Gapping Down
In reaction to disappointing earnings/guidance: HSY-8.2% (downgraded to Hold at Citigroup and resumed with a Sell at Stifel Nicolaus)…
M&A news: TTWO -7.4% (Electronic Arts issues update on offer for Take-Two; will allow tender offer to expire)…
Other news: PMFG -41.8% (trading post split), FRE -8.9% and FNM -8.8% (Fannie Mae and Freddie Mac mentioned negatively in Barron’s)…
Analyst comments: BEAT -9.6% (downgraded to Hold at Citigroup and downgraded to Market Weight at Weisel), HBAN -3.4% (downgraded to Sell from Neutral at FTN Midwest).
Gapping Up
In reaction to strong earnings/guidance: FMCN +11.4%, SDTH +8.2%, TSL +2.7%, BHP +1.3%…
M&A news: UB +11.5% (Mitsubishi UFJ Financial Group and UnionBanCal sign definitive merger agreement)…
Select oil/gas stocks showing strength with higher crude: STO +2.9%, TOT +2.7%, RDS.A +2.0%, BP +1.5%…
Select metals/mining names showing strength with higher spot prices and weaker dollar: GFI +5.1%, SLV +2.4%, MT +2.2%, AUY +1.4%, RTP +1.0%…
Select solar names trading higher boosted by TSL results: SOLF +7.1%, SOL +4.0%, ESLR +1.7%, JASO +1.5%… Other news: DYAX +24.7% (announces DX-88 for hereditary angioedema meets primary and secondary endpoints in Phase 3 trial), RHD +14.4% (mentioned positively in Barron’s), UBS +2.1% (UBS chairman is certain co will be independent in 2 years, according to report - Reuters.com)…
Analyst comments: CDNS +4.7% (upgraded to Buy at Citigroup), POT +1.9% (added to Top Picks Live List at Citigroup).
If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions
No comments:
Post a Comment
Your spam will not get posted on my blog. No wizetrade spammers etc