>>> US Gapping up


Gapping up
In reaction to strong earnings/guidance
: BEAT +12%, BIOD +11.5%, HRTG +11.5%, QRVO +11.5%, HRTG +11.5%, BABA +10.4%, CHGG +9.2%, TA +8.8%, EMKR +8.1%, (also Announces That It Intends To Commence A Dutch Auction Tender Offer For Up To Approximately $45 Million of Common Stock), ENSG +7.2%, ATML +6.8%, ZNGA +6.1%, CBB +5.4%, CSOD +5.2%, TRIP +4.8%, SUNE +4.5%, MASI +4.4%, GOGO +3.4%, TAP +2.9%, CPE +2.7%, LXP +2.7%, PSEC +2.4%, BLUE +2.4%, CTIC +2.3%, DYN +2%, (also amends employment agreement with CEO Robert Flexon), HUBS +1.9%, COTY +1.8%, TOWR +1.8%, IVR +1.6%, TKMR +1.2%, TWO +1%, KIM +0.9%, CLR +0.9%, PRU +0.8%, VVC +0.8%, PDLI +0.6%

M&A news: QLTY +61.4% (agrees to be acquired by Funds Advised by Apax Partners for $16.00 per share in all cash), ANN +8.7% (Reuters reporting in talks with Golden Gate)

Other news: YHOO +7% (trading higher with BABA), ANY +6.5% (reported award of two patents for Peer-to-Peer Redundant File Server System and Methods),  GST +5.6% (enters into agreement to sell certain non-core assets in Oklahoma for ~$46.2 mln, with the transaction expected to close on or before June 22, 2015), NBG +5% (cont volatility with Greece), EQIX +1.8% (issues response to announcement by TelecityGroup), NBY +1.5% (announces the presentation of new research documenting the successful use of Avenova on patients with blepharitis ), QTM +1.4% (announced resignation of Jeffrey Smith from its board of directors and appointment of Robert Andersen pursuant to Starboard's replacement rights)

Analyst comments: ZQK +3% (upgraded to Buy from Neutral at B. Riley & Co ), TNXP +2% (initiated with a Buy at Janney), INFI +1.2% (initiated with a Buy at Deutsche Bank), DKS +0.9% (upgraded to Outperform from Market Perform at BMO Capital)