Gapping up
In reaction to strong earnings/guidance: CETX +10.5%, ALR +10%, III +8.6%,HZNP +7.2%, SKY +6.8%, RESI +6.4%, ON +5.9%, PAH +5.9%, CMRX +5.7%, BID+5.3%, TNXP +3.9%, WLL +3.8%, TSN +3.1%, GMO +2.9%, CVT +2.3%, SN +2.1%,EBIX +1.3%, INO +1%
M&A news: ISNS +155.4% (reported earnings; also evaluating alternatives to further enhance credit and liquidity position), MFRM +114.7% ( Steinhoff (SNHFY) to acquire Mattress Firm Holding for $64/share), EVER +3.1% (to be acquired by TIAA for $19.50/share in cash, or ~$2.5 bln), IHG +1.3% (Sunday Times reported that Anbang Insurance might acquire IHG for $7 bln, but Anbang spokesperson has denied these reports), WMT +0.7% (expected to announce deal today to acquire Jet.com (Amazon.com (AMZN) competitor) for ~$3 bln, according to Re/Code)
Select EU financial related names showing strength: DB +2.8%, PUK +2.6%, ING+2.2%, SAN +1.5%, BBVA +1.1%
Select metals/mining stocks trading higher: BBL +2.6%, FCX +1.9%, RIO +1.6%,BHP +1.4%
Other news: MEIP +51.6% (enters exclusive licensing, development and commercialization agreement with the Helsinn Group), TPX +4.8% (in sympathy with MFRM), X +1.7% (after confirming Friday's Department of Commerce decisions in three trade cases), VRX +1.5% (announces changes to executive management team, licensing agreement with Norgine B.V. for NER1006 in U.S. and Canada)
Analyst comments: BCS +1.7% (upgraded to Outperform from Neutral at Exane BNP Paribas), AIG +0.8% (added to Conviction Buy List at Goldman)
In reaction to strong earnings/guidance: CETX +10.5%, ALR +10%, III +8.6%,HZNP +7.2%, SKY +6.8%, RESI +6.4%, ON +5.9%, PAH +5.9%, CMRX +5.7%, BID+5.3%, TNXP +3.9%, WLL +3.8%, TSN +3.1%, GMO +2.9%, CVT +2.3%, SN +2.1%,EBIX +1.3%, INO +1%
M&A news: ISNS +155.4% (reported earnings; also evaluating alternatives to further enhance credit and liquidity position), MFRM +114.7% ( Steinhoff (SNHFY) to acquire Mattress Firm Holding for $64/share), EVER +3.1% (to be acquired by TIAA for $19.50/share in cash, or ~$2.5 bln), IHG +1.3% (Sunday Times reported that Anbang Insurance might acquire IHG for $7 bln, but Anbang spokesperson has denied these reports), WMT +0.7% (expected to announce deal today to acquire Jet.com (Amazon.com (AMZN) competitor) for ~$3 bln, according to Re/Code)
Select EU financial related names showing strength: DB +2.8%, PUK +2.6%, ING+2.2%, SAN +1.5%, BBVA +1.1%
Select metals/mining stocks trading higher: BBL +2.6%, FCX +1.9%, RIO +1.6%,BHP +1.4%
Other news: MEIP +51.6% (enters exclusive licensing, development and commercialization agreement with the Helsinn Group), TPX +4.8% (in sympathy with MFRM), X +1.7% (after confirming Friday's Department of Commerce decisions in three trade cases), VRX +1.5% (announces changes to executive management team, licensing agreement with Norgine B.V. for NER1006 in U.S. and Canada)
Analyst comments: BCS +1.7% (upgraded to Outperform from Neutral at Exane BNP Paribas), AIG +0.8% (added to Conviction Buy List at Goldman)