Gapping down
In reaction to disappointing earnings/guidance: ININ -22%, MTG -3.8%, TSM -3.4%, IBKR -2.8%, YHOO -2.7%, ASML -2.3%, PNC -2%, AIR -1.5%, PNFP -1.4%, BAC -0.7%, HSY -0.5%, NTRS -0.4%.
M&A news: SHPG -0.8% (cont vol on M&A spec), AOL -0.6% (Yahoo (YHOO) not interested in acquiring AOL, M&A head says, according to reports).
Other news: BIOA -15.5% (announces public offering of 2.8 mln shares of common stock), POZN -6.8% (announces FDA acceptance of refiling of new drug application for PA8140/PA32540 tablets), BBRY -4.9% ( following AAPL / IBM news ), IRT -3.1% (upsizes and prices 7 mln shares of common stock at $9.50 per share), ITI -3% (reported resignation of CFO Chuck McBride, names Craig Christensen interim CFO; co continuing to work with auditors to complete FY14 audit), ARCC -2.9% (announces public offering of 11.85 mln shares of its common stock), BCEI -1.8% (prices $300 mln of 5.75% senior unsecured notes due 2023), RIOM -1.7% (repaid $3 mln plus accrued interest of $584K owing on the Operating Loan on July 11, 2014), IPXL -0.9% (announced it received a subpoena from Conneticuit AG regarding its generic product digoxin).
Analyst comments: NSM -2.2% (downgraded to Underperform from Market Perform at Wells Fargo), IMAX -1.9% (downgraded to Neutral from Overweight at Piper Jaffray ), POT -1.5% (downgraded to Hold from Buy at TD Securities), ROST -0.8% (downgraded to Neutral from Buy at Sterne Agee), KORS -0.7% (downgraded to Mkt Perform from Outperform at William Blair), MCD -0.6% (hearing target/estimates lowered at Janney).
In reaction to disappointing earnings/guidance: ININ -22%, MTG -3.8%, TSM -3.4%, IBKR -2.8%, YHOO -2.7%, ASML -2.3%, PNC -2%, AIR -1.5%, PNFP -1.4%, BAC -0.7%, HSY -0.5%, NTRS -0.4%.
M&A news: SHPG -0.8% (cont vol on M&A spec), AOL -0.6% (Yahoo (YHOO) not interested in acquiring AOL, M&A head says, according to reports).
Other news: BIOA -15.5% (announces public offering of 2.8 mln shares of common stock), POZN -6.8% (announces FDA acceptance of refiling of new drug application for PA8140/PA32540 tablets), BBRY -4.9% ( following AAPL / IBM news ), IRT -3.1% (upsizes and prices 7 mln shares of common stock at $9.50 per share), ITI -3% (reported resignation of CFO Chuck McBride, names Craig Christensen interim CFO; co continuing to work with auditors to complete FY14 audit), ARCC -2.9% (announces public offering of 11.85 mln shares of its common stock), BCEI -1.8% (prices $300 mln of 5.75% senior unsecured notes due 2023), RIOM -1.7% (repaid $3 mln plus accrued interest of $584K owing on the Operating Loan on July 11, 2014), IPXL -0.9% (announced it received a subpoena from Conneticuit AG regarding its generic product digoxin).
Analyst comments: NSM -2.2% (downgraded to Underperform from Market Perform at Wells Fargo), IMAX -1.9% (downgraded to Neutral from Overweight at Piper Jaffray ), POT -1.5% (downgraded to Hold from Buy at TD Securities), ROST -0.8% (downgraded to Neutral from Buy at Sterne Agee), KORS -0.7% (downgraded to Mkt Perform from Outperform at William Blair), MCD -0.6% (hearing target/estimates lowered at Janney).