Gapping up
In reaction to strong earnings/guidance: LOGI +11.1%, CVTI +9%, BGG +6.4%, CY +5.9%, EBAY +3%, (also announced it is also be exploring strategic options for eBay Enterprise), UNP +2.3%, URI +2.2%, UAL +2.2%, HBAN +1.4%, NTCT +1.3%, BPOP +1.3%
M&A news: CYN +20.6% (to be acquired by RY for $93.80/share), PT +9.5% (shareholders are meeting today to vote on sale of PT Protugal to OIBR), BBRY +4.1% (Samsung (SSNLF) still considering purchase of BBRY, according to reports), OIBR +1.6% (shareholders are meeting today to vote on sale of PT Protugal to OIBR)
Select oil/gas related names showing strength: PBR +4.1%, RIG +2.7%, TOT +1.7%, BP +1.7%, RDS.A +1.7%, SSL +1.5%, HAL +0.9%
Other news: CLRX +30.4% (CollabRx and Medytox Solutions sign Non-Binding Letter of Intent for possible business combination), LAS +30.2% (announces management share purchase), NERV +21.4% (reports positive phase 1 data with MIN-202, Selective Orexin-2 Antagonist for treatment of sleep disorders including primary and comorbid insomnia), FXCM +12.4% (cont bounce pre-mkt), NADL +11.1% (launches amendment process for NADL NOK 1.5 bln Bond Maturing in 2018), SDRL +4.8% (spin off North Atlantic Drilling (NADL) launches amendment process for NADL NOK 1.5 bln Bond Maturing in 2018 ), GCI +4% (reports that Carl Icahn nominated two directors; 'Focus is on governance at spin off- sources. 13d expected shortly'), SBSI +3.9% (still checking), GOL +3.3% (announces new corporate structure and corporate governance), ENDP +2.9% (to replace COV in the S&P 500), LUV +2.4% (in symp with UAL's earnings), GT +1.7% (Department of Commerce announced its determination in the antidumping duty investigation of imports of certain passenger vehicle and light truck tires from China)
Analyst comments: ALU +4% (upgraded to Buy from Neutral at Goldman -- Added to Conviction Buy List), CHUY +2.8% (upgraded to Outperform from Market Perform at Wells Fargo), RIO +2.2% (upgraded to Buy at Investec), VALE +2.1% (initiated with a Buy at Societe Generale ), NOK +1.8% (reinstated with a Buy at Goldman), SODA +1.5% (upgraded to Hold from Sell at Stifel), BLUE +0.9% (reinstated with a Buy at BofA/Merrill)