Gapping up
In reaction to strong earnings/guidance: THLD +29.7%, AU +8.6%, RYAAY +8.6%, MNDO +5%, ARNA +3.2%, INN +3.1%, PDII +1.6%, L +1.5%, BWP +1.1%, EEP +0.9%, SYY +0.7%
M&A news: SAPE +42.3% (Publicis (PUBGY) to acquire Sapient (SAPE) for $25 per share, or $3.7 bln in cash), CVD +29.5% (LabCorp (LH) to acquire Covance for ~$5.6 bln, or $105.12 per share), FUEL +8.1% (Barron's report suggesting name as Facebook (FB) takeover target), OIBR +7.5% (Altice announces it has made an offer for Portugal Telecom (PT) from Oi (OIBR)), PT +5.5% (Altice announces it has made an offer for Portugal Telecom), RCAP +1.2% (terminates agreement to acquire American Realty Capital's (ARCP) Cole Capital)
Select mining stocks trading higher: XCO +4.9%, GFI +3.1%, AUY +3%, GOLD +3%, IAG +2.1%, PAAS +1.3%, GDX +1.2%, EGO +1.1%
Other news: GERN +29.1% (announces removal of full clinical hold on Imetelstat IND), HOLX +3.1% (CMS issued ruling on 2015 reimbursement rates), PLUG +2.8% (positive Barron's mention), LCI +2.3% (announces positive FDA inspection results), ALU +2% (still checking), HLF +1.6% (to settle class action lawsuit, denies any liability), ISIS +1% (earned a $5 mln milestone payment from GSK (GSK) related to the designation of ISIS-GSK5Rx), RENN +0.9% (Sohu (SOHU) to purchase 56.com from Renren, according to reports out Friday)
Analyst comments: ICL +2.1% (initiated with an Overweight at Barclays), RGLD +1.5% (upgraded to Buy from Neutral at Goldman), SPW +0.7% (upgraded to Outperform from Neutral at Wedbush), TJX +0.7% (upgraded to Outperform from Neutral at Wedbush)
In reaction to strong earnings/guidance: THLD +29.7%, AU +8.6%, RYAAY +8.6%, MNDO +5%, ARNA +3.2%, INN +3.1%, PDII +1.6%, L +1.5%, BWP +1.1%, EEP +0.9%, SYY +0.7%
M&A news: SAPE +42.3% (Publicis (PUBGY) to acquire Sapient (SAPE) for $25 per share, or $3.7 bln in cash), CVD +29.5% (LabCorp (LH) to acquire Covance for ~$5.6 bln, or $105.12 per share), FUEL +8.1% (Barron's report suggesting name as Facebook (FB) takeover target), OIBR +7.5% (Altice announces it has made an offer for Portugal Telecom (PT) from Oi (OIBR)), PT +5.5% (Altice announces it has made an offer for Portugal Telecom), RCAP +1.2% (terminates agreement to acquire American Realty Capital's (ARCP) Cole Capital)
Select mining stocks trading higher: XCO +4.9%, GFI +3.1%, AUY +3%, GOLD +3%, IAG +2.1%, PAAS +1.3%, GDX +1.2%, EGO +1.1%
Other news: GERN +29.1% (announces removal of full clinical hold on Imetelstat IND), HOLX +3.1% (CMS issued ruling on 2015 reimbursement rates), PLUG +2.8% (positive Barron's mention), LCI +2.3% (announces positive FDA inspection results), ALU +2% (still checking), HLF +1.6% (to settle class action lawsuit, denies any liability), ISIS +1% (earned a $5 mln milestone payment from GSK (GSK) related to the designation of ISIS-GSK5Rx), RENN +0.9% (Sohu (SOHU) to purchase 56.com from Renren, according to reports out Friday)
Analyst comments: ICL +2.1% (initiated with an Overweight at Barclays), RGLD +1.5% (upgraded to Buy from Neutral at Goldman), SPW +0.7% (upgraded to Outperform from Neutral at Wedbush), TJX +0.7% (upgraded to Outperform from Neutral at Wedbush)