>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:
  • RYI +5.7%, (details Q1 guidance, anticipates higher revenue compared to the fourth quarter of 2016 and the first quarter of 2016)
  • AUO +2.1%, (Q1 consolidated revs above consensus)
Select metals/mining stocks trading higher:
  • GFI +3.6%, KGC +3.4%, SBGL +3.2%, AU +3.2%, HMY +3%, IAG+1.9%, AUY +1.8%, HL +1.7%, PAAS +1.7%, ABX +1.5%, GOLD+1.4%, GDX +1.4%, NEM +1.3%, GLD +0.9%, SLV +0.7%
Select oil/gas related names showing strength:
  • WLL +1.4%, CHK +1.4%, APA +1.3%, PBR +1.3%, KMI +1.1%, RIG +0.9%
Other news:
  • AMCN +10.4% (discloses the establishment of Unicom AirMedia jointly with China Unicom (CHU) and Chengdu Haite Kairong Aeronautical)
  • TEAR +9.3% (continued strength)
  • AUPH +8.5% (Lumira Capital (Benjamin Rovinski-who is also Director of company) discloses 4.77% passive stake)
  • ORPN +8.4% (announces termination of securities offering)
  • PTIE +8.1% (continued strength)
  • SB +7.5% (likely in sympathy with shipping peers DSX and GOGL, which were upgraded at JPM today)
  • SBLK +7% (likely in sympathy with shipping peers DSX and GOGL, which were upgraded at JPM today)
  • HYGS +6.3% (Hydrogenics awarded funding by Canada's Federal Government's Ministry of Natural Resources (NRCan) to build two hydrogen fueling stations for fuel cell vehicles )
  • SDRL +6.2% (Seadrill Partners (SDLP) has secured a one well contract with BP (BP) Canada Energy Group ULC for the West Aquarius in eastern Canada)
  • CBR +6% (likely due to co's recently announced acquisition of AMRH, which reported earnings yesterday)
  • SKLN +5.4% (continued strength)
  • OCLR +3.8% (will replace United Bankshares in the S&P SmallCap 600)
  • SDLP +3.1% (Seadrill Partners (SDLP) has secured a one well contract with BP (BP) Canada Energy Group ULC for the West Aquarius in eastern Canada)
  • BLDP +2.7% (announced that it has closed the transaction announced in Feb relating to technology transfer, licensing and supply arrangements with strategic partner Zhongshan Broad-Ocean Motor Co)
  • CDE +2.5% (reports Q1 production results; reaffirms FY17 production guidance)
  • RTN +2.5% (defense name higher following US missile strike on Syria)
  • LMT +1.5% (defense name higher following US missile strike on Syria)
  • UBSI +1.2% (will replace The WhiteWave Foods in the S&P MidCap 400)
Analyst comments:
  • DSX +8.7% (upgraded to Overweight from Neutral at JP Morgan)
  • TWLO +6.2% (upgraded to Overweight from Neutral at JP Morgan)
  • LOGM +1.4% (upgraded to Outperform from Market Perform at Cowen)
  • GOGL +1.3% (upgraded to Overweight from Neutral at JP Morgan)
  • WMB +0.8% (upgraded to Buy from Neutral at Citigroup)