Gapping down
In reaction to disappointing earnings/guidance: MMSI -12.5%, NTRI -11.2%, BWLD -9.1%, DWA -7.5%, GPRE -7.4%, PWE -7.1%, CAP -5.1%, RGR -4.6%, AMCC -4.3%, IACI -4.1%, AFL -4%, MOVE -3.6%, CRAY -3.5%, GNW -3.4%, RT -3.1%, NVMI -2.6%, CUZ -2.5%, ROG -2.4%, ROK -2.2%, ACHC -2.1%, USNA -1.6%, CHMT -1.6%, VRTX -1.6%, TOT -1.3%, QGEN -1.2%,NFX -1.8.
M&A news: TRQ -3.4% (announces sale of 29.95% stake in SouthGobi resources), RIO -0.6% (agrees to sell coal assets in Mozambique for $50 mln).
Select metals/mining stocks trading lower: IGLD -1.8%, BHP -1.0%, ACH -1.0%.
Other news: PWE -7.1% (accounting review; production news), LVLT -2.5% (announced pricing of private offering of $1 bln of 5.375% senior notes due 2022), SWHC -1.7% (following RGR results), PT -1.3% (still checking), BIOF -0.8% (on GPRE results).
Analyst comments: UFS -1.5% (downgraded to Neutral from Buy at Goldman), KORS -1.4% (downgraded to Neutral from Outperform at Robert W. Baird), ALK -1.3% (downgraded to Neutral from Overweight at JP Morgan ), ETN -1% (downgraded to Neutral from Overweight at JP Morgan, downgraded to Neutral from Buy at Goldman), EMN -0.9% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey).
In reaction to disappointing earnings/guidance: MMSI -12.5%, NTRI -11.2%, BWLD -9.1%, DWA -7.5%, GPRE -7.4%, PWE -7.1%, CAP -5.1%, RGR -4.6%, AMCC -4.3%, IACI -4.1%, AFL -4%, MOVE -3.6%, CRAY -3.5%, GNW -3.4%, RT -3.1%, NVMI -2.6%, CUZ -2.5%, ROG -2.4%, ROK -2.2%, ACHC -2.1%, USNA -1.6%, CHMT -1.6%, VRTX -1.6%, TOT -1.3%, QGEN -1.2%,NFX -1.8.
M&A news: TRQ -3.4% (announces sale of 29.95% stake in SouthGobi resources), RIO -0.6% (agrees to sell coal assets in Mozambique for $50 mln).
Select metals/mining stocks trading lower: IGLD -1.8%, BHP -1.0%, ACH -1.0%.
Other news: PWE -7.1% (accounting review; production news), LVLT -2.5% (announced pricing of private offering of $1 bln of 5.375% senior notes due 2022), SWHC -1.7% (following RGR results), PT -1.3% (still checking), BIOF -0.8% (on GPRE results).
Analyst comments: UFS -1.5% (downgraded to Neutral from Buy at Goldman), KORS -1.4% (downgraded to Neutral from Outperform at Robert W. Baird), ALK -1.3% (downgraded to Neutral from Overweight at JP Morgan ), ETN -1% (downgraded to Neutral from Overweight at JP Morgan, downgraded to Neutral from Buy at Goldman), EMN -0.9% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey).