>>> US Gapping up

Gapping up

M&A news: WPCS +20.6% (announces several new developments; looks to find a buyer for the 60% interest in its China-based joint venture), CEDU +2.3% (enters into definitive merger agreement for going private transaction for $7 per ADS), YGE +2.2% (entered an agreement to establish a joint venture with Shuozhou Coal Power), .

Select metals/mining stocks trading higher: SLV +3%, AU +2.9%, HMY +2%, GG +1.9%, GDX +1.8%, NEM +1.6%, GFI +1.6%, SLW +1.5%, KGC +1.4%, GLD +1.3%, ABX +1%.

Other news: PLUG +22.6% (announces it has met order targets set for the fourth quarter of 2013), HSOL +4.3% (to supply 11.5 MW to Ikaros Solar), ARIA +3.4% (seeing continued strength;confirmed will present at J.P. Morgan Healthcare Conference Jan 14), ORMP +2.9% (Sabby Management discloses 8.29% passive stake in 13G filing), EMITF +2.5% (announces court's approval of arrangement), USG +1.5% (Berkshire Hathaway (BRK.B) discloses 30.5% active stake in amended 13D filing).

Analyst comments: URBN +4.8% (upgraded to Buy from Hold at Jefferies), MCP +4.4% (target raised to $8 at DA Davidson), AEO +2.8% (upgraded to Buy from Hold at Jefferies), XLNX +2.1% (upgraded to Buy from Neutral at Goldman), X +0.8% (upgraded to Buy from Hold at KeyBanc Capital Mkts), BAC +0.7% (upgraded to Buy from Neutral at Citigroup)