$SCMP,$CADX were nice day trades and I still hold half of $CADX.
$ARC, $BIOL,$ASTX,$RVLT $VLTC and $GTAT were all swings that performed extremely well for me as I took profits in each.
Hopefully I can continue with that momentum today.
Morning movers and stocks on watch
$IDIX pr, $MRGE pr, $ZIXI pr, $CYTR,$OCLS pr , $ENPH 6 dolla roll, $ACAD 14 dolla crack, $AMBA,$ANAC, $CERS pr, $CIMT, $CALL, $MELA bottom bounce, $ACRX pr, $GLW pr ,$CADX,$BYD PR ,$PTIE PR
Seeking Alpha and Briefing.com are both lagging on my updates I will post them once I have them.
Briefing.com
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Gapping down
In reaction to disappointing earnings/guidance: VOCS
-32.5% (also downgraded
by multiple analysts), UIS -17.4%, EW -16.3% (also
downgraded to Neutral from Buy at Lazard), ETH -13.7%, DV -8.9%, AWAY -8.1%, RES -7.8%, CREE -7.5%, HA -6.6% (light volume), PNRA -6.3% (also announced Co-CEO Bill Moreton to Transition to Executive Vice Chairman), JNPR -6.1%, VMW -6%, AMGN -6% (also downgraded to Neutral from Overweight at Piper Jaffray), PLCM -5.6%, HLIT -5.3%, JNY -4.4%, CG -3.9%, USNA -3.6%, (light volume), MSI -3.5%, (ticking lower), AAPL -3.4% ( raises buyback $50 bln to $60 bln; raises quarterly dividend 15%, downgraded at BMO), DEG -3.3%, (light volume), RFMD -3.1%, PG -2.5%, BCS -1.7%, T -1.5%, EMC -1.2%, GSK -0.6%, NSC -0.4%, NVS -0.4%.
Other news: AFFY -11.7% (discloses it entered into a
Consulting Engagement
Agreement for restructuring support and related
management services ), ARMH -3.3% and CSCO -1.3%, CIEN -1.1% (following JNPR/AAPL results), LYG -1.3% (Lloyds Banking planned sale of 630 UK bank branches has fell apart, according to reports), VOD -0.8% and VZ -0.6% (following T results; also Vodafone PLC will not rely on cash from Verizon stake to pay dividend, according to reports), VRTX -0.6% (CFO sold ~745.7k shares and Corporate Controller sold ~22.5k shares at ~$81.50 per share for total value of ~$62.6 mln )
Analyst comments: IRWD -2.2% (downgraded to Underperform
from Neutral at
Wedbush, downgraded at Morgan Stanley), SBRA -1.8% (light
volume, downgraded to Hold from Buy at Jefferies), NNN O -0.6% (downgraded to Neutral from Outperform at Robert W. Baird)
Gapping up
In reaction to strong earnings/guidance: IRBT +16.8%, LAD
+8.6%, LL +7.4%,
BRCM +5.1%, AFOP +5% (light volume), YUM +3.7%, ABX
+3.5%, BA +2.7%, ABB +2.5%, WLP +2.4%, ZIXI +2.2%, GLW +2.1% (light volume), FTE +2%, ELN +1.8%, WM +1.3% (light volume), ERIC +0.9% (light volume).
M&A related: BHI +2.2% (Baker Hughes recommends
stockholders reject
'Mini-Tender Offer' by TRC Capital), BMC +0.8% (lifting
on reports of KKR and Bain potential separate bids).
Select financial related names showing strength: ING
+1.4%, RBS +1%, HBC
+0.9%, DB +0.7%, .
Metals/mining stocks trading higher: RIO +3.9%, BBL
+2.6%, HMY +2.6%, MT
+2.5%, GFI +2.4%, BHP +2.2%, GOLD +2.2%, GDX +1.7%, EGO
+1.3%, VALE +1.2%, GLD +0.5%.
Other news: CRNT +8.6% (ticking higher, Ceragon wins $8
mln expansion orders
from a leading Latin America operator), CLSN +5.7%
(ticking higher, continued strength), ENZN +4.4% (Concludes Review of Possible Asset Sales, Sale of the Company; Announces $1.60 Special Dividend and Periodic Royalty Dividends), NVO +3.1% (may be attributed to reports related to discovery agreement), FDX ++1.2(signs new seven-year $10.5 bln express air transportation agreement with U.S. Postal Service, Hearing positive mention at JPMorgan following USPS contract win), SPNC +0% (announces 4.75 mln share common stock offering), GOOD +0% (Announces Common Stock Offering; terms not disclosed). Today's Upgrades: | ||
| Company | Ticker | Brokerage Firm |
| Coach | COH | Credit Agricole |
| Braskem SA | BAK | JP Morgan |
| CIT Group | CIT | Oppenheimer |
| Ryder System | R | Wells Fargo |
| eBay | EBAY | Wells Fargo |
| Baker Hughes | BHI | Credit Suisse |
| Braskem SA | BAK | Citigroup |
| Halliburton | HAL | Societe Generale |
| Deutsche Post | DPSGY | JP Morgan |
| Ares Capital | ARCC | JP Morgan |
| Today's Downgrades: | ||
| Company | Ticker | Brokerage Firm |
| Vocus | VOCS | Stifel |
| Community Bank | CBU | Boenning & Scattergood |
| Freeport-McMoRan | FCX | Argus |
| Ironwood Pharma | IRWD | Wedbush |
| Vocus | VOCS | Raymond James |
| Ironwood Pharma | IRWD | Morgan Stanley |
| Edwards Lifesciences | EW | Lazard |
| AT&T | T | Citigroup |
| Associated British Foods | ASBFY | Societe Generale |
| AT&T | T | Morgan Stanley |
| Sabra Healthcare REIT | SBRA | Jefferies |
| Discover Financial Services | DFS | Jefferies |
| Amgen | AMGN | Piper Jaffray |
| Ventas | VTR | Jefferies |
| Theravance | THRX | Bernstein |
| Vocus | VOCS | FBR Capital |
| Flushing Fin | FFIC | FBR Capital |
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