>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
: HAL +1.4%, STI +1.3%, BMI +0.7%.

M&A news: EGAS +8.4% (co confirms takeover attempt by Algonquin Power & Utilities, co later rejected offer), AKS +1.7% (to acquire Severstal Dearborn), .

Select Battery related names showing strength: KNDI +8%, PLUG +2.4%, BLDP +1.5%.

Other news: NQ +7.8% (still checking, may be rebounding after recent vol), ASTI +7.1% (announces $32 mln secured convertible debt agreement), TRUP +6.1% (vol following recent IPO), PT +5.6% (MEO expands its fibre network through a sharing agreement with Vodafone), ZINC +4.8% (positive Barron's mention), COCO +4.8% (Education Department names team to monitor Corinthian Colleges), EMC +4.7% (activist wants EMC to break itself up, according to reports), GLUU +3.1% (continued momentum), FXEN +1.8% (announces drilling schedule through end of 2014), JNPR +1.7% (positive Barron's mention), NFLX +0.9% (positive mention on Mad Money), BBRY +0.9% (named Marty Beard as Chief Operating Officer), UMC +0.8% (to raise prices by 5-15% on some clients, according to reports), GILD +0.8% (co's Hepatitis C drug may be effective in HIV, according to reports).

Analyst comments: SSW +9.5% (upgraded to Outperform from Market Perform at Wells Fargo), QLIK +7.8% (upgraded to Overweight from Equal Weight at Barclays), GPRO +2% (initiated with a Overweight at JP Morgan and Overweight at Piper Jaffray), BIDU +2% (upgraded to Overweight from Equal-Weight at Morgan Stanley), ASML +1.2% (upgraded to Outperform from Sector Perform at Pacific Crest), TAL +0.8% (upgraded to Outperform from Market Perform at Wells Fargo), AAPL +0.6% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities, also tgt raised to $115 from $100 at UBS)