Gapping up
In reaction to strong earnings/guidance: RYN +10.2% (announces Plan to Separate into Two Industry-Leading Public Companies), CAT +6.3%, AEP +2.2%, WPC +0.3%, (announces Stockholder Approval of merger with Corporate Property Associates 16; guides FY14).
Select metals/mining stocks trading higher: RIO +2.2%, BBL +2.2%, BHP +1.6%, MT +1.4%
CAT peers lifting premkt: JOY +4.3%, MTW +2.2%, DE +1.7%, AGCO +0.8%.
Brazil names trading higher: TSU +2.8%, BRFS +1.9%, ITUB +1.6%, BBVA +1.5%, SAN +1.3%, PBR +1.2%
Other news: ARIA +5.7% (continued strength), JOY +4.4% (following CAT results), HIMX +3.9% (positive MadMoney mention), URBN +3.6% ( may be attributed to positive Barron's mention), ZHNE +3.4% (modestly rebounding), ALU +3.4% and NOK +2.8% (still checking), GTAT +3.4% (reports out indicate iPhone 6 potential use of solar power Sapphire glass), ERIC +2.9% (LM Ericsson and Samsung reach agreement on licensing terms), YRCW +2.2% ( Teamsters at YRCW approve agreement aimed at saving 30,000 jobs; plan will provide pathway for substantial debt reduction, refinancing ), SIRO +2% ( set to join the S&P MidCap 400), BUD +1.6% (still checking), SAP +1.6% (Reuters discusses comments from Sap (SAP) chief that company may be looking at large acquisitions), CCL +1.5% (still checking), SIG +0.6% (releases statement on shareholder communications), DB +0.5% (may be attributed to positive Barron's mention), DEO +0.4% (acquires super-premium tequila brand Peligroso).
Analyst comments: BTU +1.4% (upgraded to Neutral from Underperform at BofA/Merrill), POT +1.4% (upgraded to Outperform from Market Perform at Raymond James ), MRK +1.2% (upgraded to Overweight from Equal Weight at Morgan Stanley)
Select metals/mining stocks trading higher: RIO +2.2%, BBL +2.2%, BHP +1.6%, MT +1.4%
CAT peers lifting premkt: JOY +4.3%, MTW +2.2%, DE +1.7%, AGCO +0.8%.
Brazil names trading higher: TSU +2.8%, BRFS +1.9%, ITUB +1.6%, BBVA +1.5%, SAN +1.3%, PBR +1.2%
Other news: ARIA +5.7% (continued strength), JOY +4.4% (following CAT results), HIMX +3.9% (positive MadMoney mention), URBN +3.6% ( may be attributed to positive Barron's mention), ZHNE +3.4% (modestly rebounding), ALU +3.4% and NOK +2.8% (still checking), GTAT +3.4% (reports out indicate iPhone 6 potential use of solar power Sapphire glass), ERIC +2.9% (LM Ericsson and Samsung reach agreement on licensing terms), YRCW +2.2% ( Teamsters at YRCW approve agreement aimed at saving 30,000 jobs; plan will provide pathway for substantial debt reduction, refinancing ), SIRO +2% ( set to join the S&P MidCap 400), BUD +1.6% (still checking), SAP +1.6% (Reuters discusses comments from Sap (SAP) chief that company may be looking at large acquisitions), CCL +1.5% (still checking), SIG +0.6% (releases statement on shareholder communications), DB +0.5% (may be attributed to positive Barron's mention), DEO +0.4% (acquires super-premium tequila brand Peligroso).
Analyst comments: BTU +1.4% (upgraded to Neutral from Underperform at BofA/Merrill), POT +1.4% (upgraded to Outperform from Market Perform at Raymond James ), MRK +1.2% (upgraded to Overweight from Equal Weight at Morgan Stanley)