.5%, ING +1.3%, IBN +1.2%, BCS +1.1%.
Select metals/mining stocks trading higher: VALE +2.5%, IAG +1.1%, MT +0.9%.
Other news: ECTE +20.9% ( announces Glass Lewis recommends stockholders vote for Echo's Board nominees), NIHD +13.2% (cont strength), MY +9.7% (obtains approval to develop and operate 300MW off-shore wind power project in Jiangsu Province ), GWPH +8% (receives Fast Track Designation from FDA for the treatment of Dravet Syndrome), VTUS +5.1% (ticking higher --- was up 20%+ yesterday), BRS +4.8% (named John Briscoe as CFO), JKS +2.8% (strongly disagrees with U.S. Department of Commerce's preliminary decision on countervailing duty investigation), RAD +2.2% (positive comments on Mad Money), JD +2.2% (cont strength), PNRA +1.8% (announced new three year $600 mln share repurchase program), ARMH +1.8% (still checking), ASML +1.7% (still checking), MBII +1.1% (prices 4.5 mln shares of common stock at $9.50 per share), DRYS +0.9% (announces Ocean Rig contract developments).
Analyst comments: ANGI +7.1% (upgraded to Buy from Neutral at BofA/Merrill), JAKK +2.5% (upgraded to Buy from Neutral at BofA/Merrill), BLMN +1.8% (initiated with a Buy at Buckingham Research), CNX +1.6% (upgraded to Buy from Neutral at Goldman), JOY +1.3% (upgraded to Buy from Neutral at BofA/Merrill), CCJ +1.1% (upgraded to Hold at Canaccord Genuity)