Gapping down
Select metals/mining stocks trading lower with Gold Futures down 0.4%: MT -1.5%, CLF -1.4%, ABX -1.3%, VALE -1.2%, GOLD -1%, GDX -0.9%, SLV -0.9%, SLW -0.9%
Other news: ANR -3.9% (discloses its subsidiary received an imminent danger order from the Mine Safety and Health Administration; also downgraded to Sell at UBS), SINA -3.3% (modestly pulling back following last weeks strength), XONE -2% (files for $150 mln mixed securities shelf offering), SHPG -1.2% (still checking), GE -0.9% (slight pull back after Friday's strength)
Analyst comments: ALLT -3.5% (downgraded to Hold from Buy at Needham ), BHP -2.7% (downgraded to Neutral from Buy at Citigroup), QLYS -2% (downgraded to Neutral from Outperform at Robert W. Baird), RIO -0.7% (downgraded to Neutral from Buy at Citigroup), BP -0.5% (downgraded to Neutral from Buy at BofA/Merrill
)
Select metals/mining stocks trading lower with Gold Futures down 0.4%: MT -1.5%, CLF -1.4%, ABX -1.3%, VALE -1.2%, GOLD -1%, GDX -0.9%, SLV -0.9%, SLW -0.9%
Other news: ANR -3.9% (discloses its subsidiary received an imminent danger order from the Mine Safety and Health Administration; also downgraded to Sell at UBS), SINA -3.3% (modestly pulling back following last weeks strength), XONE -2% (files for $150 mln mixed securities shelf offering), SHPG -1.2% (still checking), GE -0.9% (slight pull back after Friday's strength)
Analyst comments: ALLT -3.5% (downgraded to Hold from Buy at Needham ), BHP -2.7% (downgraded to Neutral from Buy at Citigroup), QLYS -2% (downgraded to Neutral from Outperform at Robert W. Baird), RIO -0.7% (downgraded to Neutral from Buy at Citigroup), BP -0.5% (downgraded to Neutral from Buy at BofA/Merrill
)