>>>US Gapping up

Gapping up
In reaction to strong earnings/guidance
: KING +21.8%, CYBR +19.4%, CYTK +15.3%, SANW +13.9%, ELLI +12.9%, RCKY +11.7%, MTSN +11.4%, JCOM +11.4%, AEL +9%, JMP +7.4%, COLM +4.4%, NEWR +4.3%, LOGM +3.9%, CBS +3.8%, SVM +3.7%, WWWW +3.5%, QLIK +3.1%, EXC +3%, WAGE +2.7%, PTN +2.7%, ALNY +2.3%, MT +2.1%, RUTH +2%, RBCN+1.9%, WBC +1.9%, DTE +1.8%, BCOR +1.7%, CUZ +1.7%, ITT +1.6%, TRP +1.6%, BIOD +1.3%, BYD +1.1%, EMKR +1%, IRWD +0.9%

M&A news: FSL +10.2% (in discussions regarding possible sale, according to reports), XON +3.2% (has entered into a definitive agreement to acquire ActoGeniX for ~$60 mln), SLXP +1.3% (Shire (SHPG) may also bid for SLXP, according to reports)

Select EU financial related names showing strength: NBG +9.1%, IRE +3%, BCS +2.3%, SAN +1.4%, ING +1.3%

Select metals/mining stocks trading higher: ANV +4.4%, BHP +3.1%, BHP +3.1%, RIO +2.4%, AU +2%, EGO +1.2%, VALE +0.9%

Select oil/gas related names showing strength: SD +6.7%, GDP +5.5%, WLL +4.4%, WLL +4.4%, PBR +3.2%, RIG +2%, BAS +1.4%, .

Other news: GENE +8.5% (cont vol pre-mkt), STO +2.8% (to submit Johan Sverdup development plan to Norwegian Ministry of Petroleum and Energy), YNDX +2.7% (cont strength on back of Russia/Ukraine peace deal), OCLR +2.1% (prices offering of $55 mln of convertible senior notes at 6.00%, with maturities at 2020), FEYE +1.7% (announces Global Threat Intelligence Sharing Initiative at White House Summit on cybersecurity and consumer protection), LOCK +1.5% (announced that Schwark Satyavolu has joined in the new position of Executive Vice President, product and technology, and Ty Shay will become Chief Marketing Officer on March 9), SUNE +1.4% (announces the completion of a 677 kilowatt ground-mount solar photovoltaic system that will provide energy for the AT&T (T) materials distribution facility)

Analyst comments: RDEN +5.4% (upgraded to Outperform from Market Perform at BMO Capital), ASNA +4.9% (upgraded to Buy from Hold at KeyBanc Capital Mkts), GSK +3.8% (upgraded to Buy from Sell at UBS), APA +1.8% (upgraded to Neutral from Underperform at BofA/Merrill), VLO +1.3% (upgraded to Buy from Neutral at Goldman; Added to Conviction Buy List), WPX +0.6% (initiated with a Outperform at Raymond James), CRH +0.5% (added to Europe 1 List at BofA/Merrill)