>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:
  • DAL +1.9%, FAST +1.3%
Select Airline stocks trading higher in sympathy with DAL:
  • JBLU +1.8%, UAL +1.5%, LUV +1.3%, AAL +1%
Other news:
  • CASI +28.4% (Director discloses the purchase of 200K shares)
  • ATHX +24.7% (Athersys and Nikon CeLL innovation to collaborate on multistem commercial manufacturing in Japan)
  • MBRX +8.5% (enters into an agreement to collaborate with the University of Bergen to expand research on inhibition of brain metastasis by Moleculin's pre-clinical drug WP1066)
  • BTX +8.5% (reports that an investigator-led clinical trial has successfully treated its first patient in a study of Premvia)
  • SLNO +5.5% (issued new U.S. patent related to the use of pharmaceutical formulations of diazoxide)
  • EARS +3.2% (executes two share purchase agreements for up to $15 mln with Lincoln Park Capital)
  • NBEV +2.2% (announced the expansion of Aspen Pure Probiotic throughout the more than 2,000 Ahold Delhaize (ADRNY) banner stores across 23 states)
  • UVE +1.5% (UPCIC anticipates Q3 gross losses relating to Hurricane Irma will be $350-450 million; expects to recognize net pre-tax losses of only $35 million)
  • ANAB +0.9% (files for 3 mln share common stock offering)
Analyst comments:
  • RRC +3.3% (upgraded to Overweight from Underweight at Barclays)
  • ANGI +2.7% (initiated with a Buy at Goldman)
  • PYPL +1.4% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
  • TOUR +1.2% (initiated with a Outperform at Credit Suisse)
  • CL +1% (upgraded to Buy from Hold at SunTrust)
  • ABBV +0.9% (upgraded to Outperform from Market Perform at Cowen)
  • V +0.6% (upgraded to Outperform from Market Perform at Wells Fargo)
  • JNJ +0.5% (upgraded to Buy from Hold at Jefferies)