Gapping up
In reaction to strong earnings/guidance: BGI +10.4%, LEN +2%, BLK +1.3%, FAST +1.2%
M&A news: FISH +6.9% (FISH to acquire Legacy Gathering System for $162.5 mln From Azure Midstream Energy, and Marlin's General Partner to be acquired by Azure), EML +2.3% (The Eastern Company confirms approach from (SYNL) for possible acquisition of EML for $6.69 per share in cash and ~$12.43 in shares of Synalloy common stock; determines proposal is not is best interest of shareholders)
Select EU related names showing strength: OUBS +7.1%, LOGI +5.8%, SYT +4.8%, NVS +4.2%, ABB +3%, CS +2.6%, .
Select metals/mining stocks trading higher: HMY +7%, AG +6.6%, AU +5.6%, GOLD +4.9%, IAG +4.8%, AUY +4.8%, GDX +4.7%, AEM +4.5%, GG +4.4%, GFI +4.4%, SSRI +3.8%, SLW +3.6%
Other news: PPC +14.2% (announces special cash dividend of $5.77 per share), MUX +13.4% (reports record production in 2014;), PT +10.2% (still checking), NVEE +8.1% (selected by the City of Colorado Springs to provide professional engineering services ), FLML +5.2% (following nearly 40% drop yesterday), CDE +4.5% (nnounces fourth quarter production of 4.3 mln ounces of silver and 64,534 ounces of gold), WYY +3.4% ( has been awarded a contract by an existing federal agency customer for wireless Telecom Expense Management services), SWN +2.2% (prices upsized offerings of 26,086,957 shares of common stock and 30 mln Depositary Shares representing interests in Mandatory Convertible Preferred Stock), GPRO +1.7% (cont pre-mkt vol), ESLT+1.4% (awarded ~$117 mln in contracts to supply Command and Control, and Communications Systems to the Israeli Ministry of Defense), OKE +1.1% ((increased quarterly cash dividend by 3%, to $0.605/share from $0.59/share)), ADBE +0.9% (announces program to repurchase $2.0 billion of stock by end of fy2017)
Analyst comments: BHP +2.2% (upgraded to Buy from Neutral at Goldman -- Added to Conviction Buy List), MGI +2% (upgraded to Overweight from Neutral at JP Morgan), KRFT +1.7% (upgraded to Buy from Neutral at Goldman -- Added to Conviction Buy List), YELP +1.6% (upgraded to Hold form Sell at Evercore ISI), GLW +1.2% (upgraded to Overweight from Neutral at JP Morgan), CF +1.1% (upgraded to Buy from Neutral at Goldman), GPN +0.9% (upgraded to Overweight from Neutral at JP Morgan)
In reaction to strong earnings/guidance: BGI +10.4%, LEN +2%, BLK +1.3%, FAST +1.2%
M&A news: FISH +6.9% (FISH to acquire Legacy Gathering System for $162.5 mln From Azure Midstream Energy, and Marlin's General Partner to be acquired by Azure), EML +2.3% (The Eastern Company confirms approach from (SYNL) for possible acquisition of EML for $6.69 per share in cash and ~$12.43 in shares of Synalloy common stock; determines proposal is not is best interest of shareholders)
Select EU related names showing strength: OUBS +7.1%, LOGI +5.8%, SYT +4.8%, NVS +4.2%, ABB +3%, CS +2.6%, .
Select metals/mining stocks trading higher: HMY +7%, AG +6.6%, AU +5.6%, GOLD +4.9%, IAG +4.8%, AUY +4.8%, GDX +4.7%, AEM +4.5%, GG +4.4%, GFI +4.4%, SSRI +3.8%, SLW +3.6%
Other news: PPC +14.2% (announces special cash dividend of $5.77 per share), MUX +13.4% (reports record production in 2014;), PT +10.2% (still checking), NVEE +8.1% (selected by the City of Colorado Springs to provide professional engineering services ), FLML +5.2% (following nearly 40% drop yesterday), CDE +4.5% (nnounces fourth quarter production of 4.3 mln ounces of silver and 64,534 ounces of gold), WYY +3.4% ( has been awarded a contract by an existing federal agency customer for wireless Telecom Expense Management services), SWN +2.2% (prices upsized offerings of 26,086,957 shares of common stock and 30 mln Depositary Shares representing interests in Mandatory Convertible Preferred Stock), GPRO +1.7% (cont pre-mkt vol), ESLT+1.4% (awarded ~$117 mln in contracts to supply Command and Control, and Communications Systems to the Israeli Ministry of Defense), OKE +1.1% ((increased quarterly cash dividend by 3%, to $0.605/share from $0.59/share)), ADBE +0.9% (announces program to repurchase $2.0 billion of stock by end of fy2017)
Analyst comments: BHP +2.2% (upgraded to Buy from Neutral at Goldman -- Added to Conviction Buy List), MGI +2% (upgraded to Overweight from Neutral at JP Morgan), KRFT +1.7% (upgraded to Buy from Neutral at Goldman -- Added to Conviction Buy List), YELP +1.6% (upgraded to Hold form Sell at Evercore ISI), GLW +1.2% (upgraded to Overweight from Neutral at JP Morgan), CF +1.1% (upgraded to Buy from Neutral at Goldman), GPN +0.9% (upgraded to Overweight from Neutral at JP Morgan)