>>> US Gapping Up

Gapping up
In reaction to strong earnings/guidance
:
  • ACIA +9.5%, ( files amended S-1 for offering of 4.5 mln shares, again raises Q3 guidance ), GPN +2.8%, ANGO +1.3%
M&A news:
  • ENH +4.2% (to be acquired by SOMPO Holdings for $93 per shares)
  • TWTR +3.7% (WSJ report that company might entertain bids this week including possible Salesforce (CRM) bid)
Select metals/mining stocks trading higher:
  • KGC +5.3%, AUY +2.9%, HL +2.5%, AG +2.3%, MT +2.2%, HMY +1.9%, SLW +1.7%, PAAS +1.6%, GFI +1.6%,
  • ABX +1.5%, GDX +1.5%, FCX +1.3%, RIO +1.3%, NEM +1.2%, GG +1.2%
Select oil/gas related names showing strength: DNR +8.8%, WLL +3.8%, RIG +3.4%, CHK +2.8%, STO +1.3%, RDS.A+1.1%, .

Other news:
  • AVXL +7.6% (announces a collaboration with Ariana Pharma to potentially accelerate ANAVEX 2-73's Phase 2/3 Alzheimer's clinical development timelines)
  • SALT +3.4% (light volume - President Robert Bugbee has purchased 60K common shares at average price of $3.60/share in the open market)
  • TWLO +3.3% (Chief Operating Officer Roy Ng transitions to Senior Vice President of Commercial Operations, effective immediately)
  • REN +3.2% (prices private offering of 55,000 shares of 8 1/8% Series B Cumulative Perpetual Convertible Preferred Stock)
  • NTIP +2.5% (thinly traded - announces settlement of patent litigation with Polycom)
  • ECA +2.3% (to outline five-year growth potential during investor day, updates 2016 guidance)
  • TEVA +1.2% (presenting at BioNetwork West Partnering Summit 2016)
  • SCTY +1% (launched residential solar service in South Carolina), .
Analyst comments:
  • AMRN +4.4% (initiated with a Buy at Cantor Fitzgerald)
  • CMRE +1.5% (upgraded to Overweight from Neutral at JP Morgan)
  • ARIA +2.2% (initiated with a Buy at SunTrust, $22 tgt)
  • E +1.2% (upgraded to Buy from Hold at Deutsche Bank)
  • Q +0.7% (initiated with a Buy at Goldman)