Gapping up
In reaction to strong earnings/guidance: CTCT +15%, AA +3.4%, CPSS +2.7%, STZ +2.5%.
M&A related: K +0.7% (Bloomberg real M&A column discusses that K may be a possible takeover target by Warren Buffett).
Select mining stocks trading higher: BHP +1%, BBL +0.9%, MT +0.8%, .
Social media/tech names trading higher: LNKD +1.2%, YELP +1.6%, FB +1.2% (several articles out highlighting updates - India users, FTC approves acquisition of WhatsApp, ad pricing is up 10% in Q1 versus Q4 of 2013)
A few China internet names are trading higher: VIPS +3.1%, YOKU +2% (recently launched the beta version of an interactive entertainment platform), WBAI +1.3%, YY +1.2% (still checking), QIHU +1.2%
European telecom names modestly higher: VOD +1.4%, ORAN +1.2%, BT +1%
Other news: ZGNX +8.1% (provides update on legal action), LOCM +6.1% (Local Corporation Launches Mobile Display Ad Network), BV +5.3% (enters into letter of intent with Viewpoints to divest PowerReviews Business), MNGA +3.9% (MagneGas Files New Patent for Binding MagneGas to Hydrocarbon Fuels), HAR +2.4% (following positive MadMoney mention), GIMO +2.3% (modestly rebounding), AUDC +2.2% (announces approval of a 3-Year NIS100 mln plan by Israeli Chief Scientist to establish new cloud computing R&D center), FEYE +2.2% (still checking for anything specific), ASML +1.6% (still checking), NOK +1.6% (still checking; yesterday Nokia's plan to sell its Devices and Services business to Microsoft receives regulatory approval in China), RARE +1.3% (following CEO's appearance on CNBC to discuss co's pipeline), BUD +1.3% (still checking), DEO +1.3% (still checking), FENG +0.7% (Point72 Asset Management discloses 5.7% passive stake in 13G filing), GOOG +0.5% (has signed deal with Room 77 to enter hotel booking business, according to reports), PVH +0.4% (announces minority investment in Karl Lagerfeld brand), IBM +0.3% (following positive MadMoney mention), SFLY +0.2% (Point72 Asset Management discloses 5.4% passive stake in 13G filing), PG +0.2% (following positive MadMoney mention), GPS +0.1% (Barron's positive on GPS).
Analyst comments: GTN +3.8% (upgraded to Outperform from Market Perform at Wells Fargo), SBGI +3% (Sinclair Broadcast upgraded to Outperform from Market Perform at Wells Fargo), ETFC +2.6% (upgraded to Neutral from Underperform at BofA/Merrill; tgt raised to $21 from $19), NMBL +2.1% (initiated with a Buy at Sterne Agee), YELP +1.1% (upgraded to Buy from Fair Value atCRT Capital; announced the availability of Yelp Japan), SDRL +0.9% (upgraded to Hold from Sell at Societe Generale), NXPI +0.4% (upgraded to Strong Buy from Outperform at Raymond James), CVX +0.1% (initiated with a Buy at Jefferies)
M&A related: K +0.7% (Bloomberg real M&A column discusses that K may be a possible takeover target by Warren Buffett).
Select mining stocks trading higher: BHP +1%, BBL +0.9%, MT +0.8%, .
Social media/tech names trading higher: LNKD +1.2%, YELP +1.6%, FB +1.2% (several articles out highlighting updates - India users, FTC approves acquisition of WhatsApp, ad pricing is up 10% in Q1 versus Q4 of 2013)
A few China internet names are trading higher: VIPS +3.1%, YOKU +2% (recently launched the beta version of an interactive entertainment platform), WBAI +1.3%, YY +1.2% (still checking), QIHU +1.2%
European telecom names modestly higher: VOD +1.4%, ORAN +1.2%, BT +1%
Other news: ZGNX +8.1% (provides update on legal action), LOCM +6.1% (Local Corporation Launches Mobile Display Ad Network), BV +5.3% (enters into letter of intent with Viewpoints to divest PowerReviews Business), MNGA +3.9% (MagneGas Files New Patent for Binding MagneGas to Hydrocarbon Fuels), HAR +2.4% (following positive MadMoney mention), GIMO +2.3% (modestly rebounding), AUDC +2.2% (announces approval of a 3-Year NIS100 mln plan by Israeli Chief Scientist to establish new cloud computing R&D center), FEYE +2.2% (still checking for anything specific), ASML +1.6% (still checking), NOK +1.6% (still checking; yesterday Nokia's plan to sell its Devices and Services business to Microsoft receives regulatory approval in China), RARE +1.3% (following CEO's appearance on CNBC to discuss co's pipeline), BUD +1.3% (still checking), DEO +1.3% (still checking), FENG +0.7% (Point72 Asset Management discloses 5.7% passive stake in 13G filing), GOOG +0.5% (has signed deal with Room 77 to enter hotel booking business, according to reports), PVH +0.4% (announces minority investment in Karl Lagerfeld brand), IBM +0.3% (following positive MadMoney mention), SFLY +0.2% (Point72 Asset Management discloses 5.4% passive stake in 13G filing), PG +0.2% (following positive MadMoney mention), GPS +0.1% (Barron's positive on GPS).
Analyst comments: GTN +3.8% (upgraded to Outperform from Market Perform at Wells Fargo), SBGI +3% (Sinclair Broadcast upgraded to Outperform from Market Perform at Wells Fargo), ETFC +2.6% (upgraded to Neutral from Underperform at BofA/Merrill; tgt raised to $21 from $19), NMBL +2.1% (initiated with a Buy at Sterne Agee), YELP +1.1% (upgraded to Buy from Fair Value atCRT Capital; announced the availability of Yelp Japan), SDRL +0.9% (upgraded to Hold from Sell at Societe Generale), NXPI +0.4% (upgraded to Strong Buy from Outperform at Raymond James), CVX +0.1% (initiated with a Buy at Jefferies)