Gapping Down
SIRF -17.1%, TOD -7.7%, RCL -2.1%, ABB -1.5%
Gapping Up
In reaction to strong earnings/guidance: FEED +11.5%, CPN +7.9%, HOGS +5.3%, LGF +5.0%, SYY +4.6% (light volume), DBD +2.1%…
M&A news: ITWO +2.4% (to be acquired by JDAS for $14.86 per share), RSG +1.8% (Waste Management confirms it improved all-cash proposal for Republic Services to $37/share, up from $34/share)…
Select oil/gas names showing strength: BP +1.4%, RDS.A +1.2%…
Other news: CHIP +27.3% (declares special cash dividend of $1.35 per share), CRXL +2.8% (still checking)…
Analyst comments: Q +4.5% (upgraded to Buy at Citigroup), ENER +3.2% (upgraded to Buy at UBS), ANAD +3.0% (upgraded to Accumulate at ThinkPanmure), CIEN +2.8% (upgraded to Outperform at Morgan Keegan), ELX +2.6% (upgraded to Buy at Citigroup), LDK +2.3% (initiated witjh Buy at ThinkPanmure).
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