Gapping up
In reaction to strong earnings/guidance: SMCI +15.7% (also target raised to $23 at Needham), NUAN +8.1% (also appointed Bill Robbins as executive vice president, Worldwide Sales), XRS +8%, EAT +5% (ticking higher), ASML +4.4%, HURN +4.2%, TPLM +3.1%, CA +3%, WWD +2.6%, CREE +1.9%, ABT +1.2%, UTX +0.4%.
M&A news: NOVB +23.8% (North Valley Bancorp and TriCo Bancshares announce agreement to merge), MKTG +0.2% (has acquired Push IO; financial terms not disclosed).
Other news: VISN +43.8% (announces exclusive strategic cooperation with Baidu Games (BIDU) to promote the Baidu Games brand and Baidu's gaming products across VISN's digital television advertising networks nationwide), DRWI +22.6% (has been selected as a microwave solutions provider for backhaul connectivity as part of Gogo's (GOGO) ongoing expansion efforts), LPTN +7.1% (Granted Key U.S. Patent Related to Ocular Drug Program, Isonep), GERN +6.9% (still checking), PSTI +5.5% (still checking), PRAN +5.1% (disclosed that it plans to commence US investor roadshow), KOOL +4.3% (continued strength), ZLCS +4.2% (following late move higher), IDRA +3.9% (announces publication of new data demonstrating impact of inhibiting TLRs 7, 8, and 9 in a Preclinical Model of Autoimmune Disease; Gene expression analyses showed that treatment with either antagonist normalized expression of IL-17-induced genes), YRCW +3.1% ( Teamster local unions recommend approval of tentative agreement with YRCW), TWI +2.6% (Titan Intl: MHR Fund Management discloses 10.9% active stake in 13D filing; intend to seek to engage in discussions with management), LEDS +2.5% (up with CREE), GTE +2.4% (confirms significant reserves at the Breana Oil Field, Peru), HIMX +2.3% (continued strength following late BofA/Merrill price tgt increase), ARMH +2.1% (boosted by ASML and NUAN), GOLD +1.3% (still checking for anything specific), GOGO +1.6% (still checking), TA +1.5% (settles previously disclosed antitrust case), AA+1.4% (favorable commentary on Mad Money), BBRY +1.2% ( announces plans to divest Canadian Real Estate Holdings; will not comment on potential value of a sale), TSLA +1.1% (continued strength; Regulators say Elon Musk has a point regarding use of the word 'recall' to discuss TSLA fixes), RNO +1.1% (provided Q4 operational update; Pennyrile production remains on target for mid-2014), STM +0.9% (still checking for anything specific, several tech names reported earnings/guidance), SBAC +0.2% ( Lone Pine Capital discloses 6.4% passive stake in 13G filing).
Analyst comments: ICPT +2.7% (fair value tgt increased to $449 from $72 at Wedbush; suggests name as 'likely acquisition' ), CERN +0.7% (upgraded to Strong Buy from Neutral at ISI Group), DEO +0.2% (added to most preferred consumer staples/luxury list at BofA/Merrill)
M&A news: NOVB +23.8% (North Valley Bancorp and TriCo Bancshares announce agreement to merge), MKTG +0.2% (has acquired Push IO; financial terms not disclosed).
Other news: VISN +43.8% (announces exclusive strategic cooperation with Baidu Games (BIDU) to promote the Baidu Games brand and Baidu's gaming products across VISN's digital television advertising networks nationwide), DRWI +22.6% (has been selected as a microwave solutions provider for backhaul connectivity as part of Gogo's (GOGO) ongoing expansion efforts), LPTN +7.1% (Granted Key U.S. Patent Related to Ocular Drug Program, Isonep), GERN +6.9% (still checking), PSTI +5.5% (still checking), PRAN +5.1% (disclosed that it plans to commence US investor roadshow), KOOL +4.3% (continued strength), ZLCS +4.2% (following late move higher), IDRA +3.9% (announces publication of new data demonstrating impact of inhibiting TLRs 7, 8, and 9 in a Preclinical Model of Autoimmune Disease; Gene expression analyses showed that treatment with either antagonist normalized expression of IL-17-induced genes), YRCW +3.1% ( Teamster local unions recommend approval of tentative agreement with YRCW), TWI +2.6% (Titan Intl: MHR Fund Management discloses 10.9% active stake in 13D filing; intend to seek to engage in discussions with management), LEDS +2.5% (up with CREE), GTE +2.4% (confirms significant reserves at the Breana Oil Field, Peru), HIMX +2.3% (continued strength following late BofA/Merrill price tgt increase), ARMH +2.1% (boosted by ASML and NUAN), GOLD +1.3% (still checking for anything specific), GOGO +1.6% (still checking), TA +1.5% (settles previously disclosed antitrust case), AA+1.4% (favorable commentary on Mad Money), BBRY +1.2% ( announces plans to divest Canadian Real Estate Holdings; will not comment on potential value of a sale), TSLA +1.1% (continued strength; Regulators say Elon Musk has a point regarding use of the word 'recall' to discuss TSLA fixes), RNO +1.1% (provided Q4 operational update; Pennyrile production remains on target for mid-2014), STM +0.9% (still checking for anything specific, several tech names reported earnings/guidance), SBAC +0.2% ( Lone Pine Capital discloses 6.4% passive stake in 13G filing).
Analyst comments: ICPT +2.7% (fair value tgt increased to $449 from $72 at Wedbush; suggests name as 'likely acquisition' ), CERN +0.7% (upgraded to Strong Buy from Neutral at ISI Group), DEO +0.2% (added to most preferred consumer staples/luxury list at BofA/Merrill)