Gapping down
In reaction to disappointing earnings/guidance: HSBC -3%, DDS -1.7% (light volume) .
Select managed healthcare stocks trading lower following CMS proposals and subsequent cautious analyst comments: HUM -4.7%, UNH -1.8%, CYH -1.7%, AET -1.3%, WLP -0.6%.
Other news: WCG -2.9% (Tom Tran to step down as Chief Financial Officer), OCLS -1.8% (to raise $1.35 mln in registered direct offering), KMP -1.8% and KMI -0.8%(Barron's profiles cautious view on Kinder Morgan and its partnerships), RIO -1.2% (still checking), NFLX -1.2% (Comcast and Netflix announce a mutually beneficial interconnection agreement that will provide Comcast's U.S. broadband customers with Netflix videos), (Barron's profiles cautious view on Kinder Morgan and its partnerships), AAPL -0.6% (Apple & Samsung mediation talks have failed, also Apple to fix encryption issue with Macs soon, according to reports; downgraded to Strong Sell from Sell at Standpoint Research ), JNPR -0.5% (Nokia considering smaller JNPR alliance, according to reports).
Analyst comments: DDD -4.6% (downgraded to Underperform from Buy at BofA/Merrill), X -1% (downgraded to Hold from Buy at KeyBanc Capital Mkts ), AMZN -0.5% (downgraded to Strong Sell from Sell at Standpoint Research), TCS -0.5% (downgraded to Underperform from Neutral at BofA/Merrill ), FRX -0.4% (downgraded to Neutral from Outperform at Credit Suisse; tgt raised to $96 from $85 )
Select managed healthcare stocks trading lower following CMS proposals and subsequent cautious analyst comments: HUM -4.7%, UNH -1.8%, CYH -1.7%, AET -1.3%, WLP -0.6%.
Other news: WCG -2.9% (Tom Tran to step down as Chief Financial Officer), OCLS -1.8% (to raise $1.35 mln in registered direct offering), KMP -1.8% and KMI -0.8%(Barron's profiles cautious view on Kinder Morgan and its partnerships), RIO -1.2% (still checking), NFLX -1.2% (Comcast and Netflix announce a mutually beneficial interconnection agreement that will provide Comcast's U.S. broadband customers with Netflix videos), (Barron's profiles cautious view on Kinder Morgan and its partnerships), AAPL -0.6% (Apple & Samsung mediation talks have failed, also Apple to fix encryption issue with Macs soon, according to reports; downgraded to Strong Sell from Sell at Standpoint Research ), JNPR -0.5% (Nokia considering smaller JNPR alliance, according to reports).
Analyst comments: DDD -4.6% (downgraded to Underperform from Buy at BofA/Merrill), X -1% (downgraded to Hold from Buy at KeyBanc Capital Mkts ), AMZN -0.5% (downgraded to Strong Sell from Sell at Standpoint Research), TCS -0.5% (downgraded to Underperform from Neutral at BofA/Merrill ), FRX -0.4% (downgraded to Neutral from Outperform at Credit Suisse; tgt raised to $96 from $85 )