Gapping up
In reaction to strong earnings/guidance: SCSS +12.2%, HAWK +5%, NTCT +4.3%, PLXS +3.3%, SNA +3.3%, POOL +3.1%, URI +3%, BX +3%, CY +2.4%, SAP +2.3%, SHW +2.2%, MS +1.8%, BHI +1.5%, WNS +1.5%, NAVI +1.4%, PM +1.2%, EBAY +0.8%, PVTB +0.8%, UNH +0.6%, NEO +0.5%.
M&A news: DRC +14.2% (Siemens (SIEGY) considering bid for Dresser-Rand, according to overseas article in Manager Magazin).
Select metals/mining stocks trading higher: HK +3.6%, NFX +3%, HMY +1%, AU +0.6%, AUY +0.6%.
Other news: NEWL +23.1% (cont strength following yesterday's gains), RNWK +9.7% (initial move higher started after the close; looking around for catalyst), SLCA +2.2% (to acquire regional frac sand producer Cadre Services for $98 mln), HLF +1.8% (following Pershing Square's Ackman appearance at Alpha conference after the close ), MS +1.7% (Morgan Stanley may consider sale of Madrilena Red de Gas Finance BV for EUR 900 mln, according to reports out in late trade yesterday), MSFT +1.2% (confirms steps to simplify organizations and align devices strategy; steps will result in the elimination of up to 18K positions over the next year).
Analyst comments: AEZS +8.5% (initiated with a Buy at H.C. Wainwright ), HIVE +3.2% (initiated with a Buy at Buckingham Research), MTOR +1.6% (initiated with a Overweight at Piper Jaffray ), TWX +1.5% (upgraded to Buy from Neutral at Janney, upgraded to Buy from Neutral at Guggenheim), ENOC +0.9% (upgraded to Strong Buy at Needham), KED +0.7% (upgraded to Buy at Stifel),CAMP +0.7% (initiated with an Outperform at William Blair), TMO +0.7% (initiated with a Buy at Citigroup)
M&A news: DRC +14.2% (Siemens (SIEGY) considering bid for Dresser-Rand, according to overseas article in Manager Magazin).
Select metals/mining stocks trading higher: HK +3.6%, NFX +3%, HMY +1%, AU +0.6%, AUY +0.6%.
Other news: NEWL +23.1% (cont strength following yesterday's gains), RNWK +9.7% (initial move higher started after the close; looking around for catalyst), SLCA +2.2% (to acquire regional frac sand producer Cadre Services for $98 mln), HLF +1.8% (following Pershing Square's Ackman appearance at Alpha conference after the close ), MS +1.7% (Morgan Stanley may consider sale of Madrilena Red de Gas Finance BV for EUR 900 mln, according to reports out in late trade yesterday), MSFT +1.2% (confirms steps to simplify organizations and align devices strategy; steps will result in the elimination of up to 18K positions over the next year).
Analyst comments: AEZS +8.5% (initiated with a Buy at H.C. Wainwright ), HIVE +3.2% (initiated with a Buy at Buckingham Research), MTOR +1.6% (initiated with a Overweight at Piper Jaffray ), TWX +1.5% (upgraded to Buy from Neutral at Janney, upgraded to Buy from Neutral at Guggenheim), ENOC +0.9% (upgraded to Strong Buy at Needham), KED +0.7% (upgraded to Buy at Stifel),CAMP +0.7% (initiated with an Outperform at William Blair), TMO +0.7% (initiated with a Buy at Citigroup)