>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance: PLXS +8% (light volume), CMG +6.8%, SNDK +6.7% (also assumed with an Overweight at Piper Jaffray), NE +4.2%, TPLM +4.1%, BHI +3.7%, BLK +3.2%, BX +3.1%, URI +3%, MS +2.9%, AF +2.9% (light volume), TSM +2.7% (light volume), ALSN +2.5% (light volume), PEP +2.4%, UNP +2.3%, SHW +2.3% (light volume), CY +2.1% (light volume), GE +2%, GS +1.5%, FHN +1.4% (ticking higher), PM +0.8%, BAX +0.8%, PTP +0.3%, (light volume).

M&A news: POST +1.4% (to acquire Michael Foods for $2.45 billion; transaction is expected to be accretive to Post's earnings per share prior to giving effect to purchase accounting adjustments and one-time transaction expenses), AIZ +0.5% (acquires StreetLinks for ~ $90 mln in cash, plus a potential earnout payment based on future performance; expected to be accretive to earnings in 2015).

Select financial related names showing strength boosted by earnings from several names in the sector: NBG +4.3% (upgraded to Neutral from Underweight at JP Morgan), BCS +3.6%, DB +0.8%, ING +0.6%, JPM +0.3%.

Battery related names are higher: FCEL +3%, PLUG +1.3%, CPST +1%,

A few India related names are modestly higher: TTM +1.8%, IBN +1.8%, VOD +0.5%

Other news: AAU +31% (ticking higher; announces positive PEA for the Ixtaca Gold-Silver Deposit, Mexico), SD +3.4% (positive MadMoney mention), NFLX +2.6% (Senator Franken critical of Comcast and NFLX interconnection deal, according to reports; upgraded to Outperform from Sector Perform at Pacific Crest)), EEFT +1.9% (Euronet and Wal-Mart to announce new service; will host call April 17 at 8:30am ET), END +1.6% (Endeavour Intl announces settlement of SM Energy (SM) litigation), SYT +1.1% (follow through from yesterday's earnings), MU +0.7% (following SNDK results)

Analyst comments: GOGO +5.9% (upgraded to Overweight from Neutral at JPMorgan), SCTY +2.3% (upgraded to Outperform form Neutral at Robert W. Baird), BWP +2.1% (upgraded to Overweight from Neutral at JPMorgan), BOFI +0.9% (upgraded to Buy from Neutral at Sterne Agee)