U.S. PRE-MARKET MOVERS: ANV CDE EXEL GTAT HLIT KNDI NEM PARN

Equity movers in early trading, with shrs traded pre-mkt:

Advancers:

  • PGNX +11.8% (511k); Salix, Progenics Say Relistor Can Be Approved on SNDA Data
  • EXEL +12.2% (318.5k); Positive Top-Line Results for Phase 3 Trial of Cobimetinib
  • KNDI +9.7% (190.8k); Reports JV’s Sale of 4,114 Kandi Brand Ev in 2Q
  • PARN +6.4% (4.5k); New Buy at Jefferies; New Market Outperform at JMP; New Overweight at Piper Jaffray
  • PHX +10.5% (2k)
  • URS +9% (896.3k); Aecom to Buy Co. for $56.31-Shr
  • ACM +4.9% (358.1k)
  • ISR +7.3% (24k); Makes First Cesium-131 Delivery
  • PSTI +6.8% (16.3k)
  • APP +5.1% (137k)
  • ICPT +6.9% (11.5k); New Buy at Deutsche Bank
  • WLL +4.4% (48.2k); To Buy Kodiak Oil in Deal Valued at $6b
  • C +3.8% (1684k); 2Q Adj. EPS, Managed Rev. Beat Estimates; Settles Mortgage Probe With Justice Dept. for $7b
  • STEM +3.4% (21.4k)
  • JMEI +3.3% (1.6k); New Buy at BofA
  • MYL +2.2% (641.3k); Abbott to Sell Generic Drug Unit to Mylan for $5.3B
Decliners:
  • HLIT -10.2% (2.7k); Sees 3Q Net Rev. $103m to $113m, Est. $123.8m; 2Q Adj. EPS, Rev. Miss Ests.
  • GTAT -6% (443.5k); 2014 Guidance at Risk, Says CLSA: Fly
  • RVBD -4.4% (7.5k); 2Q Adj. Prelim Rev. $264m-$265m, Saw $274m-$280m
Gold Miners Indicated Lower:
  • ANV -3.8% (7.5k)
  • CDE -3.5% (9.7k)
  • NEM -1.9% (11.4k)
May Move:
  • AA: Files $5b Mixed Securities Shelf; ; in $1.1b Pact W/ Pratt & Whitney, Includes Fan Blade
  • AAPL: Emblaze: Jury Found Apple Did Not Infringe Patent; Upgraded at Barclays
  • ABDC: Upgraded at Raymond James
  • ABT: To Sell Unit to Mylan in Deal Valued About $5.3b
  • ACT: Confirms Generic Diclegis Patent Challenge
  • ADHD: Completes Recruitment in MDX Study, Sees Data This Qtr
  • AERI: Holder TPG Group Reports 14.5% Beneficial Ownership
  • AGN: Advises Stockholders to Take No Action at This Time
  • AGTC: Files to Offer 2m Shrs
  • AMTD: New Hold at Jefferies
  • ANF: Seeks $725M in Loans to Refinance Debt
  • APAM: Downgraded at Keefe Bruyette
  • ARDX: New Buy at Citigroup; New Market Outperform at JMP; New Outperform at Leerink Swann
  • ARIA: Says Completion of Iclusig Review Expected in Oct. ’14
  • ARUN: Raised to Outperform at Macquarie
  • BA: May Be "Approaching Good Value": Barron’s
  • BBT: Files Automatic Mixed Securities Shelf
  • BID: EBay and Sotheby’s Partner to Sell Art, Antiques Online
  • BONA: CEO to Buy 21st Century Fox’s Stake in Bona Film
  • CAG: Buys Chinese Potato Processor TaiMei for $93m
  • CBPX: Downgraded at RBC Capital
  • CCS: New Outperform at FBR
  • CLMS: Downgraded at Keefe Bruyette
  • CMCM: Rated New Outperform at Macquarie, PT $24
  • CMCSA: May Have Acquired Skydog WiFi Router: TechCrunch
  • CNO: Paulson Reduced Stake to 4.7%
  • COV: Downgraded at Piper Jaffray
  • CREG: To Get $50m Investment From YA Global
  • CRMBU: Lemonis, Fischer Enterprises to Provide Financing to Crumbs
  • CY: Licenses 55-Nanometer Embedded Flash IP to UMC
  • CYH: To Buy Natchez, Miss., Hospital
  • DAN: Downgraded at Goldman Sachs
  • DOV: May Rise 10%-15% Next 12-18 Months: Barron’s
  • DTV: Files Breach of Contract Lawsuit Against Al Jazeera
  • DWA: Downgraded at B. Riley
  • DYN: Downgraded at ISI
  • EA: NCAA Judge Inclined to Approve EA Settlement With Players
  • EAT: Upgraded at JPMorgan
  • EBAY: EBay and Sotheby’s Partner to Sell Art, Antiques Online; Downgraded at Pacific Crest
  • EBSB: Expects to Sell 32.5m Shrs at $10 Each
  • EGOV: Upgraded at Raymond James
  • ETFC: New Hold at Jefferies
  • ETN: ‘Stars Are Aligning’ for Potential Vehicle Spinoff: MS
  • EXLP: Buys Assets From Chesapeake Unit for $135m
  • FB: Reaches 280m Interactions for World Cup Final: WSJ
  • FELP: New Buy at Stifel; New Overweight at Morgan Stanley
  • FI: Names John Sinders Interim CFO
  • FMC: Downgraded at Jefferies
  • FNJN: Names Chinn Executive Chairman; Files $100m Mixed Securities Shelf
  • FOXA: Walden, Newman Said Close to Fox Network Posts: L.A. Times
  • FSL: Raised to Neutral at ISI Group
  • GE: American Airlines Picks CFM Engines for A320 Fleet
  • GM: U.S. Said to Develop Criminal Fraud Case vs GM: Reuters
  • GOOG: Looks to Have Android Lawsuit Dismissed: Reuters
  • GSJK: Boosts Qtr Distrib. to 45.25c/Unit From 44.5c, Est.

