Gapping up
In reaction to strong earnings/guidance: WRES +26.2%, FIVN +12.6%, (light volume), MDAS +12.5%, KOPN +11.5%, RTEC +9.5%, TREE +9%, (light volume), ALLT +8.9%, IDTI +8.8%, COH +8.1%, TSRA +7.4%, QEP +7.2%, BPI +6.6%, PLOW +6%, MCEP +5.5%, QLYS +5.3%, S +4.8%, REGN +4.6%, CYH +4.3%, (Community Health plans to create a new publicly traded hospital company by spinning off a group of 38 hospitals and Quorum Health Resources), HW +4.1%, CTRP +4.1%, HAR +3.6%, TVPT +3.4%, LLNW +3.3%, CRTO +3.3%, MGM +3.3%, SNI +3.1%, ALDW +2.9%, DPLO +2.7%, ABMD +2.5%, NGLS +2.4%, IVAC +2.1%, ZTS +2.1%, RSPP +1.9%, AET +1.9%, ACRX +1.5%, ODP +1.3%, GEO +1.1%, OZM +0.9%,LPX +0.9%
M&A news: IPCM +35.6% (to be acquired by Team Health (TMH) in all-cash transaction with enterprise value of approx $1.6 bln or $80.25 per share), BXLT +20.5% (Shire (SHPG) proposes to acquire Baxalta for ~$45.23/share in stock; says Baxalta has declined to engage in substantive discussions ), LONG +17.4% (receives non-binding 'Going Private' offer for $18 per ADS, also reported earnings)
Select metals/mining stocks trading higher: CAS +8.4%, RIO +3%, CLF +2.9%, BHP +2.8%, MT +2.3%
Other news: MDAS +12.5% (Starboard confirms 8.7% stake in MedAssets, delivers letter outlining plan to increase shareholder value; believes operational improvements could push stock price to at least $37-$46), ISIS +1.4% ( reports positive data from its Phase 3 study of Kynamro Focus FH , showing the trial met its primary endpoint of reduction in LDL-cholesterol)
Analyst comments: SSYS +2.9% (upgraded to Overweight from Neutral at JP Morgan ), AA +1.7% (upgraded to Buy from Neutral at UBS), NGVC +1.4% (upgraded to Neutral from Underperform at Wedbush)
In reaction to strong earnings/guidance: WRES +26.2%, FIVN +12.6%, (light volume), MDAS +12.5%, KOPN +11.5%, RTEC +9.5%, TREE +9%, (light volume), ALLT +8.9%, IDTI +8.8%, COH +8.1%, TSRA +7.4%, QEP +7.2%, BPI +6.6%, PLOW +6%, MCEP +5.5%, QLYS +5.3%, S +4.8%, REGN +4.6%, CYH +4.3%, (Community Health plans to create a new publicly traded hospital company by spinning off a group of 38 hospitals and Quorum Health Resources), HW +4.1%, CTRP +4.1%, HAR +3.6%, TVPT +3.4%, LLNW +3.3%, CRTO +3.3%, MGM +3.3%, SNI +3.1%, ALDW +2.9%, DPLO +2.7%, ABMD +2.5%, NGLS +2.4%, IVAC +2.1%, ZTS +2.1%, RSPP +1.9%, AET +1.9%, ACRX +1.5%, ODP +1.3%, GEO +1.1%, OZM +0.9%,LPX +0.9%
M&A news: IPCM +35.6% (to be acquired by Team Health (TMH) in all-cash transaction with enterprise value of approx $1.6 bln or $80.25 per share), BXLT +20.5% (Shire (SHPG) proposes to acquire Baxalta for ~$45.23/share in stock; says Baxalta has declined to engage in substantive discussions ), LONG +17.4% (receives non-binding 'Going Private' offer for $18 per ADS, also reported earnings)
Select metals/mining stocks trading higher: CAS +8.4%, RIO +3%, CLF +2.9%, BHP +2.8%, MT +2.3%
Other news: MDAS +12.5% (Starboard confirms 8.7% stake in MedAssets, delivers letter outlining plan to increase shareholder value; believes operational improvements could push stock price to at least $37-$46), ISIS +1.4% ( reports positive data from its Phase 3 study of Kynamro Focus FH , showing the trial met its primary endpoint of reduction in LDL-cholesterol)
Analyst comments: SSYS +2.9% (upgraded to Overweight from Neutral at JP Morgan ), AA +1.7% (upgraded to Buy from Neutral at UBS), NGVC +1.4% (upgraded to Neutral from Underperform at Wedbush)