Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- PSTG +12.4%, EPAY +8.5%, (also announces $60 mln stock repurchase program), UEPS +6.7%, QURE +3.2%, ADSK+2.8%
M&A news: BUD +0.9% (Bloomberg reports that In Bev (BUD) is planning to eliminate 5500 jobs following Sabmiller (SBMRY) deal)
Select metals/mining stocks trading higher:
Select metals/mining stocks trading higher:
- CDE +3.1%, AU +3%, AG +3%, AG +2.7%, KGC +2.5%, SLW +2%, ABX +1.7%, RIO +1.6%, GOLD +1.4%, NEM+1.4%, GDX +1.3%, BBL +1.2%, SLV +1%
Other news:
- DVD +18.1% (thinly traded, Dover Motorsports to sell its Nashville Superspeedway facility to an entity owned by Panattoni Development)
- JMU +15.1% (Wowo states that its business scale does not include P2P financing and P2P internet lending service and announces Xiao Nan Guo Restaurants will acquire 9.82% stake at $6.00/share )
- WCIC +6.2% (light volume, to join S&P SmallCap 600)
- LEI +5.8% (Lucas Energy enters into agreement with its senior lender, plans to use the funds to participate in the drilling and completion of certain Eagle Ford wells under a joint operating agreement with Lonestar Resources)
- NLS +5.3% (to join S&P SmallCap 600)
- TGTX +5.1% (confirms Orphan Drug Designation for TG-1101 for the treatment of neuromyelitis optica & neuromyelitis optica spectrum disorder)
- BOFI +3.6% (modestly pulling back following yesterday's advance)
- WNR +2.3% (CEO disclosed purchase of 100K shares)
- NYMX +2.2% (continued strength)
- XONE +2% (CEO disclosed purchase of 7,200 shares worth abt $103K (transaction date 8/24) )
- ON +1.9% (Littelfuse to acquire the product portfolio of transient voltage suppression diodes, switching thyristors and insulated gate bipolar transistorsfor automotive ignition applications from ON Semiconductor for $104 mln; ON Semiconductor confirms FTC clearance of its pending acquisition of Fairchild Semiconductor)
- GLAD +1.9% (insider purchase by President, R. Marcotte, who bought 6K shares worth abt $51K)
Analyst comments:
- PQ +30.1% (upgraded to Buy at Johnson Rice)
- PBR +1.3% (upgraded to Neutral from Underperform at Credit Suisse)