>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:
  • HAS +10.7%, DO +6.1%, GOLD +4.6%, BWP +3.8%, SYY +2.9%, TI +2.7%, TSN +2.1%
M&A news:
  • CERU +12.3% (likely continued M&A speculation)
  • CBR +6.9% (Allgeier to acquire Ciber's business in Germany and Denmark)
Select metals/mining stocks trading higher:
  • HMY +3.4%, AU +2.8%, AG +2.4%, MUX +2%, KGC +2%, IAG +1.9%, CLF +1.8%, PAAS +1.6%, ABX +1.5%, GDX+1.5%, NEM +1.3%, FCX +1%
Other news:
  • GALE +83.3% (announces results from a meeting of the DSMB for two trials w/ NeuVax plus trastuzumab)
  • SDRL +4.9% (continuing to rebound following last week's decline)
  • SDPI +2.8% (Lone Star Value Management discloses 11.1% active stake (prior 3.5%); informally suggested a director candidate )
  • AMD +1.9% (Barron's profiles positive view on AMD)
  • JD +1.6% (Wal-Mart (WMT) increases passive stake to 12.1% (prior 10.8%))
  • SPWR +1.1% (awarded a $96,252,862 Defense Logistics Agency contract)
Analyst comments:
  • COG +6.2% (upgraded to Overweight from Neutral at JP Morgan; upgraded to Positive from Neutral at Susquehanna)
  • CRR +4.4% (upgraded to Buy from Hold at Evercore ISI)
  • GLUU +3.7% (upgraded to Buy from Neutral at ROTH Capital)
  • X +1% (upgraded to Buy from Hold at Argus)
  • FDX +0.7% (upgraded to Outperform from Mkt Perform at Raymond James)