Gapping up
In reaction to strong earnings/guidance: CSIQ +5.7% (sees shipments ahead of original guidance; sees revs below consensus), TA +5.6%, RLGY +5.1% (light volume), NTE +3.8%, (light volume), HBC +2.6%, SYY +1.0%.
M&A related: MHGC +11.4% (Yucaipa Companies issues letter to Board, makes proposal to acquire the company for $8 per share ), BRY +7.7%, LINE +0.6% (Linn Energy, LinnCo and Berry Petroleum Amend Merger Agreement; Exchange Ratio Increased to 1.68; Transaction Valued at $4.9 Bln), BBRY +3% (ongoing takeover speculation; FairFax is struggling to raise funding for BBRY bid).
Select metals/mining stocks trading higher: RIO +2%, VALE +1.3%, AUY +1.3%, BBL +1%, GDX +0.9%, BHP +0.8%, MT +0.5%, GLD +0.3%, AU +-0.9%.
Select solar related names showing strength: JKS +5.1%, TSL +4.4%, YGE +4.4%, CSUN +3.8%, SOL +3.1%, SCTY +2.6% (SolarCity subsidiary, SolarCity LMC Series I, intends to offer in a private placement $54.425 mln aggregate principal amount of Solar Asset Backed Notes, Series 2013-1 with a scheduled maturity date of Dec 2026), HSOL +2.2%, FSLR +1.3%.
Other news: ACHN +10.7% (Achillion Pharma's Uridine-Analog Nucleotide Prodrug, ACH-3422, shows compelling preclinical profile; RA Capital Management disclosed 16.4% active stake in 13G filing out Friday after the close; acquired the shares of Common Stock reported herein for investment purposes and not with an intent, purpose or effect of changing control of the Issuer), AFFX +9.4% (still checking), SFY +6.5% (following positive Mad Money mention), DRYS +4.9% (still checking), ARIA +4.7% (still checking), SANM +4.4% ( to join the S&P SmallCap 600), PSTI +4.3% (reports safety of PLX Cells demonstrated in pre-clinical pregnancy model), MRCY +3.8% ( Soros Fund Management disclosed 5.0.2% passive stake in 13G filing out Friday after the close), DDD +3.2% (positive mention on MadMoney), TMUS +2.2% (T-Mobile US ticking higher following positive mention in Barron's), JCP +2% (still checking), AIG +1.1% (despite Barron's profiles cautious view on AIG), DAL +1.1% (Delta Air Lines modestly higher following positive MadMoney comments), NOK +1% (still checking), TSLA +0.9% (NYPost discusses that several higher class buyers are choosing Tesla's (TSLA) over some other luxury cars).
Analyst comments: AKS +3.7% (upgraded to Buy from Sell at Goldman), X +2.4% (upgraded to Buy from Sell at Goldman), ANF +0.8% (upgraded to Buy from Neutral at SunTrust), OXY +0.6% (upgraded to Overweight at Barclays), TWC +0.4% (upgraded to Buy from Hold at Deutsche Bank ), OMC +0.3% (Omnicom upgraded to Outperform from Market Perform at BMO Capital), BP +0.1% (BP upgraded to Equal Weight from Underweight at Morgan Stanley).