>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
: VCRA +22.2%, CLD +18.1%, SSE +14.2%, INFN +13.4%, PEGA +9.4%, SLCA +9.2%, SONS +6.4%, WNC +6.3%, CSS +6%, BBSI +5.2%, AAC +5%, WCIC +4.5%, LVLT +4.3%, TRU +4.2%, BSX +4%, BLDP +4%, MDLZ +4%, ZLTQ +3.9%, CKH +3.8%, IPHI +3.6%, RGC +3.1%, VDSI +3.1%, GNRC +3.1%, EXAC +2.9%, NOV+2.9%, BXMT +2.8%, LFUS +2.8%, NSC +2.8%, NVMI +2.6%, RSYS +2.2%, RRTS +2.2%, ATRC +2.1%, GD +2.1%, HLT +1.9%, VLO +1.9%, VLO +1.7%, ETH +1.5%, AAPL +1.4%, NMIH +1.3%, CNI +1.1%, (will purchase common shares under specific share repurchase plans during the term of its Normal Course Issuer Bid for up to $33 mln common shares )

M&A news: CBI +14% (to sell all outstanding equity interests in its nuclear construction business to Westinghouse Electric Company LLC for $229 mln; co will incur $1.0-1.2 bln charge; provided mixed Q3 guidance), DMND +5.8% (to be acquired by Snyder's-Lance (LNCE) for ~$1.91 bln), BT +3.2% (The Competition and Markets Authority has provisionally cleared BT's anticipated acquisition of EE Limited), BUD +1.5% (SABMiller plc and Anheuser-Busch InBev (BUD) announce an extension of deadline for BUD to make a formal offer from today until November 4)

Select metals/mining stocks trading higher: AG +3.6%, SAND +2.2%, NEM +1.8%, GFI +1.4%, GDX +1.4%, ABX +1.3%, CLF +1.1%

Other news: WGBS +6.3% (receives a notice of patent grant and allowance for methods and systems utilizing multi-well chips), NOC +5.2% ( awarded Air Force contract for the Long Range Strike Bomber, also reported earnings), ABCB +4% (to replace MKTX in the S&P SmallCap 600), CORE +2.9% (signed a five year supply agreement to service ~900 7-Eleven stores in three western regions), RRTS +2.2% (following 40%+ move lower yesterday), ASML +2.2% (AAPL supplier), SWKS +2.1% (AAPL supplier), ARMH +1.9% (AAPL supplier), GHL +1.8% (CEO disclosed purchase of 202.5K shares, worth total of $5.04 mln ), HUN +1.2% (authorizes an accelerated share repurchase agreement to repurchase $100 mln of its common stock), GPRO +1.2% (slightly higher pre-mkt following yesterday's decline)

Analyst comments: BABA +1.1% (target raised to $95 at RBC Capital Mkts), AIXG +0.5% (upgraded to Hold at Kepler)