>>> US Gapping up

Gapping up 
In reaction to earnings/guidance
:

  • MLHR +11.5%, AZZ +7.8%

M&A news:

  • JNP +31.6% (signs definitive agreement to be acquired by Catalent (CTLT) for $11.50/share)
  • ACXM +5.2% (entered into a definitive agreement to sell its Acxiom Marketing Solutions business to Interpublic Group)

Select metals/mining stocks trading lower:

  • BBL +2.6%, BHP +2.2%, RIO +1.7%, GLD +0.6%, X +0.5%

Other news:

  • VEON +20.1% (agrees on the sale of 50% stake in Wind Tre to CK Hutchison)
  • GLDD +4.9% (announces receipt of $164 million in awarded work)
  • DF +1.6% (Dean Foods has increased its ownership percentage and taken a majority stake in Good Karma Foods)
  • SCS +0.7% (following MLHR earnings/guidance)
  • HNI +0.7% (ticking higher following MLHR earnings/guidance)

Analyst comments:

  • ROKU +3.6% (upgraded to Outperform from Perform at Oppenheimer)
  • MGTX +2.8% (initiated with a Buy at BofA/Merrill)
  • ALB +1.7% (upgraded to Buy from Neutral at Goldman)