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Re: iconoclassic post# 362669

Friday, 05/16/2014 8:36:43 AM

Friday, May 16, 2014 8:36:43 AM

Post# of 376163
Gapping up :


In reaction to strong earnings/guidance: KGJI +33.3%, JCP +17.1% (also tgt raised to $10 from $6 at Deutsche Bank), XGTI +11.5% (also announces New Mexican Patent Award), JWN +10.9% (also upgraded to Outperform from Neutral at Credit Suisse), QUNR +6.7%, ADSK +4.8%, EGLE +4%, AMAT +1.7%, DDS +1% (light volume).

M&A news: OVRL +33.8% (Overland Storage and Sphere 3D enter into definitive merger agreementin transaction with implied value of ~$4.43/share ), RAX +13.6% (following late spike; co has confirmed it hired Morgan Stanley after being approached by multiple parties), DCIN +9.1% (to be acquired by Carmike Cinemas in an all stock transaction; each Digiplex share will be exchanged for 0.1775 shares of Carmike common stock), ABT +1.4% (expands Latin American presence and branded generics portfolio with acquisition of CFR Pharmaceuticals).

India names higher with strength in overseas trading -- boosted by election results: IBN +8.3%, SSLT +5.8%, HDB +4.1%, TTM +2.2%, RDY +0.6%,

A few 3-D printing related names are trading higher : DDD +2%, ONVO +1.6%

Other news: LRCX +4.7% (Greenlight Capital disclosed new position), LO +4.3% (Greenlight Capital disclosed new position), DEO +2% (still checking), ARO +1.8% (still checking), CVE +1.8% (positive MadMoney mention), BUD +1.8% (still checking), MAS +1.7% (Third Point disclosed new stake), PLUG +1.7% (positive MadMoney mention), VZ +1.6% (Berkshire Hathaway discloses new 11.02 mln share position in VZ; Third Point disclosed new stake; Paulson & Co disclosed new position), ENZY +1.4% (reports a request for arbitration by AAK), SUNE +1.4% (Greenlight Capital increased position), AHC +1.2% (announces special and regular dividends), HSBC +1.2% (still checking for anything specific), DXCM +0.8% (positive MadMoney mention), MA +0.7% (Berkshire Hathaway increased stake), WMT +0.4% (Berkshire Hathaway increased position; Barron's profiles positive view on Wal-Mart ), UNP +0.2% (announces 2-for-1 stock split; increases 2014 capital expenditures by $150 mln to $4.1 bln), TWTR +0.2% (reports indicate Twitter will not be blocked by Russia; upgraded to Hold at Wunderlich).

Analyst comments: TST +4% (initiated with a Buy at B. Riley & Co.; tgt $4.15 ), TISA +1.8% (initiated with a Buy at ROTH Capital), SMCI +1.4% (upgraded to Buy at Stifel;), NBG +0.7% (upgraded to Overweight from Neutral at JP Morgan), TSS +0.6% (upgraded to Overweight from Equal Weight at First Analysis ), TWTC +0.5% (upgraded to Buy from Neutral at Citigroup), LLL +0.3% (upgraded to Outperform from Neutral at Credit Suisse), KSU +0.3% (upgraded to Buy from Neutral at BofA/Merrill)

Read more: http://www.briefing.com/GeneralContent/Platinum/Active/FullTextSearch/FullTextSearch.aspx#ixzz31siZzoWW

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