Gapping up
Select solar related names showing strength: TSL +8% ( signs investment framework agreement to develop 1GW solar power plant project in Xinjiang, Western China), YGE +2.5%, JASO +1.9%, SOL +0.6% (ReneSola signs Memorandum of Intent to sell three utility-scale projects in China).
A few oil/gas names are modestly higher: WFT +1.1% RIG +0.9%
In the news: CROX +8.8% (Crocs announced that an investment fund affiliated with Blackstone has agreed to purchase $200 mln of newly issued series A convertible preferred stock; CEO McCarvel announced retirement; sees Q4 EPS and revs at low end of prior ranges), PRCP +8.3% (still checking), KNDI +8.2% (continued strength), BIOL +6.5% (ticking higher, Biolase granted canadian license to sell its EPIC 10 soft-tissue diode laser), JDSU +3.6% (still checking), ATHM +3.1% (continued strength), RNR +2.8% (to replace Lender Processing Services in the S&P MidCap 400), PPHM +2.2% (files for $100 mln common and preferred stock offering in S-3 filing; initiates Sunrise pivotal Phase III clinical trial of bavituximab in second-line non-small cell lung cancer), JCP +2.2% (still checking), VVUS +1.4% (received 'generally positive' feedback from CHMP on AQCLAIM/OB-401), BIIB +1% (following WSJ report highlighting cheap stocks), VISN +1% (continued strength), CCL +0.7% (still checking), PPO +0.6% (announces settlement and license agreement with Sumitomo Chemical), WU +0.6% (still checking), KO +0.5% (ticking higher following positive Barron's mention), BITA +0.5% (continued strength), WMT +0.2% (following positive Barron's mention as defensive play of downsizing).
Analyst comments: DIS +0.7% (Disney upgraded to Buy from Neutral at Guggenheim)
A few oil/gas names are modestly higher: WFT +1.1% RIG +0.9%
In the news: CROX +8.8% (Crocs announced that an investment fund affiliated with Blackstone has agreed to purchase $200 mln of newly issued series A convertible preferred stock; CEO McCarvel announced retirement; sees Q4 EPS and revs at low end of prior ranges), PRCP +8.3% (still checking), KNDI +8.2% (continued strength), BIOL +6.5% (ticking higher, Biolase granted canadian license to sell its EPIC 10 soft-tissue diode laser), JDSU +3.6% (still checking), ATHM +3.1% (continued strength), RNR +2.8% (to replace Lender Processing Services in the S&P MidCap 400), PPHM +2.2% (files for $100 mln common and preferred stock offering in S-3 filing; initiates Sunrise pivotal Phase III clinical trial of bavituximab in second-line non-small cell lung cancer), JCP +2.2% (still checking), VVUS +1.4% (received 'generally positive' feedback from CHMP on AQCLAIM/OB-401), BIIB +1% (following WSJ report highlighting cheap stocks), VISN +1% (continued strength), CCL +0.7% (still checking), PPO +0.6% (announces settlement and license agreement with Sumitomo Chemical), WU +0.6% (still checking), KO +0.5% (ticking higher following positive Barron's mention), BITA +0.5% (continued strength), WMT +0.2% (following positive Barron's mention as defensive play of downsizing).
Analyst comments: DIS +0.7% (Disney upgraded to Buy from Neutral at Guggenheim)