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Catabasis Pharmaceuticals Inc. (CATB) announced Thursday morning that it has entered into a joint research collaboration with Sarepta Therapeutics (SRPT). The companies will explore a combination drug treatment approach for Duchenne muscular dystrophy. Catabasis Pharmaceuticals gapped up at the open...

Alcobra Ltd. (ADHD) announced that its investigational New Drug Applications for drug candidate MDX in Attention Deficit Hyperactivity Disorder and Fragile X Syndrome have been put on full clinical hold, following adverse neurological findings in a pre-clinical study. Alcobra has gapped open dramatically...

Bloomberg reported after the bell Wednesday that Scottrade Financial Services is working with an advisor to explore a possible sale of the company. TD Ameritrade Holding (AMTD) is reportedly one of the potential suitors. TD Ameritrade has gapped open sharply higher Thursday morning and is now up 1.62...

Deutsche Bank upgraded its rating on shares of eBay Inc. (EBAY) Thursday morning to "Buy" from "Hold." eBay has gapped open sharply higher this morning and is now up 1.23 at $33.08. The stock has broken out of a 1-month trading range and has set a new high for the year.

ConAgra Foods Inc. (CAG) reported first quarter adjusted EPS from continuing operations of $0.61 Thursday morning, compared to $0.41 in the year-ago period. Analysts expected EPS of $0.48. ConAgra Foods has gapped open sharply higher Thursday morning and is now up 2.59 at $45.72. The stock has jumped...

Accenture (ACN) reported fourth quarter adjusted EPS of $1.31 Thursday morning, which topped the consensus estimate of $1.30. Accenture has gapped open sharply higher Thursday morning and is now up 5.25 at $121.90. The stock has surged past resistance and has set a new high for the year.

Intra-Cellular Therapies (ITCI) announced after the bell Wednesday that neither dose of ITI-007 separated from placebo on the primary endpoint in its second Phase 3 clinical trial in the treatment of schizophrenia. Intra-Cellular Therapies has gapped open dramatically lower Thursday morning and is...

SkyPeople Fruit Juice (SPU) has been climbing sharply since the open of trade Wednesday and is currently higher by 2.41 at $9.45 on above average volume. SkyPeople Fruit Juice is rebounding off of support, following over a 2-week decline.

Incyte Corp. (INCY) announced updated data from the Phase 1 portion of the ECHO-202 trial evaluating epacadostat, in combination with Merck's Keytruda. The data showed a disease control rate of 74 percent and an overall response rate of 58 percent in patients with treatment-naïve advanced melanoma. Incyte...

Credit Suisse upgraded its rating on shares of Dillard's Inc. (DDS) Wednesday morning to "Outperform" from "Neutral." Dillard's gapped open higher Wednesday and has continued to rise in early trade. The stock is now up 3.74 at $61.88. Dillard's has broken out to nearly a 1-month high.

Wedbush downgraded its rating on shares of Alphabet Inc. (GOOGL) Wednesday morning to "Underperform" from "Neutral." Alphabet gapped open lower this morning and has continued to lose ground in early trade. The stock is now down 5.28 at $805.45. Alphabet is trading near the middle of a 2-month trading...

Paychex Inc. (PAYX) reported first quarter EPS of $0.60 Wednesday morning, compared to $0.58 a year ago. Revenues rose 8.6% to $785.5 million from $723.0 million last year. The consensus estimates were for EPS of $0.57 and revenues of $782.8 million. Paychex gapped open lower Wednesday and has fallen...

Anavex Life Sciences (AVXL) announced Wednesday morning that it has signed a material transfer agreement with Biogen (BIIB). Biogen will test the company's ANAVEX 2-73 product in an oligodendrocyte precursor cell differentiation assay. Anavex gapped open sharply higher this morning and is now up 1.25...

Sonic Corp. (SONC) announced after the bell Tuesday that it expects to report fourth quarter adjusted EPS of $0.43 to $0.45. The company estimates that system-wide same-store sales decreased approximately 2.0% in the quarter. Sonic has gapped open lower Wednesday morning and is now down 1.26 at $26.18....

Tempur Sealy International (TPX) announced after the close Tuesday that third quarter net sales are below its prior expectations. As a result, full year net sales are expected to be down 1 to 3 percent from 2015. Tempur Sealy International has gapped open dramatically lower Wednesday morning and...

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