45.25c

  • GTIV: Kindred Boosts All-Cash Tender Offer for Gentiva to $16.00/Shr
  • GWR: Carloads up 7.7% in June
  • HAFC: Reports Sells Insurance Units to Chunha Holding
  • HE: Operation Looks "Stagnant"; May Have to Cut Div.: Barron’s
  • HL: 2Q Prelim Silver Production 2.5m Oz, Gold 43.6k Oz
  • HRG: Falcone’s Harbinger Sues U.S. Over LightSquared, WSJ Reports
  • HSNI: HSN’s Grossman Declines CEO Post at J.C. Penney: WSJ
  • IBM: IBM, Sichuan Huaxun Projects Total Investment 30b Yuan: Xinhua
  • ICE: Euronext Experiencing Intermittent Disconnections in CCG Order
  • INFA: Upgraded at Evercore
  • INSM: In Commercialization Pact With Pari Pharma GmbH
  • INT: To Buy Colt Intl LLC for $63m
  • IOC: Suspends Wahoo-1 Well in Papua New Guinea
  • IP: Downgraded at Buckingham
  • JCI: May Rally 20% to $61 or Higher in 12-18 Months: Barron’s
  • KKR: Takes 49% Stakes in Ringier’s Scout24 Schweiz, Omnimedia; To Buy 24.9% Interest in BlackGold Capital; No Other Terms
  • KLAC: Raised to Strong Buy at ISI Group
  • KND: Kindred Boosts All-Cash Tender Offer for Gentiva to $16.00/Shr
  • KOG: Whiting Petroleum to Buy Kodiak Oil in Deal Valued at $6b
  • LEA: Upgraded at Barclays
  • LGCY: Files $300m Mixed Securities Shelf
  • LGF: Sued by Holder Over U.S. Investigation: Reuters
  • LNG: Global Infrastructure May Buy 25% of Freeport LNG Dev.: WSJ
  • LNN: Cut to Neutral vs Buy at Monness Crespi Hardt
  • LOGM: Cohen Reports 5.2% Passive Stake in LogMeIn Inc
  • LVS: Sued for $5 Bln by Ex-Partner: Reuters
  • LXK: Boosts Tender Offer Price for Readsoft by 16%
  • MERC: Downgraded at TD Securities
  • MGCD: MGC to Buy Medisoft for $7.9m Cash, Warrants to Buy $1.4m Stock
  • MHR: Mid-Year Proved Reserves Up 10.7% Vs End of 2013
  • MNK: Mallinckrodt, Questcor See Deal Completed in Aug.
  • MRKT: New Buy at Deutsche Bank
  • MTSC: New Buy at Needham
  • NAVI: Added to Focus List at Compass Point
  • NCS: Downgraded at RBC Capital
  • NDAQ: Upgraded at Evercore
  • NDSN: Upgraded at Global Hunter
  • NE: Board Oks Spin-Off of Paragon Offshore; Sets July 23
  • NWSA: Says Too Early to Judge Abbott Govt, Australian Reports
  • OPLK: Holder Engaged Has Had Talks With Issuer Over Options
  • OPRX: New Buy at Merriman Capital
  • OPY: Europe Ponders Entering Corporate Adviser Market: FT
  • ORAN: May Rise 25% in Yr, Offer 30% Total Return: Barron’s
  • ORB: Rocket Makes Successful Liftoff in Virginia
  • PLD: Nippon Prologis REIT Registers to Sell Up to 100b Yen of Bonds
