A few European telecom/communication network names are trading higher: MBT +2.2%, ERIC +2.1%, VOD +0.7%
Select financial related names showing strength: DB +1.7%, SAN +1.2%, HSBC +0.9%, RBS +0.7%, PUK +0.5%, UBS+0.3%, CS +0.3%, ING +0.2%, BAC +0.6%
Select large pharma names are trading higher: MYL +2% (launched generic version of Janssen's Concerta tablets), SNY +1.4%, SHPG +1.4%
Metals/mining names trading higher: GFI +2.2%, MT +1.9%, AUY +1.7%, RIO +1.5%, AG +0.9%, AU +0.7%
Other news:
- MRNS +25% (thinly traded and ticking higher after the FDA granted orphan designation for ganaxolone for the treatment of Fragile X Syndrome)
- CO +16.1% (ticking higher; Golden Meditech Holdings enters into a sale and purchase agreement with Nanjing Yingpeng Huikang Medical Industry Investment Partnership regarding the disposal of their entire equity stake in the co which represents 65.4% equity interest in CCBC on a fully diluted basis, for total cash consideration of RMB 5.764 bln)
- ANY +11.8% (continued strength),
- KOOL +4% (following 35%+ move higher in Thursday)
- ALV +2.4% (ahead of CES conference -- plans to reveal 'Learning Intelligent Vehicle')
- IHG +2.2%, LUX +1.5%, SNN +0.9% (still checking)
- NVDA +1.6% and AMD +1.5% (after recouping Thursday's early losses and closing near highs)
- ICON +1.3% (Sharper Image brand to ThreeSixty Group for $100 mln in cash),
- MBLY +1.2% (continued strength; also Mobileye N.V. and Lucid MOtors announce collaboration to enable autonomous driving capability on Lucid vehicles),
- X +1.1% (announces third-party iron ore pellet sales agreements)
Analyst comments:
- CEMP +5.8% (rebounding -- was upgraded to Equal-Weight from Underweight at Morgan Stanley)
- TSLA +0.6% (named Top 2017 Pick at at Robert W. Baird)
- YNDX +0.2% (ticking higher; initiated with a Outperform and $26 at Credit Suisse)