Gapping down
In reaction to disappointing earnings/guidance: APP -16.5%, MTZ -7.5%, WMS -6.1%, (to issue restatement, announces late filing of 10-Q) WMT -2.8%, URBN -2.1%, HAIN -2%, DKS -0.5%
Select China related names showing weakness with Shanghai down over 6% last night: JD -3%, TEDU -2.2%, YOKU -2.1%, YY -2.1%, QIHU -2.1%, JRJC -2.1%, WB -1.6%, BABA -1.6%, BIDU -1.6%, .
Select metals/mining stocks trading lower: HMY -5.9%, FCX -2.7%, BHP -2%, X -1.6%, MT -1.4%, MT -1.4%, AA -1.3%, RIO -1.2%
Select oil/gas related names showing early weakness: STO -1.6%, SSL -1.1%, TOT -1.1%, RIG -1%, SDRL -1%, RDS.A -0.8%
Other news: NBG -5.9% (on-going uncertainty with bailout heading to German vote), YHOO -1.5% (in symp with BABA), SUNE -0.9% (SunEdison and Investment Funds Managed by Goldman Sachs Announce Formation of $1 Billion Construction and Operating Asset Facility), KKR -0.8% (KKR's Samson Resources corporate credit and debt ratings lowered to 'D' at S&P on failure to make interest payment), PBR -0.8% (might have to pay $1.6 bln related to corruption investigation, according to Reuters), ARMK -0.7% (announced secondary common stock offering of ~22.5 mln shares of common stock; announces concurrent company share repurchase from selling stockholders of 1.5 mln shares)
Analyst comments: SNDK -3.4% (downgraded to Underperform at BofA/Merrill), IGT -2.3% (downgraded to Underperform from Neutral at Sterne Agee CRT), TECD -1.1% (resumed with a Underperform at BofA/Merrill; tgt $49), DIS -0.8% (downgraded to Market Perform at Wells Fargo)
In reaction to disappointing earnings/guidance: APP -16.5%, MTZ -7.5%, WMS -6.1%, (to issue restatement, announces late filing of 10-Q) WMT -2.8%, URBN -2.1%, HAIN -2%, DKS -0.5%
Select China related names showing weakness with Shanghai down over 6% last night: JD -3%, TEDU -2.2%, YOKU -2.1%, YY -2.1%, QIHU -2.1%, JRJC -2.1%, WB -1.6%, BABA -1.6%, BIDU -1.6%, .
Select metals/mining stocks trading lower: HMY -5.9%, FCX -2.7%, BHP -2%, X -1.6%, MT -1.4%, MT -1.4%, AA -1.3%, RIO -1.2%
Select oil/gas related names showing early weakness: STO -1.6%, SSL -1.1%, TOT -1.1%, RIG -1%, SDRL -1%, RDS.A -0.8%
Other news: NBG -5.9% (on-going uncertainty with bailout heading to German vote), YHOO -1.5% (in symp with BABA), SUNE -0.9% (SunEdison and Investment Funds Managed by Goldman Sachs Announce Formation of $1 Billion Construction and Operating Asset Facility), KKR -0.8% (KKR's Samson Resources corporate credit and debt ratings lowered to 'D' at S&P on failure to make interest payment), PBR -0.8% (might have to pay $1.6 bln related to corruption investigation, according to Reuters), ARMK -0.7% (announced secondary common stock offering of ~22.5 mln shares of common stock; announces concurrent company share repurchase from selling stockholders of 1.5 mln shares)
Analyst comments: SNDK -3.4% (downgraded to Underperform at BofA/Merrill), IGT -2.3% (downgraded to Underperform from Neutral at Sterne Agee CRT), TECD -1.1% (resumed with a Underperform at BofA/Merrill; tgt $49), DIS -0.8% (downgraded to Market Perform at Wells Fargo)