Gapping up
In reaction to strong earnings/guidance: CVG +27%, (plans to acquire Stream for $820 Million; reaffirms EPS guidance of ~$1.10 vs $1.10 Capital IQ Consensus Est, reaffirms revs of $~$2.045 bln vs $2.046 bln consensus), CRAY +10.5%, SHLM +7.7%, SONC +3.9%, DLR +1.5%.
Financial related names showing strength: DB +2.7%, SAN +2.7%, IRE +2.2%, RBS +1.9%, ING +1.6%, BAC +0.8% (positive MadMoney mention), USB +0.5% (buying 100+ Charter One Chicago branches, according to Crain's).
Select solar stocks trading higher: YGE +3.4% (unit entered into an investment agreement for the establishment of a JV with China Rich Energy), CSIQ +1.6% ( Supplies 25.3 MW of Modules to Four North Carolina Solar Projects)
Select oil/gas related names showing strength: IOC +2.3%, BP +1.3%, HAL +1.3%, RDS.A +0.8%, TOT +0.5%.
3-D printing names higher: ONVO +3.2%, DDD +2.5% (3D Systems announces collaboration with Intel ), SSYS +2.4%
Other news: NBIX +63.9% ( announces positive results of VMAT2 inhibitor NBI-98854 in Kinect 2 study), STXS +37.5% (Completes Clinical Trial of Vdrive With V-Loop System), EPZM +34.1% (Epizyme and Celgene advance Advance EPZ-5676 DOT1L inhibitor clinical program; EPZM earns $25 mln milestone payment), GALE +13.5% (enrolls first patient in GALE-301 cancer immunotherapy Phase 2 clinical trial in ovarian cancer), VRS +11.5% (continued momentum), FRO +8.7% (still checking), PAL +7.8% (announces 2014 oper guidance; Targeting increased payable palladium production of 170-175K ounces. Underground production forecasted to gradually increase throughout the year from ~3,000 tonnes/day in the first half of the year, up to 5,000 tonnes per day by the end of 2014), PANW +7% (acquires Morta Security, terms not disclosed ), SD +7% (sells its Gulf of Mexico business, announces enhanced mid-continent growth strategy -- raises FY14 production guidance), USAT +6.7% (continued strength), MCP +4% (still checking), PSTI +3.3% (still checking), PLUG +2.5% (to Develop Fuel Cell Range Extenders for FedEx Express Electric Delivery Trucks), SIRI +1.6% (Barron's profiles view that Sirus XM offer by Liberty Media undervalues SIRI stock), MSFT +1.2% (acquires customer service software vendor Parature, according to reports), GOGO +1.1% (positive MadMoney mention), BBEP +0.8% (files for $200 mln mixed securities shelf offering), GK +0.8% (positive MadMoney mention), AMZN +0.7% (Amazon.com partners with Samsung (SSNLF), Warner Brothers, Liosgate (LGF), and others to offer 4K Ultra HD experience; reports out also indicate Amazon.com plans to expand into China cloud market), CELG +0.7% (Epizyme and Celgene advance Advance EPZ-5676 DOT1L inhibitor clinical program; EPZM earns $25 mln milestone payment; ABRAXANE plus gemcitabine receives European Marketing Authorization for first-line treatment of patients with metastatic pancreatic cancer), P +0.6% (following 14% move higher yesterday), TWTR +0.5% (Fidelity funds bought 2.4 mln shares in days after going public, according to Reuters report), CHKP +0.3% (up with PANW).
Analyst comments: GLUU +5.6% (upgraded to Buy from Hold at Craig Hallum), ABEV +4.6% (upgraded to Overweight at Morgan Stanley), LULU +2.8% (upgraded to Buy at DA Davidson; tgt raised to $73), WDAY +2.4% (Workday upgraded to Buy from Neutral at UBS), ACRX +1.7% (initiated with a Outperform at RBC Capital Mkts; tgt $15), MGM +1.4% ( upgraded to Overweight from Equal-Weight at Morgan Stanley ), LOGI +1.3% (upgraded to Equal Weight from Underweight at Barclays ), LMT +1.1% (upgraded to Buy from Neutral at BofA/Merrill), PRGO +1% (initiated with a Top Pick at RBC Capital Mkts), YUM +0.9% (upgraded to Top Pick at RBC Capital Mkts), JNJ +0.6% (upgraded to Outperform at RBC Capital Mkts;), MYL +0.3% (initiated with a Outperform atRBC Capital Mkts), UNH +0.3% (upgraded to Buy from Hold at Deutsche Bank)
Financial related names showing strength: DB +2.7%, SAN +2.7%, IRE +2.2%, RBS +1.9%, ING +1.6%, BAC +0.8% (positive MadMoney mention), USB +0.5% (buying 100+ Charter One Chicago branches, according to Crain's).
