Today's noteworthy initiations include: 8x8, Inc. (EGHT) initiated with a Buy at Canaccord... Aspen Aerogels (ASPN) initiated with a Buy at Needham... Chiasma (CHMA) initiated with an Outperform at Cowen... Citizens Financial (CFG) initiated with a Buy at BofA/Merrill... Gerdau (GGB) initiated with a Buy at Goldman... Ollie's Bargain Outlet (OLLI) initiated with a Buy at Jefferies... Omeros (OMER) initiated with a Buy at Roth Capital... ProNAi Therapeutics (DNAI) initiated with a Buy at BofA/Merrill... RingCentral (RNG) initiated with a Buy at Canaccord... ShoreTel (SHOR) initiated with a Buy at Canaccord... Ternium (TX) initiated with a Buy at Goldman... Univar (UNVR) initiated with an Equal Weight at Barclays... Vonage (VG) initiated with a Buy at Canaccord.

Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Alcoa (AA)... To see the rest of the story go to thefly.com. See Story Here

"We are pleased to start the year with a solid first quarter, featuring a bounce back in capital markets fees, stable NIM, further improvement in our LDR, tight expense management and a strong capital and credit reserve position," said Chairman and CEO Bruce Van Saun. "We are executing well on our key strategic initiatives, including the Private Bank, NYC Metro, TOP 9 and servicing Private Capital. We remain comfortable with our full year guidance and are excited by our medium-term prospects."