Gapping up
In reaction to strong earnings/guidance: PRGS +10.8%, AMED +8.2%, FINL +5.7%, AZZ +5.5%, NKE +2.8%, KBH +1.7%.
M&A news: LBTYA +1.1% (announce recommended public offer for all issued and outstanding ordinary shares of Ziggo not yet owned by Liberty Global), EXPE +0.8% (announced agreement to purchase Auto Escape Group, a European care rental reservation company; terms not disclosed).
Other news: AWRE +17.1% (declared special cash dividend of $1.75 per share), MTW +9.2% (the target of shareholder activist Relational Investor, according to NYTimes Dealbook), DRRX +3.8% (secures $20 mln debt financing), ECA +2.5% (reaches agreement to sell Bighorn assets to Jupiter Resources for ~ $1.8 bln), GPRO +1.9% (follow through after yesterday's IPO), BCS +1.8% (Some banks withdrawing from BCS dark pool, according to reports), TEX +1.4% (trading higher in sympathy with MTW), APP +1.4% (denies speculation that lender declared default, according to WWD), QEP +1.2% (filed Form 10 registration statement for spin-off of midstream business), DSGX +1.1% (prices 9.5 mln common shares at a price of $13.50 per share).
Analyst comments: AMPE +10.4% (initiated with a Buy at Jefferies), DRWI +4.7% (upgraded to Sector Outperform from Sector Perform at CIBC Wrld Mkts), BRKS +3.3% (upgraded to Buy at Stifel), SXC +3.2% (added to Conviction Buy list at Goldman), YRCW +3% (upgraded to Buy from Hold at BB&T Capital Mkts), ANF +2.2% (target raised to $60 from $50 at Jefferies), GMCR +1.6% (upgraded to Buy from Hold at Argus), MPEL +1.4% (initiated with a Buy at Buckingham Research), MGM +1% (initiated with a Buy at Buckingham Research), SLXP +1% (initiated with a Buy at Canaccord Genuity), FUL +0.9% (upgraded to Buy from Hold at Deutsche Bank )
In reaction to strong earnings/guidance: PRGS +10.8%, AMED +8.2%, FINL +5.7%, AZZ +5.5%, NKE +2.8%, KBH +1.7%.
M&A news: LBTYA +1.1% (announce recommended public offer for all issued and outstanding ordinary shares of Ziggo not yet owned by Liberty Global), EXPE +0.8% (announced agreement to purchase Auto Escape Group, a European care rental reservation company; terms not disclosed).
Other news: AWRE +17.1% (declared special cash dividend of $1.75 per share), MTW +9.2% (the target of shareholder activist Relational Investor, according to NYTimes Dealbook), DRRX +3.8% (secures $20 mln debt financing), ECA +2.5% (reaches agreement to sell Bighorn assets to Jupiter Resources for ~ $1.8 bln), GPRO +1.9% (follow through after yesterday's IPO), BCS +1.8% (Some banks withdrawing from BCS dark pool, according to reports), TEX +1.4% (trading higher in sympathy with MTW), APP +1.4% (denies speculation that lender declared default, according to WWD), QEP +1.2% (filed Form 10 registration statement for spin-off of midstream business), DSGX +1.1% (prices 9.5 mln common shares at a price of $13.50 per share).
Analyst comments: AMPE +10.4% (initiated with a Buy at Jefferies), DRWI +4.7% (upgraded to Sector Outperform from Sector Perform at CIBC Wrld Mkts), BRKS +3.3% (upgraded to Buy at Stifel), SXC +3.2% (added to Conviction Buy list at Goldman), YRCW +3% (upgraded to Buy from Hold at BB&T Capital Mkts), ANF +2.2% (target raised to $60 from $50 at Jefferies), GMCR +1.6% (upgraded to Buy from Hold at Argus), MPEL +1.4% (initiated with a Buy at Buckingham Research), MGM +1% (initiated with a Buy at Buckingham Research), SLXP +1% (initiated with a Buy at Canaccord Genuity), FUL +0.9% (upgraded to Buy from Hold at Deutsche Bank )