Notable ETF Movers of the Day : Gainers Financial Select Sector SPDR (NYSE: XLF) up 1.24% to $15.49. And “boom” goes the dynamite. When shares of Citi (NYSE: C) are killing, you know its going to be a good day in the sector. Just sit back and bask in the glory as investors are shrugging off the government coming at the industry with...

Datalink Corp. (Nasdaq: DTLK) 13% HIGHER; reports Q4 adjusted EPS of $0.10, 5 cents better than the analyst estimate of $0.05. Revenue for the quarter was $51.8 million, which compares to the estimate of $48.26 million. Asset Acceptance Capital Corp. (Nasdaq: AACC) 7% LOWER; reports Q4 loss of $0.66, which may not compare to the analyst estimate of...

UPGRADES UBS upgrades Dr Pepper Snapple (NYSE: DPS) from Neutral to Buy and raised their price target from $31 to $42. J.P. Morgan upgrades coverage on Level 3 Communications (NASDAQ: LVLT) from Underweight to Neutral. Piper Jaffray upgrades ProAssurance Corp. (NYSE: PRA) from Neutral to Overweight. Price target increased from $69 to $76. Click H...

Willbros Group, Inc. (NYSE: WG) today announced an agreement to acquire InfrastruX Group, Inc., a leading national provider of electric power and natural gas transmission and distribution infrastructure services. The acquisition creates an engineering and construction service provider with leadership positions in the global natural gas infrastruct...

SMTC Corp. (Nasdaq: SMTX) 55% HIGHER; reports Q4 EPS of $0.14, versus ($0.01) reported for the same period a year ago. Revenue for the quarter was $51.24 million, compared to $55.26 million in Q408.Z BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) 13% HIGHER; today announced positive results of a human clinical study that show that its GVAX Leukemia ...

Notable ETF Movers of the Day : Gainers iShares MSCI Japan Index (NYSE: EWJ) up 0.69% to $10.17. Though the Japanese GDP was revised downward, positive outlook for the economy has investors putting some money into stocks. Speculators are looking for the Japanese government to upgrade its over assessment of the economy for the first time since la...

Terra Industries Inc. (NYSE: TRA) today announced that its Board of Directors, in consultation with its independent financial and legal advisors, has unanimously determined that the proposal submitted by CF Industries Holdings, Inc. (NYSE: CF) on March 10, 2010 to acquire all of the outstanding common stock of Terra for $37.15 in cash and 0.0953 o...

Facet Biotech (Nasdaq: FACT) 66.2% HIGHER; Abbott (NYSE: ABT) to buy Facet for $27/share; deal valued at $450 million. Click here for the full report. InterMune Inc. (NASDAQ: ITMN) 65.8% HIGHER; A panel meeting of the Food and Drug Administration resulted in a recommendation for approval of a proposed lung drug from Intermune. The stock has been up...

UPGRADES InterMune, Inc. (NASDAQ: ITMN) gets some love from three firms: Wells Fargo upgrades from Market Perform to Outperform. Valuation range increased to $40-$46 from $23-$27. Click Here for more color. ThinkEquity upgrades to Buy from Hold. Canaccord Adams lifted their price target to a “Street high” of $66 per share, and maintai...

InterMune Inc. (NASDAQ: ITMN) 67.4% HIGHER; A panel meeting of the Food and Drug Administration resulted in a recommendation for approval of a proposed lung drug from Intermune. The stock has been upgraded at Wells Fargo and ThinkEquity this morning. Facet Biotech (Nasdaq: FACT) 66.4% HIGHER; Abbott (NYSE: ABT) to buy Facet for $27/share; deal valu...