Gapping down
In reaction to disappointing earnings/guidance: CSII -19.7%, DGII -9.1%, AXP -5.7%, ETFC -2.5%, SBUX -1.8%, GE-1%
Other news: ECR -3.8% (reports proved reserves declined 2% YoY; expects to see Q4 impairment due to), LGCY -21.1% (announced 2016 distribution suspension; capital budget of $37 mln), AGRX -14.7% (intends to offer and sell $30 million of shares of its common stock), REXX -13.3% (suspends payment of its quarterly dividend on shares of its 6.0% Series A convertible perpetual preferred stock), PSO -2.9% (modest pull back following yday's gains), ABX -2.5% (announced preliminary 2015 full-year production of 6.12 mln ounces of gold, in line with the co's updated guidance of 6.0-6.15 mln ounces), SBNY -1.5% (prices 2.2 mln shares of common stock at $136 per share)
Analyst comments: SKX -1% (downgraded to Neutral from Positive at Susquehanna)
In reaction to disappointing earnings/guidance: CSII -19.7%, DGII -9.1%, AXP -5.7%, ETFC -2.5%, SBUX -1.8%, GE-1%
Other news: ECR -3.8% (reports proved reserves declined 2% YoY; expects to see Q4 impairment due to), LGCY -21.1% (announced 2016 distribution suspension; capital budget of $37 mln), AGRX -14.7% (intends to offer and sell $30 million of shares of its common stock), REXX -13.3% (suspends payment of its quarterly dividend on shares of its 6.0% Series A convertible perpetual preferred stock), PSO -2.9% (modest pull back following yday's gains), ABX -2.5% (announced preliminary 2015 full-year production of 6.12 mln ounces of gold, in line with the co's updated guidance of 6.0-6.15 mln ounces), SBNY -1.5% (prices 2.2 mln shares of common stock at $136 per share)
Analyst comments: SKX -1% (downgraded to Neutral from Positive at Susquehanna)