Select solar stocks trading higher: YGE +3.4% (unit entered into an investment agreement for the establishment of a JV with China Rich Energy), CSIQ +1.6% ( Supplies 25.3 MW of Modules to Four North Carolina Solar Projects)
Select oil/gas related names showing strength: IOC +2.3%, BP +1.3%, HAL +1.3%, RDS.A +0.8%, TOT +0.5%.
3-D printing names higher: ONVO +3.2%, DDD +2.5% (3D Systems announces collaboration with Intel ), SSYS +2.4%
Other news: NBIX +63.9% ( announces positive results of VMAT2 inhibitor NBI-98854 in Kinect 2 study), STXS +37.5% (Completes Clinical Trial of Vdrive With V-Loop System), EPZM +34.1% (Epizyme and Celgene advance Advance EPZ-5676 DOT1L inhibitor clinical program; EPZM earns $25 mln milestone payment), GALE +13.5% (enrolls first patient in GALE-301 cancer immunotherapy Phase 2 clinical trial in ovarian cancer), VRS +11.5% (continued momentum), FRO +8.7% (still checking), PAL +7.8% (announces 2014 oper guidance; Targeting increased payable palladium production of 170-175K ounces. Underground production forecasted to gradually increase throughout the year from ~3,000 tonnes/day in the first half of the year, up to 5,000 tonnes per day by the end of 2014), PANW +7% (acquires Morta Security, terms not disclosed ), SD +7% (sells its Gulf of Mexico business, announces enhanced mid-continent growth strategy -- raises FY14 production guidance), USAT +6.7% (continued strength), MCP +4% (still checking), PSTI +3.3% (still checking), PLUG +2.5% (to Develop Fuel Cell Range Extenders for FedEx Express Electric Delivery Trucks), SIRI +1.6% (Barron's profiles view that Sirus XM offer by Liberty Media undervalues SIRI stock), MSFT +1.2% (acquires customer service software vendor Parature, according to reports), GOGO +1.1% (positive MadMoney mention), BBEP +0.8% (files for $200 mln mixed securities shelf offering), GK +0.8% (positive MadMoney mention), AMZN +0.7% (Amazon.com partners with Samsung (SSNLF), Warner Brothers, Liosgate (LGF), and others to offer 4K Ultra HD experience; reports out also indicate Amazon.com plans to expand into China cloud market), CELG +0.7% (Epizyme and Celgene advance Advance EPZ-5676 DOT1L inhibitor clinical program; EPZM earns $25 mln milestone payment; ABRAXANE plus gemcitabine receives European Marketing Authorization for first-line treatment of patients with metastatic pancreatic cancer), P +0.6% (following 14% move higher yesterday), TWTR +0.5% (Fidelity funds bought 2.4 mln shares in days after going public, according to Reuters report), CHKP +0.3% (up with PANW).
Analyst comments: GLUU +5.6% (upgraded to Buy from Hold at Craig Hallum), ABEV +4.6% (upgraded to Overweight at Morgan Stanley), LULU +2.8% (upgraded to Buy at DA Davidson; tgt raised to $73), WDAY +2.4% (Workday upgraded to Buy from Neutral at UBS), ACRX +1.7% (initiated with a Outperform at RBC Capital Mkts; tgt $15), MGM +1.4% ( upgraded to Overweight from Equal-Weight at Morgan Stanley ), LOGI +1.3% (upgraded to Equal Weight from Underweight at Barclays ), LMT +1.1% (upgraded to Buy from Neutral at BofA/Merrill), PRGO +1% (initiated with a Top Pick at RBC Capital Mkts), YUM +0.9% (upgraded to Top Pick at RBC Capital Mkts), JNJ +0.6% (upgraded to Outperform at RBC Capital Mkts;), MYL +0.3% (initiated with a Outperform atRBC Capital Mkts), UNH +0.3% (upgraded to Buy from Hold at Deutsche Bank)