Govt said to be seeking to release 5M barrels from the strategic petroleum reserve (SPR) in test sale to ensure proper operations and infrastructure - financial press
- note: The SPR has a capacity of 727M barrels
Building in upper Manhattan, NY reportedly has collapsed following an explosion; some individuals are trapped - press
- Building said to be on 116 street
Building in upper Manhattan, NY reportedly has collapsed following an explosion; some individuals are trapped - press
- Building said to be on 116 street
Building in upper Manhattan, NY reportedly has collapsed following an explosion; some individuals are trapped - press
- Building said to be on 116 street
Gapping down
In reaction to disappointing earnings/guidance: TEU -13.5%, CNTF -12.4%, EXPR -12.2%, KTOS -10.5%, (light volume), GCA -8.6%, SCLN -6%, DRC -5.8%, HRZN -2.9%, CZR -2.3%, (light volume), GMO -1.8%, MW -1.1%, .
M&A news: EXXI -6.5% (to acquire EPL for ~$39 per share).
Other news: GERN -60.9% (receives verbal notice from the FDA that its IND application for imetelstat has been placed on full clinical hold), FMCC -15.6% (volatility in early trade as participants continue to digest the Senate Housing Reform bill that led to sharp selloffs in these stocks yesterday), FNMA -13.2% (volatility in early trade as participants continue to digest the Senate Housing Reform bill that led to sharp selloffs in these stocks yesterday), MX -9.4% (Audit Committee of the Company's Board of Directors has determined that the Company incorrectly recognized revenue on certain transactions and as a result will restate its financial statements), DL -7.4% (prices follow-on public offering of an aggregate of 4 mln ADSs by the co and several selling shareholders at $21.00 per ADS), NOR -6.3% (disclosed that extraordinary weather production disruptions may result in a $0.03-0.04 increase in integrated cash cost per pound during Q1; announced secondary offering of 10 mln shares by Apollo Global Management), SDLP -4.4% (announced public offering of 10.4 mln common units), VIP -3.4% (announces investigation by SEC), QGEN -2.3% (announces Non-U.S. offer involving convertible notes ).
Analyst comments: SNTA -20.1% (downgraded to Sell from Hold at Stifel and downgraded to Underperform from Market Perform at BMO Capital Mkts), NWBO -6.8% (downgraded to Perform from Outperform at Oppenheimer), HRZN-2.9% (downgraded to Underperform from Mkt Perform at Keefe Bruyette), MSI -2.2% (downgraded to Sell from Neutral at Goldman), DRH -2% (downgraded to Underperform from Neutral at BofA/Merrill), FCEL -1.5% (downgraded to Market Perform at Cowen), AIG -1.3% (downgraded to Hold from Buy at Deutsche Bank), CHD -1.3% (downgraded to Neutral from Outperform at Credit Suisse)
M&A news: EXXI -6.5% (to acquire EPL for ~$39 per share).
Other news: GERN -60.9% (receives verbal notice from the FDA that its IND application for imetelstat has been placed on full clinical hold), FMCC -15.6% (volatility in early trade as participants continue to digest the Senate Housing Reform bill that led to sharp selloffs in these stocks yesterday), FNMA -13.2% (volatility in early trade as participants continue to digest the Senate Housing Reform bill that led to sharp selloffs in these stocks yesterday), MX -9.4% (Audit Committee of the Company's Board of Directors has determined that the Company incorrectly recognized revenue on certain transactions and as a result will restate its financial statements), DL -7.4% (prices follow-on public offering of an aggregate of 4 mln ADSs by the co and several selling shareholders at $21.00 per ADS), NOR -6.3% (disclosed that extraordinary weather production disruptions may result in a $0.03-0.04 increase in integrated cash cost per pound during Q1; announced secondary offering of 10 mln shares by Apollo Global Management), SDLP -4.4% (announced public offering of 10.4 mln common units), VIP -3.4% (announces investigation by SEC), QGEN -2.3% (announces Non-U.S. offer involving convertible notes ).
