Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- GIII -16.3%, ANF -13.9%, SCSC -13.4%, CTLT -4.3%, DRD -0.5%
M&A news:
- HSY -10.7% (Mondelez International (MDLZ) says no longer pursuing a potential combination)
Select metals/mining stocks trading lower:
- GOLD -2.0%, RIO -1.4%, HMY -1.4%, AUY -1.0%, GDX -0.8%
Other news:
- AEO -1.3% (in sympathy with ANF earnings)
- CETX -1.2% (Proposes $15 mln rights offering)
- OPTT -1.1% (Names new CFO)
- AAPL -1.1% (EU confirmed Ireland granted undue tax benefits of up to EUR 13 bln to AAPL)
Analyst comments:
- SIG -1.3% (downgraded to Neutral from Overweight at JP Morgan)