Gapping up
In reaction to strong earnings/guidance:
APSG +11.8%,
TSRA +11.7% (also enters into technology license agreement with Motorola),
BOBE +9.3%,
FE +6.0%,
JOYG +1.0%...
M&A news:
DDUP +3.1% (NetApp raises DDUP acquisition offer to $30/share in cash and stock)...
Other news:
TIVO +46.1% (confirms Court rejected EchoStar's "attempted workaround claim" regarding the TiVo patent),
PPHM +25.0% (highlights "promising early data" from its three Phase II bavituximab cancer trials),
SAY +17.8% (SEBI OKs Tech Mahindra open offer - WSJ),
SGY +11.9% (announces deepwater discovery on Pyrenees Prospect),
CTIC +11.6% (announces that patients with cancer of the lower esophagus had evidence of a high pathological complete response rate when given OPAXIO),
IPAS +11.4% (to return up to $40 mln of capital to stockholders),
PMI +6.6% (The PMI Group ratings raised by Standard & Poor's),
CHLN +6.1% (still checking),
HEB +4.4% (continued momentum from yesterday's 25%+surge higher)...
Analyst comments:
AAI +7.0% (upgraded to Buy from Underperform at BofA/Merrill),
PLT +3.5% (upgraded to Overweight from Neutral at JP Morgan),
EBAY +1.3% (upgraded to Buy at Collins Stewart).