>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
: NDSN +8.7%, KIRK +3.7%, TOL +3.7%, NOAH +2%, YIN +1.9%, SEE +0.5%

M&A news: MGN +39.1% (to be acquired by Hecla Mining (HL)), PLCM +3.9% (receives revised non-binding proposal)

Select EU names showing strength: HSBC +2.7%, LYG +2.7%, BT +2.6%, DEO +1.9%, SHPG +1.7%, AZN +1.6%, GSK +1.5%, NGG +1.4%, ARMH +1.1%

Other news: OXGN +69.6% (announces results of phase 2 study of CA4P in recurrent ovarian cancer published in Journal of Clinical Oncology), SPEX +20.4% (executes second license agreement with RPX Corporation (RPXC)), ICLD +13.9% (announces over $3.2 mln in professional service contracts to support next generation Wi-Fi and DAS network deployments from existing and new clients), AGLE +13.4% (receives Fast Track Designation from the FDA for its lead investigational molecule, AEB1102), LC +4.4% (contintued volatility in pre-mkt trading), SSH +3.9% (presents update on C-Pulse Heart Assist System; demonstrated improvements in quality of life), CLF +3.6% (enters long-term purchase power arrangement for its Northshore operation with Minnesota Power, a division of Allete (ALE) to receive $31 mln in cash), SCTY +2.3% (still checking, there was notable call buying near yday's close), SPWR +1.6% (SunPower and Total (TOT) sign power purchase agreement for the supply of 300 gigawatt hours per year of clean solar energy to Metro of Santiago)

Analyst comments: PBR +2.8% (upgraded to Neutral from Underweight at JP Morgan), SQ +1.6% (upgraded to Buy from Neutral at BTIG Research), WDC +1.5% (upgraded to Outperform at Cowen), DE +1.2% (upgraded to Outperform from Market Perform at BMO Capital), MSFT +1% (upgraded to Outperform from Market Perform at Cowen)