Gapping up
In reaction to earnings/guidance: DLTH +10%
M&A news: AFOP +19.7% (Alliance Fiber Optic to be acquired by Corning (GLW) for $18.50 per share; Corning expects the acquisition to be accretive to its earnings per share during the first year; AFOP issues Q1 rev guidance), NXPI +2.4% (attributed to report that company might sell standard products unit), YHOO +1.2% (Re Code reports that Yahoo (YHOO) has extended deadline for bidders 1 week to April 18)
Select EU financial related names showing strength: DB +3.6%, CS +3.1%, SAN +3%, BCS +2.5%, ING +1.9%
Select metals/mining stocks trading higher: FCX +2.8%, RIO +2.7%, RIO +2.7%, BBL +2.4%, BHP +2%, AA +1.8%
Select oil/gas related names showing early strength: OAS +7.4%, WLL +4.6%, SDRL +4.2%, CHK +3.3%, MRO+2.7%, RIG +2.3%, RIG +2.3%, RDS.A +2.2%, E +2%, BP +2%, TOT +1.8%, BHI +1.4%
Other news: AVXL +16.5% (granted orphan designation by the FDA for its 1-3-propan-1-one compound for the treatment of frontotemporal dementia), DEPO +11% (Starboard discloses 9.8% active stake, believes that meaningful change is required to ensure DepoMed is acting in the best interest of all shareholders), ICPT +6.1% (confirms an FDA Advisory Committee unanimously recommended accelerated approval of Ocaliva for the treatment of PBC), SUNE +5.5% (continued strength, short-covering), ABMD +4.5% (receives FDA Pre-Market Approval for its heart pumps to provide treatment of ongoing cardiogenic shock), MRCY +1.8% (prices 4.5 mln shares of its common stock at $19.25 per share), CNAT +1.5% (in sympathy to ICPT), SCTY +0.9% (closes second financing within its renewable energy tax equity program), .
Analyst comments: N/A
In reaction to earnings/guidance: DLTH +10%
M&A news: AFOP +19.7% (Alliance Fiber Optic to be acquired by Corning (GLW) for $18.50 per share; Corning expects the acquisition to be accretive to its earnings per share during the first year; AFOP issues Q1 rev guidance), NXPI +2.4% (attributed to report that company might sell standard products unit), YHOO +1.2% (Re Code reports that Yahoo (YHOO) has extended deadline for bidders 1 week to April 18)
Select EU financial related names showing strength: DB +3.6%, CS +3.1%, SAN +3%, BCS +2.5%, ING +1.9%
Select metals/mining stocks trading higher: FCX +2.8%, RIO +2.7%, RIO +2.7%, BBL +2.4%, BHP +2%, AA +1.8%
Select oil/gas related names showing early strength: OAS +7.4%, WLL +4.6%, SDRL +4.2%, CHK +3.3%, MRO+2.7%, RIG +2.3%, RIG +2.3%, RDS.A +2.2%, E +2%, BP +2%, TOT +1.8%, BHI +1.4%
Other news: AVXL +16.5% (granted orphan designation by the FDA for its 1-3-propan-1-one compound for the treatment of frontotemporal dementia), DEPO +11% (Starboard discloses 9.8% active stake, believes that meaningful change is required to ensure DepoMed is acting in the best interest of all shareholders), ICPT +6.1% (confirms an FDA Advisory Committee unanimously recommended accelerated approval of Ocaliva for the treatment of PBC), SUNE +5.5% (continued strength, short-covering), ABMD +4.5% (receives FDA Pre-Market Approval for its heart pumps to provide treatment of ongoing cardiogenic shock), MRCY +1.8% (prices 4.5 mln shares of its common stock at $19.25 per share), CNAT +1.5% (in sympathy to ICPT), SCTY +0.9% (closes second financing within its renewable energy tax equity program), .
Analyst comments: N/A