Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- SITO +16.1%, DKS +7.9%, MOMO +7.4%, INWK +7.2%, VIPS +7.1%, AST +6.8%, FN +5.5%, COTY +4.2%, HTHT+3.8%, BLIN +3.6%, (thinly traded)
- BHP +3.3%, ATHM +3.2%, EAC +3.1%, IMMY +2.6%, (thinly traded), WKHS +2.3%, TEDU +2.1%, MGT +2%, ABEO+1.8%
M&A news:
- STEM +20.9% (discloses agreement and plan of merger and reorganization with Microbot Medical)
- PX +4.6% (WSJ report on potential merger with Linde)
Select metals/mining stocks trading higher: MT +4.3%, GOLD +3.3%, BTG +3%, AUY +2.5%, EGO +2.4%, CLF +2.1%,SBGL +2.1%, X +2.1%, GG +2.1%, AG +1.8%, GDX +1.8%, VALE +1.7%, ABX +1.7%, NEM +1.7%, SLW +1.6%, SLV+0.9%
Select oil/gas related names showing strength: SDRL +2.5%, CHK +1.8%, RDS.A +1.7%, STO +1.7%, TOT +1%, WLL+1%
Other news:
Select oil/gas related names showing strength: SDRL +2.5%, CHK +1.8%, RDS.A +1.7%, STO +1.7%, TOT +1%, WLL+1%
Other news:
- ALLT +8.1% (Soros Fund Management increases passive stake)
- EBIO +6.5% (grants Roche (RHHBY) license to develop/commercialize EBI-031 and all other IL-6 antagonist antibody technology; co entitled to receive $30 mln in payments from Roche)
- PETX +4.1% ( granted FDA approval of NOCITA)
- FNBC +3.6% (light volume, announces delay in filing 2015 annual report, has until Aug 25 )
- SORL +3.5% (following Monday's 40%+ move higher on earnings)
- RIO +2.9% (in sympathy with BHP earnings)
- PSG +2.7% (after Monday's 45% sell-off following 10-K delay/update)
- PNK +2.1% (authorizes a new $50 million stock repurchase program)
- MARA +2% (has asserted its patent rights related to the French and Italian Parts of European Patent in both France and Italy, respectively)
- JMEI +1.9% (following Shenzhen-HK stock link approval in China)
- ACGL +1.2% (American Intl announces agreement to sell its 100% interest in United Guaranty Corporation to Arch Capital for $3.3 bln)
- FIT +1.1% (Morgan Stanley discloses 6.7% passive stake )
- SHLM +1.1% (Director in association with Barington disclosed purchase of 50K shares)
Analyst comments:
- NE +2.4% (upgraded to Neutral from Underperform at BofA/Merrill )
- DVN +1.5% (added to US 1 List at BofA/Merrill)
- SHEN +1.4% (upgraded to Outperform from Mkt Perform at Raymond James)
- MRO +1.4% (upgraded to Buy from Neutral at BofA/Merrill)
- TPIC +1.4% (initiated with a Outperform at Raymond James)
- PTEN +0.7% (upgraded to Neutral from Underperform at BofA/Merrill)