Analyst comments: SNTA -20.1% (downgraded to Sell from Hold at Stifel and downgraded to Underperform from Market Perform at BMO Capital Mkts), NWBO -6.8% (downgraded to Perform from Outperform at Oppenheimer), HRZN-2.9% (downgraded to Underperform from Mkt Perform at Keefe Bruyette), MSI -2.2% (downgraded to Sell from Neutral at Goldman), DRH -2% (downgraded to Underperform from Neutral at BofA/Merrill), FCEL -1.5% (downgraded to Market Perform at Cowen), AIG -1.3% (downgraded to Hold from Buy at Deutsche Bank), CHD -1.3% (downgraded to Neutral from Outperform at Credit Suisse)
Gapping up
In reaction to strong earnings/guidance: CLIR +10.5%, PAY +9.3%, PRMW +8.3%, (light volume), DMND +5.8%, AXAS +4.8%, CYTX +4.2%, SAFT +3%, PUK +2.9%, QIWI +2.6%, NCS +2.5%, NJR +1.7%, EVOL +1.5%.
M&A news: EPL +29.2% (to be acquired by Energy XXI (EXXI) for total consideration of $2.3 bln; consideration to be received by EPL stockholders is valued at $39.00 per EPL share).
Select metals/mining stocks trading higher: IAG +2.4%, HL +2.1%, PAAS +1.8%, SVM +1.8%, GFI +1.8%, AU +1.7%, AUY +1.7%, NEM +1.5%, HMY +1.5%, SLW +1.4%, AG +1.4%, GDX +1.3%.
Other news: OXGN +134.3% (announces positive topline results from randomized phase 2 study GOG186I of ZYBRESTAT in combination with Avastin for recurrent ovarian cancer), RTIX +19.5% (co received CE Mark approval for Fortiva Porcine Dermis), CMRX +11.5% (reaches agreement with the FDA for the immediate initiation of a pilot trial of open-label brincidofovir for the treatment of adenovirus infections in immunocompromised patients), CLTX +6.6% (Provides Update on MRX-6 From FDA Pre-IND Meeting; MRX-6 to advance into Phase II trials in US upon filing of IND expected in 4Q14), TGTX +4.5% (announced $18.1 mln underwritten sale of common stock to a single institutional investor), TASR +1.8% (announces multiple orders of its TASER brand conducted electrical weapons and its next generation Smart Weapons), PSTI +1.3% (presents preclinical results for Pluristem's PLX-PAD Cells in tendon injury), SMLP +0.9% (prices upsized public offering of common units, also upgraded to Outperform from Neutral at Robert W. Baird).
Analyst comments: RAD +3.3% (upgraded to Buy from Neutral at Goldman), MCK +0.9% (added to Conviction Buy list at Goldman), ANGO +0.9% (upgraded to Outperform from Mkt Perform at Raymond James), WAG +0.9% (tgt raised to $90 from $67 at UBS), MLNX +0.7% (initiated with a Buy at Nomura)
M&A news: EPL +29.2% (to be acquired by Energy XXI (EXXI) for total consideration of $2.3 bln; consideration to be received by EPL stockholders is valued at $39.00 per EPL share).
Select metals/mining stocks trading higher: IAG +2.4%, HL +2.1%, PAAS +1.8%, SVM +1.8%, GFI +1.8%, AU +1.7%, AUY +1.7%, NEM +1.5%, HMY +1.5%, SLW +1.4%, AG +1.4%, GDX +1.3%.
Other news: OXGN +134.3% (announces positive topline results from randomized phase 2 study GOG186I of ZYBRESTAT in combination with Avastin for recurrent ovarian cancer), RTIX +19.5% (co received CE Mark approval for Fortiva Porcine Dermis), CMRX +11.5% (reaches agreement with the FDA for the immediate initiation of a pilot trial of open-label brincidofovir for the treatment of adenovirus infections in immunocompromised patients), CLTX +6.6% (Provides Update on MRX-6 From FDA Pre-IND Meeting; MRX-6 to advance into Phase II trials in US upon filing of IND expected in 4Q14), TGTX +4.5% (announced $18.1 mln underwritten sale of common stock to a single institutional investor), TASR +1.8% (announces multiple orders of its TASER brand conducted electrical weapons and its next generation Smart Weapons), PSTI +1.3% (presents preclinical results for Pluristem's PLX-PAD Cells in tendon injury), SMLP +0.9% (prices upsized public offering of common units, also upgraded to Outperform from Neutral at Robert W. Baird).
