Gapping down
In reaction to disappointing earnings/guidance: WWE -24% (also NBCUniversal Cable Entertainment reaches multi-year deal with WWE for MONDAY NIGHT RAW on USA Network and SMACKDOWN on Syfy), ISR -10.6% (disclsoes Q1 in 10-Q: Narrowly misses single estimate), CSIQ -7.2%, ICLD -5.7%, YOD -4.1% (light volume), VJET -2.1%, PAYC -1%, (light volume), KOOL -0.7%.
M&A news: GTIV -1.1% (Gentiva Health Svcs Board of Directors rejects unsolicited proposal from Kindred Healthcare (KND); determines proposal significantly undervalues company and its prospects), PFE -0.2% (AstraZeneca has risks over Pfizer (PFE) tax avoidance strategy, according to reports) .
Solar names lower following CSIQ results: YGE -2.8%, JKS -2.7%, TSL -2.6%, SPWR -1.5%
Select financial related names showing weakness: ING -3%, BCS -1.7%, DB -1.4% (reaches agreement with Blackstone Real Estate Partners VII to sell Nevada Property 1, owner of The Cosmopolitan of Las Vegas, for $1.73 bln ), RBS -1.4%, CS -1.1%.
Metals/mining stocks trading lower: RIO -3.1%, BBL -2.4%, MT -1.7% (planning offer for Zimbabwe Alloys, according to reports), BHP -1.4%, GOLD -1%, SLV -0.5%.
A few China internet names lower: DANG-1.7%, YY -1.5%, SINA -0.5%
Other news: KMDA -8.8% (announces preliminary results from Phase II/III pivotal trial; positive clinically meaningful efficacy signs in the inhaled AAT group including an ~50% reduction in severe exacerbation rates versus placebo), ALU -4.3% and RYAAY -4.2% (still checking), CHK -3.8% (Provides Update on 2014 Asset Sales and Projected Impact on 2014 Outlook; announced additional noncore asset sales; established a five year annual production growth target of 7-9%), GIMO -3.3% (announced that its vice president of engineering, Dave de Simone is leaving; appoints New Senior Vice President of Engineering), ARMH -3.2% (may be attributed to cautious blog mention), GME -2.4% (following NPD data), PT -1.5% (still checking), NOK -1.4% (gapping down despite Greenlight Capital disclosing new position and S&P upgrade), YHOO -0.6% (Third Point closed position).
Analyst comments: CLF -3.1% (downgraded at Macquarie)
M&A news: GTIV -1.1% (Gentiva Health Svcs Board of Directors rejects unsolicited proposal from Kindred Healthcare (KND); determines proposal significantly undervalues company and its prospects), PFE -0.2% (AstraZeneca has risks over Pfizer (PFE) tax avoidance strategy, according to reports) .
Solar names lower following CSIQ results: YGE -2.8%, JKS -2.7%, TSL -2.6%, SPWR -1.5%
Select financial related names showing weakness: ING -3%, BCS -1.7%, DB -1.4% (reaches agreement with Blackstone Real Estate Partners VII to sell Nevada Property 1, owner of The Cosmopolitan of Las Vegas, for $1.73 bln ), RBS -1.4%, CS -1.1%.
Metals/mining stocks trading lower: RIO -3.1%, BBL -2.4%, MT -1.7% (planning offer for Zimbabwe Alloys, according to reports), BHP -1.4%, GOLD -1%, SLV -0.5%.
A few China internet names lower: DANG-1.7%, YY -1.5%, SINA -0.5%
Other news: KMDA -8.8% (announces preliminary results from Phase II/III pivotal trial; positive clinically meaningful efficacy signs in the inhaled AAT group including an ~50% reduction in severe exacerbation rates versus placebo), ALU -4.3% and RYAAY -4.2% (still checking), CHK -3.8% (Provides Update on 2014 Asset Sales and Projected Impact on 2014 Outlook; announced additional noncore asset sales; established a five year annual production growth target of 7-9%), GIMO -3.3% (announced that its vice president of engineering, Dave de Simone is leaving; appoints New Senior Vice President of Engineering), ARMH -3.2% (may be attributed to cautious blog mention), GME -2.4% (following NPD data), PT -1.5% (still checking), NOK -1.4% (gapping down despite Greenlight Capital disclosing new position and S&P upgrade), YHOO -0.6% (Third Point closed position).
Analyst comments: CLF -3.1% (downgraded at Macquarie)