Gapping up
Gapping up In reaction to strong earnings/guidance: GBX +7.4%, STZ +6.1%, SHLM +5%, UNF +2%.
M&A news: VITC +26.3% (confirms it is being acquired by Kroger (KR) for $8//share in cash), SFLY +12.6% (attributed to potential sale speculation).
Select metals/mining stocks trading higher: BHP +1.2%, HMY +1%, RIO +1%. Other news: RAX +8.1% (TechCrunch article indicating that company may want to go private), AEZS +5.8% (still checking), GSAT +5.7% (positive mention on Mad Money), POZN +5.3% (resubmits PA8140/PA32540 NDA), TRN +4% (in sympathy with GBX), INSY +2.5% (positive mention on Mad Money), ABMD +1.9% (announced acquisition of ECP to broaden and strengthen its existing intellectual property and product platform), PVG +1.8% (submits application for environmental assessment certificate; files NI 43-101 feasibility study and technical report ), AZN +1.3% (still checking), ETFC +1.2% (late report indicating Goldman potential interest in Schwab or E-Trade).
Analyst comments: ISLE +23.3% (Deutsche Bank sees potential Gaming and Leisure Properties (GLPI) buyout of ~$15.80/share), DRWI +9.1% (initiated with a Market Outperform at Brinson Patrick), ALU +4.8% (upgraded to Overweight from Neutral at JP Morgan), RGSE +4.5% (initiated with Buy at Canaccord Genuity), SCTY +3.9% (initiated with Buy at Canaccord Genuity), WBMD +3.4% (upgraded to Buy at Stifel), CSIQ +3% (initiated with Buy at Canaccord Genuity), VIPS +2.2% (initiated with a Buy at Jefferies), SUNE +1.6% (initiated with Buy at Canaccord Genuity), BAC +1.2% (upgraded to Buy from Hold at Deutsche Bank), PANW +1.2% (initiated with a Outperform at Northland Capital), BHI +1.1% (upgraded to Positive from Neutral at Susquehanna)