Gapping up
In reaction to strong earnings/guidance: NFLX +16.9%, LOGI +15%, FFIV +11.5%, FUEL +10.2% (files registration statement for proposed follow-on offering; 2 mln shares being sold by Rocket Fuel, 3 mln shares being sold by selling stockholders), NTCT +8.9%, DEG +8.8%, FIO +5.1%, PLCM +4.1% (light volume; discloses workforce reduction of ~6%), TZOO +4.1% ( also announced that its board of directors has authorized the repurchase of up to 500,000 of the company's outstanding common shares), VLO +4%, ABC +3.9%, CCI +3.7%, FBC +3.5%(light volume), BAX +3.2%, EBAY +2.5% (also announced buyback and Icahn proposes to spin-off PayPal; downgraded to Hold at Stifel, downgraded to Neutral from Positive at Susquehanna), MTG +2.4%, LUV +2%, VAR+1.5% (also upgraded at Cantor), ACAT +1.4%, CY +1.3% (light volume), UNP +1.1%, BGG +0.7% (light volume), SYK +0.5%.
M&A news: ARIA +6.6% (reports indicate potential LLY interest), NAV +0.8% ( said to explore possible sale of MWM engine unit, according to reports), IBM +0.4% (Lenovo confirms plans to acquire IBM's x86 Server Business).
Financial related names showing strength: IRE +2.8%, DB +2%, BCS +1.4%, SAN +1.1%.
Select metals/mining stocks trading higher: GOLD +2.2%, SLV +1.7%, GDX +1.3%, AU +1.2%, GG +1.2%, ABX +1.1% (announces agreement to divest Kanowna in Australia for A$75 mln), SLW +1.1%, GLD +0.8%, EGO +0.4%.
A few European drug names are trading higher: NVS +1.5%, SNY +1.1%, AZN +0.3%
European telecom names higher: ORAN +1.9%, TI +1.4%, PT +1.1%
Other news: CRMB +17.5% (completed $5 mln senior secured credit facility), HXM +6.9% (following ~50% move higher yesterday), PSTI +5.9% (cell manufacturing facility marks major milestone with German regulatory approval of new scaled-up 3D manufacturing process), FRO +5.6% (still checking), CTIC +4.7% (continued strength), KOOL +4.6% (continued strength), CIE +3.9% (in partnership with the National Concessionaire Sonangol and the Block 21 partners announces the first discovery in the Syn-rift interval in the Bicuar #1A Pre-salt deepwater exploratory well offshore Angola), KERX +3.8% (prices 6.9 mln shares of common stock at $14.50 per share), ACOR +1.9% (Eagle Asset Management discloses 5.12% passive stake in 13G filing ), TXMD +1.6% (announces issuance of U.S. patent covering natural combination hormone replacement formulations and therapies, including TX 12-001-HR), ALV +1.2% (still checking), RVBD +0.9% / VMW +0.5% (following FFIV results), JAZZ +0.8% (announces minimum tender condition exceeded during initial offering period for Gentium S.p.A. shares; provides financing update ), REGI +0.7% (acquires renewable chemical technology developer LS9 for a purchase price of up to $61.5 mln), RDS.A +0.7% (may delay drilling in the Arctic , according to reports), AMZN +0.5% (boosted by EBAY and NFLX results/news), TSLA +0.4% (plans to sell Model S in China for 50% more than the price in the US, according to reports), HITK +0.4% (Receives Final Approval for Bromfenac Ophthalmic Solution, 0.09%),SPLK +0.3% (prices follow-on offering of 6 mln shares of common stock at $81.00 per share, initiated with a Buy at Deutsche Bank).
Analyst comments: TS +4.9% (upgraded to Outperform at Mediobanca and to Buy at Equita), NSC +1.5% (Norfolk Southern upgraded to Overweight from Neutral at JPMorgan, upgraded to Buy from Neutral at BofA/Merrill), RMBS +1.3% (upgraded to Buy from Neutral at Citigroup), DATA +1.1% ( initiated with a Buy at Deutsche Bank), MSFT +1% (Microsoft upgraded to Buy from Hold at Deutsche Bank), LNCO +0.5% (upgraded to Outperform at Robert W. Baird; shareholder base solidifying ahead of catalyst), PANW +0.3% ( initiated with a Buy at Deutsche Bank), WWE +0.3% (initiated with a Buy at The Benchmark Company),
M&A news: ARIA +6.6% (reports indicate potential LLY interest), NAV +0.8% ( said to explore possible sale of MWM engine unit, according to reports), IBM +0.4% (Lenovo confirms plans to acquire IBM's x86 Server Business).
Financial related names showing strength: IRE +2.8%, DB +2%, BCS +1.4%, SAN +1.1%.
Select metals/mining stocks trading higher: GOLD +2.2%, SLV +1.7%, GDX +1.3%, AU +1.2%, GG +1.2%, ABX +1.1% (announces agreement to divest Kanowna in Australia for A$75 mln), SLW +1.1%, GLD +0.8%, EGO +0.4%.
A few European drug names are trading higher: NVS +1.5%, SNY +1.1%, AZN +0.3%
European telecom names higher: ORAN +1.9%, TI +1.4%, PT +1.1%
Other news: CRMB +17.5% (completed $5 mln senior secured credit facility), HXM +6.9% (following ~50% move higher yesterday), PSTI +5.9% (cell manufacturing facility marks major milestone with German regulatory approval of new scaled-up 3D manufacturing process), FRO +5.6% (still checking), CTIC +4.7% (continued strength), KOOL +4.6% (continued strength), CIE +3.9% (in partnership with the National Concessionaire Sonangol and the Block 21 partners announces the first discovery in the Syn-rift interval in the Bicuar #1A Pre-salt deepwater exploratory well offshore Angola), KERX +3.8% (prices 6.9 mln shares of common stock at $14.50 per share), ACOR +1.9% (Eagle Asset Management discloses 5.12% passive stake in 13G filing ), TXMD +1.6% (announces issuance of U.S. patent covering natural combination hormone replacement formulations and therapies, including TX 12-001-HR), ALV +1.2% (still checking), RVBD +0.9% / VMW +0.5% (following FFIV results), JAZZ +0.8% (announces minimum tender condition exceeded during initial offering period for Gentium S.p.A. shares; provides financing update ), REGI +0.7% (acquires renewable chemical technology developer LS9 for a purchase price of up to $61.5 mln), RDS.A +0.7% (may delay drilling in the Arctic , according to reports), AMZN +0.5% (boosted by EBAY and NFLX results/news), TSLA +0.4% (plans to sell Model S in China for 50% more than the price in the US, according to reports), HITK +0.4% (Receives Final Approval for Bromfenac Ophthalmic Solution, 0.09%),SPLK +0.3% (prices follow-on offering of 6 mln shares of common stock at $81.00 per share, initiated with a Buy at Deutsche Bank).
Analyst comments: TS +4.9% (upgraded to Outperform at Mediobanca and to Buy at Equita), NSC +1.5% (Norfolk Southern upgraded to Overweight from Neutral at JPMorgan, upgraded to Buy from Neutral at BofA/Merrill), RMBS +1.3% (upgraded to Buy from Neutral at Citigroup), DATA +1.1% ( initiated with a Buy at Deutsche Bank), MSFT +1% (Microsoft upgraded to Buy from Hold at Deutsche Bank), LNCO +0.5% (upgraded to Outperform at Robert W. Baird; shareholder base solidifying ahead of catalyst), PANW +0.3% ( initiated with a Buy at Deutsche Bank), WWE +0.3% (initiated with a Buy at The Benchmark Company),