Gapping down
In reaction to disappointing earnings/guidance: TNET -32.6%, CGNX -22.1%, (authorized the purchase of up to $100 mln of common stock), ONDK -10.3%, (also announces that an affiliate of Jefferies Group has entered into an amended forward purchase agreement giving Jefferies the ability to purchase up to $500 mln in small business loans through OnDeck Marketplace over the next 12 months), KLIC -7.8%, ALL -7.7%, SGMS -6.2%, HYH -5.1%, DENN -4.8%, PQ -4.8%, BKD -4.6%, REMY -4.4%, TXRH -4.1%, RRD -4.1%, VSH -3.9%, VSH -3.9%, SCOR -3.6%, CHGG -3.5%, CVS -3.4%, MIC -3.2%, CAR -3%, PH -3%, EIGI -2.9%, CHTR -2.3%, ADM -2.1%, BMRN -1.8%, MCHP -1.8%, (also completes its acquisition of Micrel), MDU-1.7%, HEP -1.6%, NOAH -1.2%, ALR -0.8%
M&A news: SHPG -2.9% (Shire (SHPG) proposes to acquire Baxalta (BXLT) for ~$45.23/share in stock; says Baxalta has declined to engage in substantive discussions)
Other news: NBG -13.1% (Greece stocks cont to slide in Europe), RRD -4.1% (announces its intent to transform itself into three independent, publicly traded companies), IMPR -3.9% (announces a 4.35 mln share, proposed public offering of common stock by selling stockholders ), PLUG -3.5% ( files for ~7.89 mln share common stock offering by selling shareholders ), EIGI-3.1% (announces transition of CFO Tivanka Ellawala to working on e-commerce strategy initiatives; appoints Marc Montagner as new CFO, to take effect next month), RRTS -2.6% (announces a public offering of 2 mln common stock shares, exclusively by selling stockholders affiliated with HCI Equity Partners), IART -2.5% (announces a $200 mln public offering of its common stock), BCS -2.4% (in symp with Credit Ag, down 9% after earnings), DB -2.1% (in symp with Credit Ag, down 9% after earnings), CPF -1.4% (announces a secondary offering of ~5.54 mln common shares by ACMO-CPF and Carlyle Financial Services Harbor shareholders)
Analyst comments: ON -0.9% (downgraded to Neutral from Outperform at Wedbush
)
In reaction to disappointing earnings/guidance: TNET -32.6%, CGNX -22.1%, (authorized the purchase of up to $100 mln of common stock), ONDK -10.3%, (also announces that an affiliate of Jefferies Group has entered into an amended forward purchase agreement giving Jefferies the ability to purchase up to $500 mln in small business loans through OnDeck Marketplace over the next 12 months), KLIC -7.8%, ALL -7.7%, SGMS -6.2%, HYH -5.1%, DENN -4.8%, PQ -4.8%, BKD -4.6%, REMY -4.4%, TXRH -4.1%, RRD -4.1%, VSH -3.9%, VSH -3.9%, SCOR -3.6%, CHGG -3.5%, CVS -3.4%, MIC -3.2%, CAR -3%, PH -3%, EIGI -2.9%, CHTR -2.3%, ADM -2.1%, BMRN -1.8%, MCHP -1.8%, (also completes its acquisition of Micrel), MDU-1.7%, HEP -1.6%, NOAH -1.2%, ALR -0.8%
M&A news: SHPG -2.9% (Shire (SHPG) proposes to acquire Baxalta (BXLT) for ~$45.23/share in stock; says Baxalta has declined to engage in substantive discussions)
Other news: NBG -13.1% (Greece stocks cont to slide in Europe), RRD -4.1% (announces its intent to transform itself into three independent, publicly traded companies), IMPR -3.9% (announces a 4.35 mln share, proposed public offering of common stock by selling stockholders ), PLUG -3.5% ( files for ~7.89 mln share common stock offering by selling shareholders ), EIGI-3.1% (announces transition of CFO Tivanka Ellawala to working on e-commerce strategy initiatives; appoints Marc Montagner as new CFO, to take effect next month), RRTS -2.6% (announces a public offering of 2 mln common stock shares, exclusively by selling stockholders affiliated with HCI Equity Partners), IART -2.5% (announces a $200 mln public offering of its common stock), BCS -2.4% (in symp with Credit Ag, down 9% after earnings), DB -2.1% (in symp with Credit Ag, down 9% after earnings), CPF -1.4% (announces a secondary offering of ~5.54 mln common shares by ACMO-CPF and Carlyle Financial Services Harbor shareholders)
Analyst comments: ON -0.9% (downgraded to Neutral from Outperform at Wedbush
)