Gapping up
In reaction to strong earnings/guidance: FIVE +16.6%, CXDC +11.5% (thinly traded), SCS +6.3% (also upgraded to Strong Buy from Outperform at Raymond James), CYCC +4.4% (thinly traded), SFM +4.3% (also announces public offering of 15 mln shares of common stock by Apollo Global Management and certain other stockholders), GOMO +3.2%, PVH +1%, MOV +0.4%, UBS+0.3% (is comfortable with previously stated outlook during investor presentation).
M&A related: YONG +15% (Consortium submitted a proposal to increase the previously offered merger consideration payable to holders of the Publicly Held Shares in connection with the proposed merger from $6.69 per share to $7.00 per share), YOKU +8.1% (higher on reports of Tencent (TCEHY) investment), ALNY +5% (Genzyme exercises its right to purchase additional shares of Alnylam common stock).
Select solar related names showing strength: JKS +3.5%, JASO +1.4%, SPWR +1.2% (sells more than 70 megawatts in concentrator cell packages for two projects in inner Mongolia, China).
A few metals/mining related names trading higher: KGC +1.6%, GG +1.1%, RIO +0.8% (Australia has cut price estimates on iron ore, according to reports ), GDX +0.5%, GLD +0.3%.
Select social media related names showing modest strength: YELP +2.5%, TWTR +1%, LNKD +0.9%.
Other news: OXGN +14.7% (continued strength), SINA +6.4% (YOKU sympathy), OIBR +4% (still checking), TASR +2.6% (ticking higher, Danville Police Department deploying EVIDENCE.com With 96 AXON On-Officer cameras), HIMX +2.4% (following FB news), TM +2.3% (plans to spend JPY 360 bln on share buyback, according to reports), SSLT +1.9% (still checking), DDD+0.9% (announces its ProJet 3510 MP 3D printer and proprietary VisiJet Stoneplast dental materials are now also available for use with 3Shape Implant Studio), SN +0.9% (lowered its total 2014 capital plan to $600-650 million from $650-700 million as a result of significant decreases in drilling and completions costs and efficiency improvements), DUK +0.8% (to sell unused nuclear fuel assemblies from retired Crystal River Nuclear Plant), PFE +0.6% (achieves primary endpoint with Phase 3B Top-Line Results Of GENOTROPIN in very young children born small for gestational age), AMZN +0.4% (Amazon Web Services Receives Department of Defense-Wide Provisional Authorization for All U.S. Regions), ICPT +0.3% (disclosed pre-arranged stock trading plans for execs),AAPL +0.2% (China smartphone market will reach 422 mln users this year, according to reports).
Analyst comments: VTNR +2.5% (ticking higher, initiated with a Buy at Wunderlich), NXPI +2.3% (upgraded to Overweight from Equal-Weight at Morgan Stanley), GRMN +1.9% (upgraded to Buy from Neutral at Citigroup; tgt raised to $65 from $50), BBRY +1% (target raised to $8 from $4 at Citigroup), MN +0.7% (Manning & Napier initiated with a Strong Buy at Raymond James), WBMD+0.5% (initiated with a Buy at Sun Trust Rbsn Humphrey), CVA +0.4% (upgraded to Outperform from Neutral at Robert W. Baird), MDSO +0.3% (initiated with a Buy at Sun Trust Rbsn Humphrey)
M&A related: YONG +15% (Consortium submitted a proposal to increase the previously offered merger consideration payable to holders of the Publicly Held Shares in connection with the proposed merger from $6.69 per share to $7.00 per share), YOKU +8.1% (higher on reports of Tencent (TCEHY) investment), ALNY +5% (Genzyme exercises its right to purchase additional shares of Alnylam common stock).
Select solar related names showing strength: JKS +3.5%, JASO +1.4%, SPWR +1.2% (sells more than 70 megawatts in concentrator cell packages for two projects in inner Mongolia, China).
A few metals/mining related names trading higher: KGC +1.6%, GG +1.1%, RIO +0.8% (Australia has cut price estimates on iron ore, according to reports ), GDX +0.5%, GLD +0.3%.
Select social media related names showing modest strength: YELP +2.5%, TWTR +1%, LNKD +0.9%.
Other news: OXGN +14.7% (continued strength), SINA +6.4% (YOKU sympathy), OIBR +4% (still checking), TASR +2.6% (ticking higher, Danville Police Department deploying EVIDENCE.com With 96 AXON On-Officer cameras), HIMX +2.4% (following FB news), TM +2.3% (plans to spend JPY 360 bln on share buyback, according to reports), SSLT +1.9% (still checking), DDD+0.9% (announces its ProJet 3510 MP 3D printer and proprietary VisiJet Stoneplast dental materials are now also available for use with 3Shape Implant Studio), SN +0.9% (lowered its total 2014 capital plan to $600-650 million from $650-700 million as a result of significant decreases in drilling and completions costs and efficiency improvements), DUK +0.8% (to sell unused nuclear fuel assemblies from retired Crystal River Nuclear Plant), PFE +0.6% (achieves primary endpoint with Phase 3B Top-Line Results Of GENOTROPIN in very young children born small for gestational age), AMZN +0.4% (Amazon Web Services Receives Department of Defense-Wide Provisional Authorization for All U.S. Regions), ICPT +0.3% (disclosed pre-arranged stock trading plans for execs),AAPL +0.2% (China smartphone market will reach 422 mln users this year, according to reports).
Analyst comments: VTNR +2.5% (ticking higher, initiated with a Buy at Wunderlich), NXPI +2.3% (upgraded to Overweight from Equal-Weight at Morgan Stanley), GRMN +1.9% (upgraded to Buy from Neutral at Citigroup; tgt raised to $65 from $50), BBRY +1% (target raised to $8 from $4 at Citigroup), MN +0.7% (Manning & Napier initiated with a Strong Buy at Raymond James), WBMD+0.5% (initiated with a Buy at Sun Trust Rbsn Humphrey), CVA +0.4% (upgraded to Outperform from Neutral at Robert W. Baird), MDSO +0.3% (initiated with a Buy at Sun Trust Rbsn Humphrey)