>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:
  • FDX +12.2% (also authorizes new $5 bln share repurchase program), WS +3.9%
Other news:
  • ETON +5% (acquires U.S. rights to PKU GOLIKE)
  • YOU +3.3% (declares a $0.32/sh special dividend; also increases share repurchase program by $100 mln)
  • SAN +3.1% (expects over €6 billion in dividends and share buybacks against 2024 results)
  • MYGN +3% (announces foundational patent granted for Molecular Residual Disease with early priority date)
  • UPS +2.7% (in sympathy with strong FDX earnings)
  • ADVM +1.7% (files $200 mln mixed shelf securities offering)
  • FRD +1.7% (increases dividend)
  • INDI +1.7% (stock offering by selling shareholder)
  • VOD +1.4% (UK CMA says "Vodafone / Three deal could leave consumers and businesses worse off")
  • AEE +1.3% (receives approval to build or acquire approx. 400 MW of solar energy)
  • TAC +1.1% (enters into automatic share purchase plan)
Analyst comments:
  • BBY +2.2% (upgraded to Overweight from Neutral at JP Morgan)
  • FL +2% (upgraded to Neutral from Sell at Citigroup)
  • AMH +1.3% (upgraded to Buy from Neutral at Citigroup)
  • BANC +1% (upgraded to Outperform from Mkt Perform at Keefe Bruyette)