Gapping up
In reaction to strong earnings/guidance: VNET +11.3%, GBSN +9.2%, (reaffirms guidance)
M&A news: QCOM +4.8% (Jana Partners wants QCOM to consider breakup, according to WSJ)
Select China related names showing strength after Shanghai was up 2%+ last night: AXN +9.5%, JMEI +3%, SFUN +2.2%, DANG +2%, KNDI +1.6%
Other news: CPST +15.4% (announces organization structure changes; will eliminate three executive positions for annual estimated savings of $2 mln), ARWR +15.2% (cleared by FDA to proceed with multiple dose Phase 2b study of ARC-520), ASTI +12.6% (announced it has begun supplying PV for the solar wings of their vehicles as SFUAS is preparing for the production runs to fill its first commercial orders of the Silent Falcon vehicle), SINO +11.3% (announces acquisition of tanker; SINO issued 1.2 million shares of its restricted common stock representing $2,220,000 of the $10.5 million purchase price), FRO +7.2% (still checking), P +6.6% (following reports that peer Spotify may be valued at $8 bln following refinancing ), QTM +5.4% (cont strength), HRG+5.3% (positive Barron's mention), NFLX +3% (files preliminary proxy statement for June 9, 2015 Annual Meeting; one of the proposals seeks to increase the number of shares of capital stock co is authorized to issue), AEZS +2.9% (announces it has plans to initiate a Phase 3 study of Macrilen following a successful meeting with FDA), SHLD +2.1% (Sears Hldg and Simon Property Group (SPG) announce a joint venture for 10 Sears Holdings properties), TSL +1.9% (announces module supply agreement to supply 116 mw modules to Japan's largest solar power project), SUNE +1.1% (positive Barrons mention), AKER +0.7% (announces six new distributors to market its rapid tests for heparin-induced thrombocytopenia in nine additional countries within Europe)
Analyst comments: CLVS +5% (upgraded to Buy from Neutral at Goldman), HABT +2% (upgraded to Outperform at Robert W. Baird), CCJ +1.7% (upgraded to Buy from Neutral at BofA/Merrill), UNH +1.5% (upgraded to Buy from Hold at Jefferies), AV +1.4% (resumed with a Overweight at JP Morgan), MRO +1.3% (upgraded to Buy from Neutral at BofA/Merrill), HSBC +1.3% (upgraded to Equal-Weight at Morgan Stanley), LPX +0.8% (upgraded to Sector Perform at RBC Capital Mkts
)
In reaction to strong earnings/guidance: VNET +11.3%, GBSN +9.2%, (reaffirms guidance)
M&A news: QCOM +4.8% (Jana Partners wants QCOM to consider breakup, according to WSJ)
Select China related names showing strength after Shanghai was up 2%+ last night: AXN +9.5%, JMEI +3%, SFUN +2.2%, DANG +2%, KNDI +1.6%
Other news: CPST +15.4% (announces organization structure changes; will eliminate three executive positions for annual estimated savings of $2 mln), ARWR +15.2% (cleared by FDA to proceed with multiple dose Phase 2b study of ARC-520), ASTI +12.6% (announced it has begun supplying PV for the solar wings of their vehicles as SFUAS is preparing for the production runs to fill its first commercial orders of the Silent Falcon vehicle), SINO +11.3% (announces acquisition of tanker; SINO issued 1.2 million shares of its restricted common stock representing $2,220,000 of the $10.5 million purchase price), FRO +7.2% (still checking), P +6.6% (following reports that peer Spotify may be valued at $8 bln following refinancing ), QTM +5.4% (cont strength), HRG+5.3% (positive Barron's mention), NFLX +3% (files preliminary proxy statement for June 9, 2015 Annual Meeting; one of the proposals seeks to increase the number of shares of capital stock co is authorized to issue), AEZS +2.9% (announces it has plans to initiate a Phase 3 study of Macrilen following a successful meeting with FDA), SHLD +2.1% (Sears Hldg and Simon Property Group (SPG) announce a joint venture for 10 Sears Holdings properties), TSL +1.9% (announces module supply agreement to supply 116 mw modules to Japan's largest solar power project), SUNE +1.1% (positive Barrons mention), AKER +0.7% (announces six new distributors to market its rapid tests for heparin-induced thrombocytopenia in nine additional countries within Europe)
Analyst comments: CLVS +5% (upgraded to Buy from Neutral at Goldman), HABT +2% (upgraded to Outperform at Robert W. Baird), CCJ +1.7% (upgraded to Buy from Neutral at BofA/Merrill), UNH +1.5% (upgraded to Buy from Hold at Jefferies), AV +1.4% (resumed with a Overweight at JP Morgan), MRO +1.3% (upgraded to Buy from Neutral at BofA/Merrill), HSBC +1.3% (upgraded to Equal-Weight at Morgan Stanley), LPX +0.8% (upgraded to Sector Perform at RBC Capital Mkts
)