Gapping up
In reaction to strong earnings/guidance: HIBB +13.3%, ANW +12.7%, INTU +9.8%, ROST +7.4%, FL +4.8%, SPLK +3.6%, (announces the retirement of CEO Godfrey Sullivan, effective immediately), CNC +2.3%, NGVC +1.8%, CISG +0.5%
M&A news: LBMH +24.8% (to be acquired by C. R. Bard (BCR) for ~$181 Million, or $3.35/share), HZNP +2% (withdraws offer to acquire Depomed (DEPO) following court ruling), PSEM +1.3% (Pericom Semi reiterates support for Diodes (DIOD) transaction; responds to Montage's offer)
Select metals/mining stocks trading higher: AU +2.4%, ZINC +1.9%, RIO +0.9%, BHP +0.8%
Other news: SRPT +25.5% (BMRN competitor, benefiting from BMRN's negative FDA briefing docs), KBIO +22.6% (appoints Martin Shkreli as CEO; announces new financing), HART +10.2% (CEO and CFO disclose stock purchases), CAB +6.1% (reports that Bass Pro considering bid for CAB), VIPS +5.9% (Tiger Global Management reported 9.96% passive stake in 13G filing),HABT +5.7% (postpones proposed follow-on offering of common stock by certain stockholders in light of current capital market conditions), NKE +4.3% (announces new $12 billion share repurchase program, 14 percent increase in quarterly dividend, and two-for-one stock split), VOD +1.6% (cont strength)
Analyst comments: TRMB +3.7% (upgraded to Buy from Neutral at Goldman), DEO +1.3% (upgraded to Overweight from Neutral at JP Morgan), INTC +0.6% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities
In reaction to strong earnings/guidance: HIBB +13.3%, ANW +12.7%, INTU +9.8%, ROST +7.4%, FL +4.8%, SPLK +3.6%, (announces the retirement of CEO Godfrey Sullivan, effective immediately), CNC +2.3%, NGVC +1.8%, CISG +0.5%
M&A news: LBMH +24.8% (to be acquired by C. R. Bard (BCR) for ~$181 Million, or $3.35/share), HZNP +2% (withdraws offer to acquire Depomed (DEPO) following court ruling), PSEM +1.3% (Pericom Semi reiterates support for Diodes (DIOD) transaction; responds to Montage's offer)
Select metals/mining stocks trading higher: AU +2.4%, ZINC +1.9%, RIO +0.9%, BHP +0.8%
Other news: SRPT +25.5% (BMRN competitor, benefiting from BMRN's negative FDA briefing docs), KBIO +22.6% (appoints Martin Shkreli as CEO; announces new financing), HART +10.2% (CEO and CFO disclose stock purchases), CAB +6.1% (reports that Bass Pro considering bid for CAB), VIPS +5.9% (Tiger Global Management reported 9.96% passive stake in 13G filing),HABT +5.7% (postpones proposed follow-on offering of common stock by certain stockholders in light of current capital market conditions), NKE +4.3% (announces new $12 billion share repurchase program, 14 percent increase in quarterly dividend, and two-for-one stock split), VOD +1.6% (cont strength)
Analyst comments: TRMB +3.7% (upgraded to Buy from Neutral at Goldman), DEO +1.3% (upgraded to Overweight from Neutral at JP Morgan), INTC +0.6% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities