Gapping up
In reaction to strong earnings/guidance: SWKS +8.9%, ERIC +7.6%, RECN +3.6%, WAL +2.8%, GOOG +2.5%, CE +2.4%, FHN +1.5%, MATW +1.1%, IPG +1.1%, GE +0.8%, LH +0.8%, GRT +0.7%.
M&A news: GTIV +10.9% (Gentiva Health Svcs Board of Directors unanimously rejects Kindred's amended partial tender offer; Announces receipt of alternative proposal at $17.25 per share).
Other news: USU +7.5% (light volume following 22%+ move higher yesterday), ALU +5.4% (related to ERIC earnings), PBR +4% (extending yesterday afternoon's move higher), PRAN +2.8% (provides update on its clinical development program for Alzheimer's disease; confirmed the top line finding that there is a very promising trend towards the preservation of brain volume (as measured by MRI) in PBT2 treated patients compared to placebo patients), RFMD +2.6% (following SWKS results), NOK +2.6% (related to ERIC earnings), AZN +1.3% (may be attributed to SHPG/ABBV deal announced), SWC +1.2% (reported production of palladium and platinum from the Company's Montana mine operations totaled 126,400 ounces in Q2 compared with total mine production of 131,500 in the same period of 2013), TOT +1.1% (recent strength in oil), ABG +1% (increased total share repurchase authorization to $100 mln), AMZN +0.6% (introduces Kindle Unlimited which offers unlimited reading and listening on any device for $9.99 a month), SYY +0.5% (settled with the State of California all claims related to its past use of drop sites in the state for $19.4 mln), AAPL +0.5% (iPhone 6 to start mass production this month, according to reports), .
Analyst comments: BX +2.4% (target raised to $41 at RBC Capital Mkts), AMH +1.1% (upgraded to Strong Buy from Outperform at Raymond James), KONA +0.9% (initiated with a Outperform at Wedbush), ANDE +0.7% (upgraded to Buy from Hold at BB&T Capital Mkts
)
In reaction to strong earnings/guidance: SWKS +8.9%, ERIC +7.6%, RECN +3.6%, WAL +2.8%, GOOG +2.5%, CE +2.4%, FHN +1.5%, MATW +1.1%, IPG +1.1%, GE +0.8%, LH +0.8%, GRT +0.7%.
M&A news: GTIV +10.9% (Gentiva Health Svcs Board of Directors unanimously rejects Kindred's amended partial tender offer; Announces receipt of alternative proposal at $17.25 per share).
Other news: USU +7.5% (light volume following 22%+ move higher yesterday), ALU +5.4% (related to ERIC earnings), PBR +4% (extending yesterday afternoon's move higher), PRAN +2.8% (provides update on its clinical development program for Alzheimer's disease; confirmed the top line finding that there is a very promising trend towards the preservation of brain volume (as measured by MRI) in PBT2 treated patients compared to placebo patients), RFMD +2.6% (following SWKS results), NOK +2.6% (related to ERIC earnings), AZN +1.3% (may be attributed to SHPG/ABBV deal announced), SWC +1.2% (reported production of palladium and platinum from the Company's Montana mine operations totaled 126,400 ounces in Q2 compared with total mine production of 131,500 in the same period of 2013), TOT +1.1% (recent strength in oil), ABG +1% (increased total share repurchase authorization to $100 mln), AMZN +0.6% (introduces Kindle Unlimited which offers unlimited reading and listening on any device for $9.99 a month), SYY +0.5% (settled with the State of California all claims related to its past use of drop sites in the state for $19.4 mln), AAPL +0.5% (iPhone 6 to start mass production this month, according to reports), .
Analyst comments: BX +2.4% (target raised to $41 at RBC Capital Mkts), AMH +1.1% (upgraded to Strong Buy from Outperform at Raymond James), KONA +0.9% (initiated with a Outperform at Wedbush), ANDE +0.7% (upgraded to Buy from Hold at BB&T Capital Mkts
)