  • PSX: Reports Incident at Refinery in Los Angeles
  • QCOM: Cut to Neutral at ISI Group
  • QCOR: Mallinckrodt, Questcor See Deal Completed in Aug.
  • R: Boosts Qtrly Cash Div to 37c From 34c, Est. 37c
  • RAI: Upgraded at RBC Capital
  • RALY: Holder Discovery Group Reports Stake of 5.9%
  • RCPI: FDA to Provide Comment on Ind Before Trial Grant
  • RLD: COO Craig Gatarz Resigns Effective July 15: Filing
  • RTN: US Air Force Awards Raytheon $80m for MALD-J
  • RYAM: May Rise 30% in 12-18 Months: Barron’s
  • SAAS: Registers 4.26m-Shr Offer on Holders’ Behalf
  • SBLK: Star Bulk Merger With Oceanbulk Companies Closes
  • SBNY: Upgraded at Sterne Agee
  • SCHW: New Buy at Jefferies
  • SGYP: Sees Top-Line Data Phase 3 CIC Trial in 2Q 2015
  • SHPG: Said Seeking AbbVie Bid Close to GBP53 Shr: Reuters
  • SKYW: June Traffic Down 1.4% Y/y
  • SLXP: Says FDA Office of Drug Evaluation III Oks Request
  • SNCR: Buys Voxmobili SA for About $26m
  • SOL: Files $150m Shelf for Shrs, Pfd Shrs, Warrants
  • SPY: Goldman Boosts Ye2014 S&P 500 Target to 2,050 From 1,900
  • SRE: Gets FAA Approval to Test Drones: L.A. Times
  • TBBK: Registers up to $50m Shrs
  • TESO: May Buy Back Shrs up to $100m
  • TRIP: Downgraded at Nomura
  • TRMB: Acquires Assets of The Omega Group
  • TSLA: Pennsylvania’s Tesla Store Measure Signed by Corbett: AP
  • TWTR: Reports World Cup Final Generated 32.1m Tweets
  • TWX: ‘Planet of the Apes’ Reigns in Cinemas With Sales of $73m
  • UAL: To Cut Venezuela Flights to 4/Wk From Daily in Sept
  • UIS: Pennsylvania Selects Unisys for Pact With Est. Value $681m
  • USG: Downgraded at RBC Capital
  • UTX: Pratt & Whitney PW150C Engine to Power Avic’s New MA700 Craft
  • VC: Downgraded at Barclays
  • VIAB: Hulu, South Park Report Exclusive Multi-Year Content Licensing
  • VMC: Downgraded at RBC Capital; Names J. Thomas Hill President/CEO
  • VNOM: New Outperform at Wells Fargo; New Overweight at Barclays
  • VRTV: New Overweight at Barclays
  • WFC: Downgraded at JPMorgan
  • WFT: Rosneft Acquires Weatherford Oil Field Services: Company
  • WHF: Upgraded at Wunderlich
  • X: U.S. Sets Duties on Steel Pipe From Korea, Eight Other Nations
  • YELP: New Underweight at Evercore
  • ZEP: Agrees to Pay $905k to Resolve EPA Allegations
  • ZGNX: Reports New Patent for DosePro Valid Through 2032
  • ZSPH: New Outperform at BMO Capital, William Blair; New
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