InvestorsHub Logo
Followers 119
Posts 77595
Boards Moderated 4
Alias Born 05/26/2004

Re: None

Tuesday, 10/13/2015 12:44:21 PM

Tuesday, October 13, 2015 12:44:21 PM

Post# of 704570
The following are some of today's most notable movers of interest, categorized by market capitalization (large cap over $10 billion and mid cap between $2-10 billion) and ranked by % change (all stocks over 100K average daily volume).
Large Cap Gainers
SAP (72.49 +5.9%): Reported preliminary Q3 results above consensus, reaffirmed FY15 outlook.
TWTR (30.17 +4.94%): Confirmed a restructuring, which will involve a reduction of 8% of its workforce; sees Q3 revenue and adjusted EBITDA at or above the high end of the previously forecasted ranges.
STJ (67.22 +2.8%): Seen as a beneficiary after peer HeartWare (HTWR) disclosed in a regulatory filing that it has began investigating causes of reported adverse events in certain clinical trial patients and may not re-initiate enrollment in the MVAD clinical trial in November as it previously expected.
Large Cap Losers
BSBR (3.65 -6.89%): Downgraded to Underperform from Neutral at Credit Suisse.
VALE (4.92 -6.29%): Brazilian names underperforming across the board (BBD, ITUB, PBR, ABEV also lower).
VMW (69.46 -3.89%): Continued weakness following the Dell/EMC deal, downgraded to Mkt Perform from Mkt Outperform at JMP Securities.
Mid Cap Gainers
FIG (5.75 +5.7%): Confirmed it will shutter its Fortress Macro Fund and that Principal and CIO Michael Novogratz would retire at year-end; FIG will repurchase Novogratz' Fortress Operating Group Units, which will reduce the dividend-paying share count by ~13%.
YNDX (12.95 +6.23%): Announced a strategic cooperation agreement with Microsoft (MSFT); Yandex will be offered as the default homepage and search for the Microsoft Edge browser as well as IE across Windows 10 devices in Russia, Belarus, Kazakhstan, Ukraine, Turkey, and several other countries in the region.
WCG (89.83 +5.48%): Announced that its Iowa subsidiary signed a contract with the Iowa Department of Human Services to serve Iowa's Medicaid Managed Care program statewide.
Mid Cap Losers
R (69.12 -8.64%): Lowered its Q3 EPS guidance, offered Q4 EPS guidance below consensus.
JBLU (25 -6.92%): Reported September traffic, showing an increase in RPMs of 13.3% Y/Y on a capacity increase of 13.1%; downgraded to Neutral from Overweight at JP Morgan.
FMC (36.04 -3.97%): Trimmed its Q3, FY15 adj-EPS outlook well below consensus due to the recent 'rapid devaluation of the Brazilian real' and its effect on FMC's Agricultural Solutions segment; will reduce headcount by 800-850 positions.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.