Gapping up
M&A related: K +1.1% (reports indicate Kellogg outbid PE firm for Bisco Misr - as expected), YHOO +0.3% (BI reported that YHOO considered SNI acquisition last year and is now looking into CNN purchase).
A few Euro financial related names showing modest strength: CS +3.7%, BBVA +2%, DB +1.4%, LYG +1.3%, ING +1.2%.
A few India ADRs are trading higher: SSLT +3.8%, IBN +3%, TTM +2.4% (discloses Dec sales update - total sales of commercial and passenger vehicles in December 2014 of 41,734 vehicles, an increase of 10% y/y )
Other news: SGOC +52.5% (announces sale of SGOCO (Fujian) Electonic Co to Apex Flourish Group), BCLI +19.7% (continued strength ahead of the release of final results from its phase 2a clinical trial of NurOwn in ALS on Monday, January 5), ARWR +8.4% (still checking; name is frequently the target of M&A speculation), CLF +5.3% ( concludes the sale of Logan County Coal and provides update on Bloom Lake; confirms that active production at Bloom Lake has completely ceased and the exit from Eastern Canada continued to be executed on schedule as previously announced ), VA +1.7% (positive analyst comments on CNBC this morning), NDRM +1.5% (continued strength), NOK +1.4% (still checking; co provided Stock Option Plan update), NXST +1.3% (Nexstar announced that it reached a new distribution agreement with Charter), CVEO +1.2% (JANA Partners closes stake in Civeo; JANA had an 11.5% stake as of October 24, 2014), CNC +1.1% (disclosed that its Superior HealthPlan subsidiary signed an agreement with the Texas Health and Human Services Commission providing for reimbursement of the Affordable Care Act annual Health Insurer Fee and related tax gross-up), GM +0.8% ( redeems all outstanding series a preferred shares), AAPL +0.7% (higher despite Business Insider detailing negative review on Apple Watch ), TWTR +0.7% and FB +0.7% (social network peers Snapchat valued at ~$10 bln), AA +0.7% (still checking), AMZN +0.7% (Times of India discusses that Amazon may introduce Prime service in country), IBM +0.2% (positive mention on FastMoney)
Analyst comments: BBBY +1.2% (upgraded to Buy from Hold at Canaccord Genuity), KITE +0.3% ( target raised to $71 from $34, maintain Outperform at Credit Suisse)
A few Euro financial related names showing modest strength: CS +3.7%, BBVA +2%, DB +1.4%, LYG +1.3%, ING +1.2%.
A few India ADRs are trading higher: SSLT +3.8%, IBN +3%, TTM +2.4% (discloses Dec sales update - total sales of commercial and passenger vehicles in December 2014 of 41,734 vehicles, an increase of 10% y/y )
Other news: SGOC +52.5% (announces sale of SGOCO (Fujian) Electonic Co to Apex Flourish Group), BCLI +19.7% (continued strength ahead of the release of final results from its phase 2a clinical trial of NurOwn in ALS on Monday, January 5), ARWR +8.4% (still checking; name is frequently the target of M&A speculation), CLF +5.3% ( concludes the sale of Logan County Coal and provides update on Bloom Lake; confirms that active production at Bloom Lake has completely ceased and the exit from Eastern Canada continued to be executed on schedule as previously announced ), VA +1.7% (positive analyst comments on CNBC this morning), NDRM +1.5% (continued strength), NOK +1.4% (still checking; co provided Stock Option Plan update), NXST +1.3% (Nexstar announced that it reached a new distribution agreement with Charter), CVEO +1.2% (JANA Partners closes stake in Civeo; JANA had an 11.5% stake as of October 24, 2014), CNC +1.1% (disclosed that its Superior HealthPlan subsidiary signed an agreement with the Texas Health and Human Services Commission providing for reimbursement of the Affordable Care Act annual Health Insurer Fee and related tax gross-up), GM +0.8% ( redeems all outstanding series a preferred shares), AAPL +0.7% (higher despite Business Insider detailing negative review on Apple Watch ), TWTR +0.7% and FB +0.7% (social network peers Snapchat valued at ~$10 bln), AA +0.7% (still checking), AMZN +0.7% (Times of India discusses that Amazon may introduce Prime service in country), IBM +0.2% (positive mention on FastMoney)
Analyst comments: BBBY +1.2% (upgraded to Buy from Hold at Canaccord Genuity), KITE +0.3% ( target raised to $71 from $34, maintain Outperform at Credit Suisse)