>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance:
  • GES +17.8%, TLYS +14.4%, WDAY +8.9%, EDAP +7.4%, SFUN +6.9%, TIF +4.3%, CRH +4.1%, SDRL +4%
  • BURL +3.8%, PDCO +3.2%, REX +2.1%, HEI +1.2%, WSM +0.8%, PVH +0.5%
M&A news:
  • PTX +7.6% (ticking higher; stock has been mentioned in takeover speculation earlier this week)
  • KZ +3.6% (receives a revised non-binding proposal letter to be acquired for $7.18/share in cash), .
Select metals/mining stocks trading higher: MUX +1.9%, GFI +1.8%, AU +0.9%, AG +0.6%, GOLD +0.5%, AUY +0.5%

Other news:
  • XCOM +23% (after closing more than 50% higher on the day Wednesday)
  • NYMX +15.5% (after closing more than 80% higher on the day Wednesday)
  • PBMD +11.6% (receives European patent grants for its IMP731 antibody)
  • BLDP +10.6% (received notification from the U.S. Department of Commerce that its family of fuel cell propulsion systems are now designated as EAR99 compliant, creating a path for commercial export and deployment in a variety of civilian unmanned vehicle applications)
  • MNGA +6.6% (announces that the Pinellas County Fire Department's teams of emergency responders have chosen MagneGas2, and the MagneTote as their preferred metal cutting tool)
  • TOPS +4.3% (after 20% move higher Wednesday)
  • CSIQ +3.6% (in sympathy with peer SFUN (earnings))
  • MYL +3.3% (announces that the EMA has accepted for review Mylan's Marketing Authorization Application for a proposed biosimilar Trastuzumab; also announces initiatives to ease access to EpiPens)
  • HMY +3% (announced that an application for a special mining lease for the Wafi-Golpu project was submitted today to the Mineral Resources Authority in Papua New Guineag)
  • SEED +2.4% (continued strength after strong move yesterday)
  • BLRX +2.1% (establishes JV with I-Bridge Capital, a Chinese venture capital fund focused on developing innovative therapies in China)
  • GEO +1.3% (Geo Group executes Letter of Offer with HSBC Bank Australia providing for a bank guarantee line and bank guarantee/standby sub-facility in an aggregate amount of $76.8 mln )
  • VRX +1% (continued strength)
  • CRM +0.9% (following WDAY results)
Analyst comments:
  • NFLX +1.4% (upgraded to Outperform from Market Perform at William Blair)
  • RIG +0.7% (upgraded to Neutral from Sell at Citigroup)
  • CREE +0.5% (initiated with a Buy at ROTH Capital)