Gapping up
In reaction to strong earnings/guidance: CAAS +20.9% (light volume), RLD +20%, ARCW +19.2%, HTHT +19.0% (ticking higher), PEGA +16.3%, EJ +15.5%, CALL +15.3%, (also announces repurchase of $13 mln in Stock and Founder's Exit From Operations), QTWW +12.2% (light volume), SVA +10.4%, FU +10.1%, CVT +5.5%, (light volume), HMA +5.3 (also Health Management's Board of Directors affirms support of transaction with Community Health Systems; Glenview Capital confirms intention to vote for Community Health Systems' proposal), TC +5.2%, M +5.1%, PBPB +4.4%, TMHC +4%, (light volume), SINA +3.7%, MBI +2.9%, CSIQ +2%, WX +1.7%, YUM +0.7%, (reports October China same store sales declines 5% y/y ), NQ +0.6%, (also announces Senior Management Share Purchase Plan), PII +0.4% (announces buyback of 3.96 mln shares from Fuji Heavy Industries).
A few oil/gas names higher: BP +0.7% (still checking), TSO +0.5% (following MadMoney mention), RDS.A +0.3% ( near deal to build $11 bln petrochemical facility in Iraq, according to reports).
Select solar names showing modest strength: JASO +2.7%, YGE +2.3%, SOL +2.1%, JKS +1.4% ( has become one of the first Chinese solar PV companies to have obtained JIS Q 8901 Certification from TUV Rheinland), FSLR +0.5%.
Other news: MSTX +14% (following FDA orphan status news), JRCC +13.6% (modestly rebounding), COSI +12.1% (adopts stockholders rights plan), VSI +4.1% (SAC discloses stake), ANAC +3.2% (announces positive preliminary results from AN2728 MUSE Study in Pediatric and Adolescent Patients with Atopic Dermatitis), ODP +3.3% (Ronald C. Smith appointed Chairman and CEO), TSLA +3% (CEO Elon Musk discusses car fires; notes TSLA Model S cars are 5x less likely to have a fire than a gasoline car), MDLZ +2.4% (following KRFT / SBUX news), VVUS +2.3% ( Announces Issuance of Two Key U.S. Patents for Qsymia; Patent Coverage for Qsymia Extended to 2029), XRX +2% (following yesterday's analyst meeting), AMD +1.7% (still checking), CLF +1.6% ( following MadMoney mention), SRPT +1.1% (modestly rebounding), KRFT +0.8% (Starbucks concludes packaged coffee dispute with Kraft (KRFT); Kraft entitled to $2.23 bln in damages plus $527 mln in prejudgment interest and attorney's fees), ELLI +0.7% (following 3+ pt jump on PE speculation), NOV +0.7% ( following MadMoney mention), NLY +0.6% (President disclosed buying 100K shares at $10.43 on 11/12, worth ~$1.0 mln ), BBRY +0.3% (announced three German-based, enterprise customers have migrated to BlackBerry Enterprise Service 10).
Analyst comments: X +2.9% ( upgraded to Overweight from Equal-Weight at Morgan Stanley ), LULU +1.6% (initiated with a Overweight at JP Morgan), QCOM +1.3% (added to Conviction Buy list at Goldman), RHT +0.9% (upgraded to Overweight from Neutral at Piper Jaffray ), DATA +0.3% (initiated with a Buy at Janney)