Gapping up
In reaction to strong earnings/guidance: QTM +17.4%, SYNC +3.8%, BXMT +3.7%, RT +2.8%, DQ +1.5%, .
M&A news: EXL +14.9% (enters into agreement to be acquired by Blackstone (BX) for $15.85 per share in an all-cash transaction valued at ~$2 billion), BXMT +3.7% (announces acquisition of $4.6 billion loan portfolio from GE Capital (GE)), BX +1.9%, WFC +0.7% (WFCand Blackstone (BX) to buy GE (GE) Capital's real estate assets for $23 bln)
Select metals/mining stocks trading higher: GFI +4%, AU +2.1%, PAAS +2.1%, AUQ +2.1%, AU +2.1%, TSM +2%, IAG +2%, SLV +1.5%, GG +1.1%, EGO +0.9%, AEM +0.9%, ABX +0.8%
Other news: VLTC +9.3% (cont momentum higher), ACUR +8.4% (announced intent to initiate development of an abuse deterrent Hydrocodone with acetaminophen tablets), GE +7.3% (sells GE Capital Real Estate assets to Blackstone, (BX, BXMT) and Wells Fargo (WFC) for ~$26.5 bln; reaffirms Industrial earnings gudiance; announces new $50 bln buyback), KOOL +5.3% (announces an update on its clinical trials of critical limb ischemia and acute myocardial infarction), EURN +4.8% (still checking), CNIT +4.8% (announced that the Company signed a strategic agreement with the Luoyang municipal government to install 300 units), HZNP +3.5% (announces it has received FDA Fast Track Designation for ACTIMMUNE to treat Friedreich's Ataxia), IBIO+2.9% (cont strength), CMG +2.7% (still checking), JRJC +2.3% (likely benefitting from increased interest in Chinese/HK equities), SSLT +2.1% (reports Q4 production results), SNE +2.1% (hearing of a couple of target increases in Japan), PZG +1.9% (provided spin-off transaction update: SEC has declared effective the Registration Statement on Form S-1 filed by co's subsidiary Paramount Gold Nevada), SUNE +1.9% (favorable commentary on Thursday's Mad Money), AAL +0.9% (releases March traffic data)
Analyst comments: GIMO +3.2% (upgraded to Outperform from Market Perform at William Blair), NFLX +2.6% (upgraded to Buy from Neutral at Citigroup), M +2% (upgraded to Buy from Neutral at Buckingham Research), BMS +1.3% (upgraded to Buy from Neutral at BofA/Merrill), UNP +1.2% (upgraded to Buy from Hold at Stifel), GM +1.1% (added to Focus List at Citirgroup),VRTX +1.1% (initiated with a Buy at Canaccord Genuity)
In reaction to strong earnings/guidance: QTM +17.4%, SYNC +3.8%, BXMT +3.7%, RT +2.8%, DQ +1.5%, .
M&A news: EXL +14.9% (enters into agreement to be acquired by Blackstone (BX) for $15.85 per share in an all-cash transaction valued at ~$2 billion), BXMT +3.7% (announces acquisition of $4.6 billion loan portfolio from GE Capital (GE)), BX +1.9%, WFC +0.7% (WFCand Blackstone (BX) to buy GE (GE) Capital's real estate assets for $23 bln)
Select metals/mining stocks trading higher: GFI +4%, AU +2.1%, PAAS +2.1%, AUQ +2.1%, AU +2.1%, TSM +2%, IAG +2%, SLV +1.5%, GG +1.1%, EGO +0.9%, AEM +0.9%, ABX +0.8%
Other news: VLTC +9.3% (cont momentum higher), ACUR +8.4% (announced intent to initiate development of an abuse deterrent Hydrocodone with acetaminophen tablets), GE +7.3% (sells GE Capital Real Estate assets to Blackstone, (BX, BXMT) and Wells Fargo (WFC) for ~$26.5 bln; reaffirms Industrial earnings gudiance; announces new $50 bln buyback), KOOL +5.3% (announces an update on its clinical trials of critical limb ischemia and acute myocardial infarction), EURN +4.8% (still checking), CNIT +4.8% (announced that the Company signed a strategic agreement with the Luoyang municipal government to install 300 units), HZNP +3.5% (announces it has received FDA Fast Track Designation for ACTIMMUNE to treat Friedreich's Ataxia), IBIO+2.9% (cont strength), CMG +2.7% (still checking), JRJC +2.3% (likely benefitting from increased interest in Chinese/HK equities), SSLT +2.1% (reports Q4 production results), SNE +2.1% (hearing of a couple of target increases in Japan), PZG +1.9% (provided spin-off transaction update: SEC has declared effective the Registration Statement on Form S-1 filed by co's subsidiary Paramount Gold Nevada), SUNE +1.9% (favorable commentary on Thursday's Mad Money), AAL +0.9% (releases March traffic data)
Analyst comments: GIMO +3.2% (upgraded to Outperform from Market Perform at William Blair), NFLX +2.6% (upgraded to Buy from Neutral at Citigroup), M +2% (upgraded to Buy from Neutral at Buckingham Research), BMS +1.3% (upgraded to Buy from Neutral at BofA/Merrill), UNP +1.2% (upgraded to Buy from Hold at Stifel), GM +1.1% (added to Focus List at Citirgroup),VRTX +1.1% (initiated with a Buy at Canaccord Genuity)