>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • HLIT -19%, MEDP -13.7%, (announces stock buyback), AMD -11.2%, LL -9.1%, BLDP -6.6%, CUTR -3.7%, ERJ -3.7%, FDP -3.7%, AEIS -3.5%, APU -3.5%, SHOP -3.1%, TBI -2.9%, NYLD -2.9%, HCLP -2.8%, ZIOP -2.5%, ARII -2.5%, MO -1.6%, IDTI -1.5%, MOS -1.4%, ARR -1.3%, CHTR -1.2%, CNCE -0.8%, CACC -0.6%, PFE -0.6%
Select EU financial related names showing weakness:
  • LYG -1.4%, BCS -1.1%, CS -0.8%, DB -0.5%, ING -0.5%
Select metals/mining stocks trading lower:
  • BHP -1.7%, BBL -1.7%, RIO -1%, MT -1%, GG -0.7%, FCX -0.5%
Other news:
  • CGI -22.5% (after disclosing prior financial reports should no longer be relied upon)
  • SNSS -16.7% (prices 10 mln shares of common stock, undisclosed price)
  • TMHC -4.3% (commences an underwritten public offering of 10,000,000 shares of its Class A common stock)
  • AGNC -2.8% (plans to make a public offering of 24.5 mln shares of its common stock)
  • ZIOP -2.5% (announces IND to the FDA for a Phase 1 trial iinfusing its CD33-specific CAR+ T therapy for relapsed or refractory acute myeloid leukemia is now active), NVDA -1.1% (in sympathy with AMD)
  • KR -0.9% ( lower in after hours following block trade pricing)
  • AGLE -0.9% (files $150 mln mixed securities shelf offering)
  • LYB -0.9% (attributed to block trade pricing)
Analyst comments:
  • FPO -0.6% (downgraded to Sell from Hold at Stifel)