Gapping up
In reaction to strong earnings/guidance: BBY +13.9%, SOL +13.7%, QUNR +12.5%, EJ +10.8%, BHP +6.2%, PINC +5.1%, BMO +1.2%, PYDS +0.6%
Select China related names showing strength after PBOC cuts RRR (post Shanghai close): WBAI +13.3%, WUBA +9.8%, CMCM +9.5%, BTU +8.3%, BITA +8.1%, JMEI +7.1%, JD +6.7%, BABA +4.1%
Select fan favorites trading higher: NFLX +7.9%, AMBA +7.3%, SUNE +6.9%, FIT +6.8%, TSLA +4.6%, DDD +4.1%, TWTR +3.5%
Select solar names showing strength after China's RRR cut and SOL earnings : JKS +14.2%, TSL +11.1%, CSIQ +10.6%, FSLR +6.6%
Other news: ACOR +25.3% (announced that the Patent Trials and Appeal Board denied both inter partes reviews of AMPYRA patents), ESI +21.7% (favorable California ruling), NBG +12.4% (participating in relief rally in Europe), SCTY +7.8% (10% owner, Elon Musk, disclosed purchase of 123,510 shares at $34.82-45.35 worth ~$5.0 mln; also initiated with a Market Perform at Cowen) ING +7.2% (participating in relief rally in Europe), YHOO +5% (rebounding, trading higher with BABA as well), RAD +5% (rebounding from yday's sell off), ATML +4.7% (agrees to extend his retirement date to facilitate the completion of an ongoing strategic evaluation process), ITEK +4% ( Point72 Asset Management discloses 5.2% passive stake in 13G filing ), HD+2.7% (announced the completion of its acquisition of Interline Brands), LNCO +1.8% (Linn Energy CFO to depart co to seek other opportunities), NAVI +1.5% (disclosed its subsidiary received a Notice and Opportunity to Respond and Advise ('NORA') letter from the CFPB; CFPB is considering legal action against the company), FLEX +1.3% ( announces shareholder approval to purchase up to 20% of its outstanding shares; additionally, co's Board authorizes mgmt to purchase up to $500 mln in common stock)
Analyst comments: ROVI +6.1% (upgraded to Overweight from Neutral at JP Morgan), BAC +5.9% (upgraded to Outperform from Mkt Perform at Bernstein), WDAY +5.8% (upgraded to Buy at DA Davidson), PAY +5.7% (upgraded to Overweight from Neutral at Piper Jaffray), AAPL +5% (upgraded to Outperform from Market Perform at Wells Fargo), SFM +4.6% (upgraded to Buy from Hold at Deutsche Bank), JPM +4.5% (upgraded to Buy from Outperform at Credit Agricole), M +3.3% (upgraded to Hold from Sell at Deutsche Bank), MYGN +2% (upgraded to Buy at Investec)
In reaction to strong earnings/guidance: BBY +13.9%, SOL +13.7%, QUNR +12.5%, EJ +10.8%, BHP +6.2%, PINC +5.1%, BMO +1.2%, PYDS +0.6%
Select China related names showing strength after PBOC cuts RRR (post Shanghai close): WBAI +13.3%, WUBA +9.8%, CMCM +9.5%, BTU +8.3%, BITA +8.1%, JMEI +7.1%, JD +6.7%, BABA +4.1%
Select fan favorites trading higher: NFLX +7.9%, AMBA +7.3%, SUNE +6.9%, FIT +6.8%, TSLA +4.6%, DDD +4.1%, TWTR +3.5%
Select solar names showing strength after China's RRR cut and SOL earnings : JKS +14.2%, TSL +11.1%, CSIQ +10.6%, FSLR +6.6%
Other news: ACOR +25.3% (announced that the Patent Trials and Appeal Board denied both inter partes reviews of AMPYRA patents), ESI +21.7% (favorable California ruling), NBG +12.4% (participating in relief rally in Europe), SCTY +7.8% (10% owner, Elon Musk, disclosed purchase of 123,510 shares at $34.82-45.35 worth ~$5.0 mln; also initiated with a Market Perform at Cowen) ING +7.2% (participating in relief rally in Europe), YHOO +5% (rebounding, trading higher with BABA as well), RAD +5% (rebounding from yday's sell off), ATML +4.7% (agrees to extend his retirement date to facilitate the completion of an ongoing strategic evaluation process), ITEK +4% ( Point72 Asset Management discloses 5.2% passive stake in 13G filing ), HD+2.7% (announced the completion of its acquisition of Interline Brands), LNCO +1.8% (Linn Energy CFO to depart co to seek other opportunities), NAVI +1.5% (disclosed its subsidiary received a Notice and Opportunity to Respond and Advise ('NORA') letter from the CFPB; CFPB is considering legal action against the company), FLEX +1.3% ( announces shareholder approval to purchase up to 20% of its outstanding shares; additionally, co's Board authorizes mgmt to purchase up to $500 mln in common stock)
Analyst comments: ROVI +6.1% (upgraded to Overweight from Neutral at JP Morgan), BAC +5.9% (upgraded to Outperform from Mkt Perform at Bernstein), WDAY +5.8% (upgraded to Buy at DA Davidson), PAY +5.7% (upgraded to Overweight from Neutral at Piper Jaffray), AAPL +5% (upgraded to Outperform from Market Perform at Wells Fargo), SFM +4.6% (upgraded to Buy from Hold at Deutsche Bank), JPM +4.5% (upgraded to Buy from Outperform at Credit Agricole), M +3.3% (upgraded to Hold from Sell at Deutsche Bank), MYGN +2% (upgraded to Buy at Investec)