>>> US Gapping up


Gapping up
In reaction to strong earnings/guidance
:

  • LEN +1.4%

M&A news:

  • SUN +1.2% (to purchase certain assets from Superior Plus Corporation for approximately $40 million plus working capital adjustments)

Other news:

  • LBY +7.1% (after closing +17% on the day)
  • XNET +1.1% (received a National Content Delivery Network Business Operating License from the Ministry of Industry and Information Technology of the People's Republic of China)
  • HCC +0.8% (declares special cash dividend of $6.53/share)

Analyst comments:

  • SENS +3.3% (initiated with Buy and $6 tgt at Guggenheim)
  • GFI +1.6% (upgraded to Sector Perform from Underperform at RBC Capital Mkts)