Gapping up
In reaction to strong earnings/guidance/SSS: RT +11.2%, RAD +9.4%, (also acquires Houston-based RediClinic; financial terms not disclosed ), PIR +3.7%, ANGO +2.5% (light volume), CSH +2.2% (ticking higher; authorized management to review strategic alternatives including spin off of online business; raises Q1 EPS above consensus), TITN +1.3%, (light volume), COST +1%,JOEZ +0.8%, SJR +0.5%.
M&A related: LORL +7% ( Ontario Teachersa Pension Plan front-runner to acquire LORL for $80.00/share, according to reports), GG +1.6% (Goldcorp increases offer for Osisko to CAD7.65 per share in cash and Goldcorp shares).
Metals/mining stocks trading higher: AUY +3.5% (upgraded to Neutral from Underweight at HSBC), IAG +3.1%, CDE +2.3%, AG +2%, SLV +1.5%, ABX +1.4%, GDX +1.3%, GLD +1%, GOLD +0.8%.
Select biotech/pharma related names showing strength: CELG +1.8%, SHPG +1.6%, MRK +2.1%.
Other news: BAXS +14.6% (receives 510(k) clearance for the Avance MIS Pedicle Screw System), ONVO +4.5% (disclosed update on the results of its initial study of 3D breast tissues generated with its NovoGen MMX Bioprinter in breast cancer models), PXLW +4% (following yesterday's late push higher), UEC +2.5% (Huber Capital Management discloses 10.14% passive stake in 13G filing), BBRY +1.8% (to introduce Haswell Refresh CPUs in early May, according to reports), CHL +1.7% (still checking), GG +1.6% (reports Q1 gold production of 680,000 ounces), KKD +1.2% (following positive mention on Mad Money), MHR +1.1% (following positive mention on Mad Money), SAVE +0.9% (following positive mention on Mad Money), CPE +0.8% (SVP bought ~14.6k shares at $8.30 worth ~$120k on April 7), HCLP +0.8% (prices 4.25 mln common units at $41.29 per common unit), FB +0.5% (to discontinue messaging on mobile app, according to reports; upgraded to Buy from Hold at Pivotal Research; tgt raised to $72 from $66 ).
Analyst comments: LBTYA +2.8% (added to Conviction Buy list at Goldman), NFLX +1.6% (upgraded to Buy from Hold at Hudson Square Research), HPQ +1.5% (initiated with a Buy at Deutsche Ban), TWTR +1.2% (upgraded to Hold from Sell at Cantor Fitzgerald ), NKE +0.7% (Nike upgraded to Outperform from Neutral at Macquarie), NTRI +0.6% (initiated with a Buy at B. Riley & Co),E +0.5% ( upgraded to Outperform from Neutral at Exane BNP Paribas), AAPL +0.4% (initiated with a Buy at Deutsche Bank)
M&A related: LORL +7% ( Ontario Teachersa Pension Plan front-runner to acquire LORL for $80.00/share, according to reports), GG +1.6% (Goldcorp increases offer for Osisko to CAD7.65 per share in cash and Goldcorp shares).
Metals/mining stocks trading higher: AUY +3.5% (upgraded to Neutral from Underweight at HSBC), IAG +3.1%, CDE +2.3%, AG +2%, SLV +1.5%, ABX +1.4%, GDX +1.3%, GLD +1%, GOLD +0.8%.
Select biotech/pharma related names showing strength: CELG +1.8%, SHPG +1.6%, MRK +2.1%.
Other news: BAXS +14.6% (receives 510(k) clearance for the Avance MIS Pedicle Screw System), ONVO +4.5% (disclosed update on the results of its initial study of 3D breast tissues generated with its NovoGen MMX Bioprinter in breast cancer models), PXLW +4% (following yesterday's late push higher), UEC +2.5% (Huber Capital Management discloses 10.14% passive stake in 13G filing), BBRY +1.8% (to introduce Haswell Refresh CPUs in early May, according to reports), CHL +1.7% (still checking), GG +1.6% (reports Q1 gold production of 680,000 ounces), KKD +1.2% (following positive mention on Mad Money), MHR +1.1% (following positive mention on Mad Money), SAVE +0.9% (following positive mention on Mad Money), CPE +0.8% (SVP bought ~14.6k shares at $8.30 worth ~$120k on April 7), HCLP +0.8% (prices 4.25 mln common units at $41.29 per common unit), FB +0.5% (to discontinue messaging on mobile app, according to reports; upgraded to Buy from Hold at Pivotal Research; tgt raised to $72 from $66 ).
Analyst comments: LBTYA +2.8% (added to Conviction Buy list at Goldman), NFLX +1.6% (upgraded to Buy from Hold at Hudson Square Research), HPQ +1.5% (initiated with a Buy at Deutsche Ban), TWTR +1.2% (upgraded to Hold from Sell at Cantor Fitzgerald ), NKE +0.7% (Nike upgraded to Outperform from Neutral at Macquarie), NTRI +0.6% (initiated with a Buy at B. Riley & Co),E +0.5% ( upgraded to Outperform from Neutral at Exane BNP Paribas), AAPL +0.4% (initiated with a Buy at Deutsche Bank)