Analyst comments: RAD +3.3% (upgraded to Buy from Neutral at Goldman), MCK +0.9% (added to Conviction Buy list at Goldman), ANGO +0.9% (upgraded to Outperform from Mkt Perform at Raymond James), WAG +0.9% (tgt raised to $90 from $67 at UBS), MLNX +0.7% (initiated with a Buy at Nomura)
Early premarket gappers
Gapping up: OXGN +144.6%, PRMW +15.7%, PAY +11.1%, CLIR +10.5%, RTIX +9.6%, FNMA +8.3%, CLTX +6.6%, DMND +5.8%, FMCC +5.1%, TGTX +4.5%, PUK +4.5%, CYTX +4.2%, SAFT +3%, NCS +2.5%, CMRX +1.9%, EVOL +1.5%, PSTI +1%, SMLP +0.9%
Gapping down: GERN -57.3%, EXPR -16.4%, MX -12.8%, KTOS -12%, GCA -8.6%, NOR -7.3%, TEU -5.6%, SDLP -4.5%, HRZN -2.5%, CZR -2.3%, MW -1.2%, QGEN -1.1%, VIP -0.6%
Gapping down: GERN -57.3%, EXPR -16.4%, MX -12.8%, KTOS -12%, GCA -8.6%, NOR -7.3%, TEU -5.6%, SDLP -4.5%, HRZN -2.5%, CZR -2.3%, MW -1.2%, QGEN -1.1%, VIP -0.6%
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BN 03/12 11:59 *AT&T: THINGS HAVE CHANGED IN EUROPE, M&A WINDOW MAY HAVE CLOSED BN 03/12 11:58 *AT&T CFO: BUSINESS IN U.S. PICKING UP, THAT REMAINS CO. FOCUS BN 03/12 11:53 *AT&T CFO: THINGS IN EUROPE HAVE CHANGED, WINDOW MAY HAVE CLOSED BN 03/12 11:52 *AT&T CFO: EUROPE NEXT LOCATION FOR MOBILE INTERNET GROWTH BN 03/12 11:50 *AT&T CFO: LOOKING TO BRING GIGA-FIBER NET SERVICE TO DALLAS BN 03/12 11:50 *AT&T CFO JOHN STEPHENS SPEAKING AT INVESTOR CONFERENCE
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*AT&T: THINGS HAVE CHANGED IN EUROPE, M&A WINDOW MAY HAVE CLOSED 2014-03-12 11:59:57.668 GMT
--LARRY DITORE
-0- Mar/12/2014 11:59 GMT
* ALSTOM, FREYSSINET SIGN ACCORD OVER WIND TURBINE PARTS
- ALSTOM SAYS ACCORD WILL ENABLE IT TO PROVIDE HIGHER TOWERS
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BFW 03/12 07:10 *VODAFONE MAY OFFER AS MUCH AS EU7.6B FOR ONO: CONFIDENCIAL BN 03/12 07:07 *ONO BOARD EXPECT TO MAKE DEAL WITH VODAFONE, CONFIDENCIAL SAYS BN 03/12 07:07 *VODAFONE MAY OFFER AS MUCH AS EU7.6B FOR ONO: CONFIDENCIAL
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Vodafone May Offer as Much as EU7.6b for Ono: Confidencial 2014-03-12 07:11:00.573 GMT
By Emma Ross-Thomas March 12 (Bloomberg) -- Ono board “takes it for granted” that a deal will be reached with Vodafone, meaning the co. won’t carry out an IPO, El Confidencial reports, without saying where it got the information.
Link to Company News:{646721Z SM <Equity> CN <GO>} Link to Company News:{VOD LN <Equity> CN <GO>}
For Related News and Information: First Word scrolling panel: {FIRST<GO>} First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story: Emma Ross-Thomas at +34-91-700-9674 or erossthomas@bloomberg.net