Gapping up
In reaction to strong earnings/guidance: AAC +14.7%, INUV +12.7%, AAWW +9.9%, GTI +9.7%, HDSN +9.6%, FOE +8%, ARII +7.7%, HOS +6.8%, CVEO +6.6%, EQIX +5%, AR +4.9%, RRTS +4.5%, LOCK +3.8%, NCIT +3.5%, ABC +3.4%, SEE +3.1%, PPC +3%, NXPI +2.7%, AFFX +2.6%, ATW +2.5%, O +2.4%, RDWR +2.3%, SHPG +2.3%, HUN +2.2%, ROK +2.2%,QUIK +2%, EROC +2%, NE +1.8%, (light volume), ATTU +1.4%, TEVA +1.3%, DLPH +1.3%, SPRT +1.2%, CSII +0.9%, TWC +0.9%, ARRS +0.8%, ARRS +0.8%, PWE +0.8%
M&A news: WX +16.5% (announces receipt of proposal to acquire all outstanding shares for $46/ADS share in cash), CNSI +10% ( to divest BSS Business to Amdocs (DOX) for total purchase price of $272 mln), GTI +9.9% (Board approved agreement for sale of $150 mln of 7% convertible preferred shares to Brookfield Asset Management (BAM); co entered into a separate letter of intent for a possible tender offer by BAM to acquire GTI shares at $5.05 per share; co also reported earnings), OVTI +5.7% (near deal to be acquired by Hua Capital for ~$29 per share, or $1.68 bln, according to reports ),
Other news: GLUU +24.4% (announced that Tencent (TCEHY) has agreed to purchase 21 million shares of Glu's common stock at a price of $6.00 per share for total consideration of $126 mln; announced partnership with Britney Spears; co also reported earnings), FOE +8% (to acquire global inorganic pigments manufacturer Nubiola; co also reported earnings), SDRL +5.2% (in symp with STO), ESI +3.3% (announces Chief Financial Officer transition and enrollment results), AKAO +2.6% (reaches settlement of its claim with the Defense Threat Reduction Agency), FRPT +2.4% (prices 5,313,351 shares of common stock held by certain stockholders at $21.47 per share)
Analyst comments: SPLS +1.9% (upgraded to Buy from Hold at Jefferies), JBLU +1.7% (upgraded to Outperform from Neutral at Credit Suisse), BWLD +1.7% (upgraded to Outperform from Neutral at Robert W. Baird), ODP +1.6% (upgraded to Buy from Hold at Jefferies ), MDLZ +0.5% (upgraded to Buy from Hold at Deutsche Bank), CCJ +0.5% (upgraded to Outperform from Mkt Perform at Raymond James
)
In reaction to strong earnings/guidance: AAC +14.7%, INUV +12.7%, AAWW +9.9%, GTI +9.7%, HDSN +9.6%, FOE +8%, ARII +7.7%, HOS +6.8%, CVEO +6.6%, EQIX +5%, AR +4.9%, RRTS +4.5%, LOCK +3.8%, NCIT +3.5%, ABC +3.4%, SEE +3.1%, PPC +3%, NXPI +2.7%, AFFX +2.6%, ATW +2.5%, O +2.4%, RDWR +2.3%, SHPG +2.3%, HUN +2.2%, ROK +2.2%,QUIK +2%, EROC +2%, NE +1.8%, (light volume), ATTU +1.4%, TEVA +1.3%, DLPH +1.3%, SPRT +1.2%, CSII +0.9%, TWC +0.9%, ARRS +0.8%, ARRS +0.8%, PWE +0.8%
M&A news: WX +16.5% (announces receipt of proposal to acquire all outstanding shares for $46/ADS share in cash), CNSI +10% ( to divest BSS Business to Amdocs (DOX) for total purchase price of $272 mln), GTI +9.9% (Board approved agreement for sale of $150 mln of 7% convertible preferred shares to Brookfield Asset Management (BAM); co entered into a separate letter of intent for a possible tender offer by BAM to acquire GTI shares at $5.05 per share; co also reported earnings), OVTI +5.7% (near deal to be acquired by Hua Capital for ~$29 per share, or $1.68 bln, according to reports ),
Other news: GLUU +24.4% (announced that Tencent (TCEHY) has agreed to purchase 21 million shares of Glu's common stock at a price of $6.00 per share for total consideration of $126 mln; announced partnership with Britney Spears; co also reported earnings), FOE +8% (to acquire global inorganic pigments manufacturer Nubiola; co also reported earnings), SDRL +5.2% (in symp with STO), ESI +3.3% (announces Chief Financial Officer transition and enrollment results), AKAO +2.6% (reaches settlement of its claim with the Defense Threat Reduction Agency), FRPT +2.4% (prices 5,313,351 shares of common stock held by certain stockholders at $21.47 per share)
Analyst comments: SPLS +1.9% (upgraded to Buy from Hold at Jefferies), JBLU +1.7% (upgraded to Outperform from Neutral at Credit Suisse), BWLD +1.7% (upgraded to Outperform from Neutral at Robert W. Baird), ODP +1.6% (upgraded to Buy from Hold at Jefferies ), MDLZ +0.5% (upgraded to Buy from Hold at Deutsche Bank), CCJ +0.5% (upgraded to Outperform from Mkt Perform at Raymond James
)