Gapping up
In reaction to strong earnings/guidance/SSS: PME +31.1%, SCTY +10.7%, SFM +6.8%, COUP +6.3%, MRIN +6.1% (light volume), WEN +5.6%, JASO +5.6%, CSLT +5.5%, GMCR +5.3%, HIMX +5.3%, GTXI +4.7%, DCTH +4.6%, (light volume), BRKR +4.4%, (light volume), AVG +3.9%, (light volume), Z +3.6%, RIG +3.6%, SD +3.3%, BT +3.2%, )li CTRP +3.1%, BRDR +2.9%, HK+2.6%, APA +2.6% (light volume), CAR +2.5%, FOXA +2.4%, RATE +2.2%, (announces acquisition of Caring for $54 mln in cash), AGO +2.2%, (light volume), JONE +2.2%, (light volume), AXAS +2%, PNNT +1.7%, (light volume), KIM +1.7%, (light volume), ATLS +1.5%, (light volume), STB +1.4%, EFC +1.1%, COST +1.1%, CTL +1%, MATR +1%, (light volume), PRU +0.6%, PUK+0.6%, POZN +0.9% (light volume), MCD +0.2%.
M&A news: AZN 2.1% (Pfizer may bid a higher amount for AZN, according tor reports ), CHTP halted (Lundbeck to Acquire Chelsea Therapeutics; total potential consideration of up to USD 7.94 per share).
A few financial related names showing strength: BCS +6% (provides strategy update; to cut 14,000 jobs by end of year), NBG +3.3%, DB +1.5%, SAN +1%.
Metals/mining stocks trading higher: MT +2.9%, HMY +2.3%, PAAS +0.8%, GDX +0.6%, GLD +0.3%, GOLD +0.2% (reports Q1 metrics) .
Select oil/gas related names showing strength: SDRL +3.8%, PBR +1.2%, TOT +1%, STO +0.4%, RDS.A +0.3%.
Other news: WBAI +4.9% (reiterates that it has obtained proper approvals to operate an online sports lottery service in China), ROIC +3.5% ( ROIC to replace ACO in the S&P SmallCap 600), GRPN +2.3% (still checking), TWTR +2.1% (following positive Barron's mention; upgraded to Equal-Weight from Underweight at Morgan Stanley), RDN +1.8% (prices 15.5 mln share offering of common stock at $14.50 per share; increases size and prices $300 mln offering of senior notes), CAJ +1.5% (confirmed plans to acquire its own shares -- up to 17 mln shares of common stock), F +1% (announces $1.8 bln stock repurchase program to offset share dilution; consistent with capital strategy), BMRN +0.9% (positive MadMoney mention), GILD +0.7% ( announce $5 bln share buyback program), SODA +0.7% (following GMCR results), CREE +0.6% (increases stock buyback to $300 mln), TFM +0.2% (following SFM results).
Analyst comments: GIMO +5.4% (upgraded to Outperform from Neutral at Credit Suisse ), YELP +3.3% (Yelp upgraded to Overweight from Equal Weight at Morgan Stanley), SJM +0.7% (upgraded to Neutral from Sell at Goldman), DGX +0.6% (upgraded to Neutral from Underperform at BofA/Merrill; tgt raised to $58 from $50)
M&A news: AZN 2.1% (Pfizer may bid a higher amount for AZN, according tor reports ), CHTP halted (Lundbeck to Acquire Chelsea Therapeutics; total potential consideration of up to USD 7.94 per share).
A few financial related names showing strength: BCS +6% (provides strategy update; to cut 14,000 jobs by end of year), NBG +3.3%, DB +1.5%, SAN +1%.
Metals/mining stocks trading higher: MT +2.9%, HMY +2.3%, PAAS +0.8%, GDX +0.6%, GLD +0.3%, GOLD +0.2% (reports Q1 metrics) .
Select oil/gas related names showing strength: SDRL +3.8%, PBR +1.2%, TOT +1%, STO +0.4%, RDS.A +0.3%.
Other news: WBAI +4.9% (reiterates that it has obtained proper approvals to operate an online sports lottery service in China), ROIC +3.5% ( ROIC to replace ACO in the S&P SmallCap 600), GRPN +2.3% (still checking), TWTR +2.1% (following positive Barron's mention; upgraded to Equal-Weight from Underweight at Morgan Stanley), RDN +1.8% (prices 15.5 mln share offering of common stock at $14.50 per share; increases size and prices $300 mln offering of senior notes), CAJ +1.5% (confirmed plans to acquire its own shares -- up to 17 mln shares of common stock), F +1% (announces $1.8 bln stock repurchase program to offset share dilution; consistent with capital strategy), BMRN +0.9% (positive MadMoney mention), GILD +0.7% ( announce $5 bln share buyback program), SODA +0.7% (following GMCR results), CREE +0.6% (increases stock buyback to $300 mln), TFM +0.2% (following SFM results).
Analyst comments: GIMO +5.4% (upgraded to Outperform from Neutral at Credit Suisse ), YELP +3.3% (Yelp upgraded to Overweight from Equal Weight at Morgan Stanley), SJM +0.7% (upgraded to Neutral from Sell at Goldman), DGX +0.6% (upgraded to Neutral from Underperform at BofA/Merrill; tgt raised to $58 from $50)