Gapping up
In reaction to strong earnings/guidance: MY +15.4%, QIWI +8.9%, TSL +8.5%, TIF +6.6%, CTRN +5%, LQ +1.7%, ADI +1.4%.
M&A news: RIOM +6.1% (Co and Sulliden to combine their respective businesses),AZN +2.5% (cont M&A speculation with Pfizer (PFE).
Select solar stocks trading higher following Digitimes report suggesting Solar PV module shipments to grow by 30%, also in sympathy with TSL earnings: YGE +5.3%, SOL +3.9%, JKS +3.3%, JASO +2%, CSIQ +1.9%, FSLR +1%.
Select oil/gas related names showing strength: TOT +1.4%, STO +1.1%, BP +1%, RDS.A +0.7%.
Other news: NEWL +21.1% (continued momentum), LIQD +13.3% (cont strength, signed marketing agreement with ConvergEX, initiated with OP at JMP Securities, CEO insider buying), ADMS +8.6% (received $25 mln milestone payment from Forest Laboratories), HERO +5% (announces five year drilling contract for newbuild jackup rig with Maersk Oil; Total contract value is approximately $420 million ), WAVX +4.8% (still checking), CYTK +3.4% (announces three publications relating to tirasemtiv and the impact of skeletal muscle activation on respiratory function and muscle strength), FEYE +3.2% (today is expiration of lock-up agreements in connection with Secondary), CMRX +2.7% (prices 7.3 mln shares of common stock at $14.22 per share), NUAN +1.6% (signs agreement with Oracle (ORCL) to add voice capabilities to wide range of Oracle mobile apps), ITMN +1.3% (announced additional pirfenidone data in idiopathic pulmonary fibrosis: Long-term Safety Outcomes Published in the Journal of Respirology), ALU +1% (still checking, opened a new Bell Labs office near Tel Aviv), ARIA +0.9% (still checking), BHP +0.9% (provides update on towage services at Port Hedland), CPF +0.7% (announced $30 mln stock repurchase program), NFLX +0.5% (plans to significantly expand in Europe later this year).
Analyst comments: ICPT +4.3% (defended at Oppenheimer), QSII +3.3% (upgraded to Outperform at RBC Capital Mkts), NOK +2.9% (upgraded to Buy from Hold at Jefferies), ADC +2.2% (upgraded to Buy at Wunderlich), AIG +1.7% (upgraded to Buy from Neutral at Goldman), AINV +1.5% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities), OIS +1% (upgraded to Outperform from Mkt Perform at Raymond James)
In reaction to strong earnings/guidance: MY +15.4%, QIWI +8.9%, TSL +8.5%, TIF +6.6%, CTRN +5%, LQ +1.7%, ADI +1.4%.
M&A news: RIOM +6.1% (Co and Sulliden to combine their respective businesses),AZN +2.5% (cont M&A speculation with Pfizer (PFE).
Select solar stocks trading higher following Digitimes report suggesting Solar PV module shipments to grow by 30%, also in sympathy with TSL earnings: YGE +5.3%, SOL +3.9%, JKS +3.3%, JASO +2%, CSIQ +1.9%, FSLR +1%.
Select oil/gas related names showing strength: TOT +1.4%, STO +1.1%, BP +1%, RDS.A +0.7%.
Other news: NEWL +21.1% (continued momentum), LIQD +13.3% (cont strength, signed marketing agreement with ConvergEX, initiated with OP at JMP Securities, CEO insider buying), ADMS +8.6% (received $25 mln milestone payment from Forest Laboratories), HERO +5% (announces five year drilling contract for newbuild jackup rig with Maersk Oil; Total contract value is approximately $420 million ), WAVX +4.8% (still checking), CYTK +3.4% (announces three publications relating to tirasemtiv and the impact of skeletal muscle activation on respiratory function and muscle strength), FEYE +3.2% (today is expiration of lock-up agreements in connection with Secondary), CMRX +2.7% (prices 7.3 mln shares of common stock at $14.22 per share), NUAN +1.6% (signs agreement with Oracle (ORCL) to add voice capabilities to wide range of Oracle mobile apps), ITMN +1.3% (announced additional pirfenidone data in idiopathic pulmonary fibrosis: Long-term Safety Outcomes Published in the Journal of Respirology), ALU +1% (still checking, opened a new Bell Labs office near Tel Aviv), ARIA +0.9% (still checking), BHP +0.9% (provides update on towage services at Port Hedland), CPF +0.7% (announced $30 mln stock repurchase program), NFLX +0.5% (plans to significantly expand in Europe later this year).
Analyst comments: ICPT +4.3% (defended at Oppenheimer), QSII +3.3% (upgraded to Outperform at RBC Capital Mkts), NOK +2.9% (upgraded to Buy from Hold at Jefferies), ADC +2.2% (upgraded to Buy at Wunderlich), AIG +1.7% (upgraded to Buy from Neutral at Goldman), AINV +1.5% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities), OIS +1% (upgraded to Outperform from Mkt Perform at Raymond James)