Gapping up
In reaction to strong earnings/guidance: DAIO +19.1%, SMCI +10.9%, VCRA +10.9%, AMCC +10.3%, GRVY +9.9%, OSIS+9.4%, GIMO +9%, (also announces that Mr. Rex S. Jackson is joining the company as CFO effective today ), CYTK +7.7%,GSB +7.6%, CRUS +7.2%, LOGM +6.7%, (also declares special cash dividend of $0.50/share), SNY +6.6%, ARLP +6.2%, HBI+5.7%, NSIT +5.6%, RCL +5.1%, NGD +4.5%, BIDU +3.9%, SHOR +3.7%, CLD +3.2%, PXLW +3.1%, SRCL +2.8%, HUN+2.8%, SYK +2.5%, CY +2.4%, ACTG +2.4%, ENVA +2.2%, UBS +2.2%, DECK +2%, EMN +2%, SKYW +1.9%, IART+1.8%, (also recommends increase in the number of authorized shares and two-for-one stock split), FTNT +1.8%, LPNT +1.8%,MA +1.8%, CBI +1.7%, POWI +1.6%, GOOG +1.6%, AZPN +1.5%, HSY +1.4%, EXPE +1.2%, SGEN +1.1%, GLPG +1%,HIG +1%, (also announces new buyback and raises dividend 10%), EW +0.9%, VTR +0.9%, .
M&A news:
In reaction to strong earnings/guidance: DAIO +19.1%, SMCI +10.9%, VCRA +10.9%, AMCC +10.3%, GRVY +9.9%, OSIS+9.4%, GIMO +9%, (also announces that Mr. Rex S. Jackson is joining the company as CFO effective today ), CYTK +7.7%,GSB +7.6%, CRUS +7.2%, LOGM +6.7%, (also declares special cash dividend of $0.50/share), SNY +6.6%, ARLP +6.2%, HBI+5.7%, NSIT +5.6%, RCL +5.1%, NGD +4.5%, BIDU +3.9%, SHOR +3.7%, CLD +3.2%, PXLW +3.1%, SRCL +2.8%, HUN+2.8%, SYK +2.5%, CY +2.4%, ACTG +2.4%, ENVA +2.2%, UBS +2.2%, DECK +2%, EMN +2%, SKYW +1.9%, IART+1.8%, (also recommends increase in the number of authorized shares and two-for-one stock split), FTNT +1.8%, LPNT +1.8%,MA +1.8%, CBI +1.7%, POWI +1.6%, GOOG +1.6%, AZPN +1.5%, HSY +1.4%, EXPE +1.2%, SGEN +1.1%, GLPG +1%,HIG +1%, (also announces new buyback and raises dividend 10%), EW +0.9%, VTR +0.9%, .
M&A news:
- VCRA +10.9% (acquires Extension Healthcare for approximately $55 million in an all-cash transaction)
- BHI +8.7% (surging higher in after hours on reports of General Electric acquisition talks)
- BBU +5.1% (thinly traded; to acquire a 70% controlling stake in Odebrecht Ambiental for $768 mln)
- AZPN +1.5% (acquires Mtelligence Corporation for $37 million)
- FHN +0.7% (to acquire Coastal Securities for an undisclosed amount; transaction is expected to be immediately accretive to co's EPS)
Other news:
- GNCA +12.5% (presents 12 month immunogenicity data from the Phase 2a trial of its genital herpes immunotherapy GEN-003)
- GNK +5.1% (Genco Shipping & Trading enters into an agreement with certain investors for the purchase of Series A Convertible Preferred Stock in an aggregate amount of $38.6 million at a price of $4.85 per share )
- NGD +4.5% (entered into an earn-in agreement with Rimfire Pacific Mining)
- AERI +3.7% (reports its Rocket 4 Phase 3 clinical trial of Rhopressa achieves Primary Efficacy Endpoint; separately has withdrawn the Rhopressa NDA)
- WFT +3% (higher with BHI)
- YNDX +2.4% (continued strength)
- GRPN +2.4% (favorable commentary on Thursday's Mad Money)
- CCL +1.4% (in sympathy with RCL earnings)
Analyst comments:
- AKS +2.3% (upgraded to Buy from Hold at Jefferies )
- LC +2.1% (upgraded to Buy from Hold at Craig Hallum)
- WLL +1.9% (upgraded to Strong Buy from Outperform at Raymond James)
- BTI +1.5% (upgraded to Buy at Societe Generale)
- QCOM +1.1% (upgraded to Market Perform from Underperform at BMO Capital Markets)
- TWTR +0.9% (upgraded to Perform from Underperform at Oppenheimer)