Monday, October 12, 2015

Monday Oct 12 Morning Notes

Es: flat at 2006.25
Vx: +0.4% at 18.25
Cl: Flat at 49.65

Earnings: INFY -3.75% at 18.43
Other News: PSX approves another $2b for stock buyback, stock up 0.5% at 84.000

GAINERS:
ESPR: +17% at 28,.65, moving on the LLY news
EMC: +3.5% at 28.84, 6m: EMC confirms it will to be acquired by Dell for $67 billion in cash and stock deal; valued at $33.15 per share
REGN: +3% at 519.20, 10k - up on LLY fail
AMGN: +2.7% at 153.60, 61k - up on LLY fail as well

LOSERS:
LLY: -10.4% at 77.15, 873k - Cholesterol pill trial shutdown
VMW: -6.23% at 73.75, 36k - Earnings Pre-announce as Dell acquires EMC
MRK: -3.4% at 49.20, 79k - LLY sympathy
INFY: -2.9% at 18.60, 2.5k
RIG: -1.9% at 16.65, 12.2k
TWTR: -1.8% at 30.27, 97k - Recode reports layoffs coming this week
 
TT Track of the Day: Sir Mix A Lot's "Posse on Broadway"

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