Gapping down
In reaction to disappointing earnings/guidance: QIHU -3.6%, (also dg'd to Hold at Stifel TWGP -3.1%, SDRL -1.7%.
Select metals/mining stocks trading lower: DRD -5.6%, GDX -2.4%, AU -2.3%, ABX -1.8%, KGC -1.7%, AEM -1.7%, GG -1.6%, NEM -1.4%, IAG -1.4%, HMY -1.3%, GLD -1.2%, SLV -1%, MT -0.8%.
Other news: UNXL -20.3% (disclosed that it learned that the Fort Worth Regional Office of the SEC has issued subpoenas concerning the Company's agreements related to its InTouch Sensors), CLDX -9.3% (demonstrates promising clinical activity in patients with EGFRvIII-positive recurrent glioblastoma), XCO -2.1% (announces intent to conduct rights offering; if all of the rights are exercised, the co would raise ~ $272.9 mln), STO -1.4% (in sympathy with SDRL), QCOM -1.3% (China's National Development and Reform Commission has commenced an investigation of Qualcomm relating to the Chinese Anti-Monopoly Law).
Analyst comments: CLX -2.3% (downgraded to Sell from Neutral at Goldman), CPB -2.2% (downgraded to Neutral from Buy at Goldman), JBLU -1.5% (downgraded to Underperform from Mkt Perform at Raymond James), AOL -1.5% (downgraded to Sector Perform at RBC Capital Mkts).