15 Biggest Mid-Day Gainers For Friday

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  • Eagle Bulk Shipping Inc EGLE shares surged 58.4 percent to $11.20. Eagle Bulk Shipping shares have tumbled 94.53 percent over the past 52 weeks, while the S&P 500 index has gained 11.95 percent in the same period.
  • Petroquest Energy Inc PQ shares climbed 33 percent to $2.34 as the company reported private exchange offers and a consent solicitation for its outstanding 10% Senior Notes due 2017 and its outstanding 10% Second Lien Senior Secured Notes due 2021. The company announced an entry into commitment letter for four year $50 million term loan facility. Johnson Rice upgraded Petroquest Energy from Accumulate to Buy.
  • Performance Sports Group Ltd PSG shares gained 27.2 percent to $2.29. The New York Post reported that Performance Sports is nearing a deal to get a 60-day extension to comply with its loan covenants.
  • Genco Shipping & Trading Limited GNK climbed 18.6 percent to $4.92. Genco Shipping & Trading shares have dipped 92.37 percent over the past 52 weeks, while the S&P 500 index has gained 11.95 percent in the same period.
  • Bottomline Technologies EPAY shares rose 12.9 percent to $23.50 as the company posted better-than-expected Q4 results.
  • Staffing 360 Solutions Inc STAF gained 11.6 percent to $1.44. Staffing 360 Solutions is scheduled to release financial results for the fiscal year ended May 31, 2016 on Monday, August 29, 2016.
  • Fiesta Restaurant Group Inc FRGI rose 9 percent to $24.92 after the company disclosed that its CEO Tim Taft will retire at the end of the 2016 fiscal year.
  • AMEC Foster Wheeler plc AMFW shares gained 6.8 percent to $7.50. Morgan Stanley upgraded AMEC Foster Wheeler from Equal-weight to Overweight.
  • Himax Technologies, Inc. (ADR) HIMX shares gained 5 percent to $9.80 after dropping 3.22 percent on Thursday.
  • Autodesk, Inc. ADSK shares rose 4.7 percent to $66.71 as the company posted upbeat results for the second quarter and lifted its guidance for the year.
  • Rackspace Hosting, Inc. RAX gained 4.1 percent to $31.41. Apollo Global Management LLC APO announced plans to buy Rackspace in a deal valued at $4.3 billion.
  • Ocwen Financial Corp OCN shares gained 3.8 percent to $3.31 as the company disclosed that its units have entered into a Consent Order with the Washington State Department of Financial Institutions.
  • Southern Copper Corp SCCO rose around 3 percent to $26.75. HSBC upgraded Southern Copper from Sell to Hold.
  • Horizon Global Corp HZN shares rose 2.4 percent to $18.28. DPE Deutsche Private Equity entered into a definitive agreement to sell Westfalia-Automotive and Terwa to Horizon Global.
  • Tata Motors Limited (ADR) TTM rose 2.2 percent to $38.77. For the three months ended June 30, Tata Motors posted consolidated net profit of 22.36 billion rupees ($333.7 million) on revenue of 661.01 billion rupees.
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