Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- ADTN +6.4%
- TEVA +5.3%, (raises Q2 revs, EPS guidance ahead of next week's full release )
M&A news:
- IMPR +32.8% (to be acquired by Thoma Bravo for $19.25 per share in cash)
- GNC +6.3% (renewed M&A speculation circulates)
- GG +1.7% (Kaminak received securityholder approval of acquisition by Goldcorp)
Select metals/mining stocks trading higher: SBGL +4.4%, MT +3.6%, AG +3%, AG +2.9%, BBL +2.8%, ABX +2.8%,ABX +2.6%, AKS +2.6%, GFI +2.5%, HMY +2.3%, BHP +2.1%, SLW +2.1%, RIO +1.9%, GDX +1.8%, CLF +1.8%, GOLD+1.7%, NEM +1.7%, SLV +1.6%, NEM +1.5%
Other news:
Other news:
- JUNO +23.1% (to resume JCAR015 Phase II ROCKET trial after FDA removes clinical hold)
- KITE +7.5% (JUNO sympathy)
- GORO +7.1% (reports prelim production results for the second quarter ended June 30 of ~10,011 ounces of gold, 572,500 ounces of silver and significant base metals; maintains its 2016 Annual Outlook)
- NOK +4.8% (Nokia and Samsung (SSNLF) expand patent cross license agreement; Nokia expects a positive impact to the net sales starting Q3)
- JBLU +2.7% (reported its preliminary traffic results for June 2016. Traffic in June increased 11.6% from June 2015, on a capacity increase of 10.5%)
- ORN +1.3% (commercial concrete segment TAS Commercial Concrete was recently awarded $21 mln contract )
Analyst comments:
- P +4.8% (upgraded to Overweight from Neutral at Piper Jaffray)
- REN +4.3% (upgraded to Equal Weight from Underweight at Barclays)
- WLL +3.2% (upgraded to Outperform from Neutral at Credit Suisse)
- OAS +2.5% (upgraded to Buy from Neutral at Ladenburg Thalmann)