Gapping down
M&A news: CTB -5.7% (Cooper Tire Terminates Merger Agreement with Apollo Tyres), VOD -0.6% (takeover of local unit has been approved by Indian regulator, according to reports out).
A few financial related names showing weakness: NBG -3.1%, ING -0.8%, BCS -0.7%, HBC -0.6%.
Metals/mining stocks trading lower: ABX -1.6%, HL -1.4%, NEM -1.2%, GG -1.2%, GDX -1.2%, SLV -1.1%, GLD -1%, AU -0.9%, BBL -0.6%.
Select social media names pulling back: TWTR -1.8%, FB -1.1% (reports out over the weekend indicate FB is losing popularity with UK teens; NYPost discusses that Nasdaq (NDAQ) plans to pay claims related to Facebook IPO at the end of the year), LNKD -0.1%, .
Other news: WPCS -19% (modestly pulling back; disclosed that it received a notice of resignation from CohnReznick LLP, the company's independent registered public accounting firm), MYGN -10.1% (disclosed CMS update - will address a number of both substantive and process concerns; downgraded at JMP and tgt lowered at Piper Jaffray), CWTR -1.3% (extends term of its Chairman to facilitate the Co's ongoing exploration of strategic alternatives), SNY -1.3% (Genzyme receives complete response letter from FDA on Lemtrada; complete response letter informs companies that an application is not ready for approval), BMY -1.2% (still checking), EXPR -1.1% (still checking), LPS -0.9% (RNR to replace Lender Processing Services in the S&P MidCap 400), PHG -0.9% (light volume; still checking), NOK -0.7% (announced that Jesper Ovesen is to step down as Executive Chairman of Nokia Solutions and Networks), GE -0.5% ( issues report on Hudson River project), AAPL -0.5% (Apple disclosed that its Board and management oppose shareholder buyback proposal).
Analyst comments: POZN -2.8% (downgraded to Neutral from Strong Buy at Ascendiant).
A few financial related names showing weakness: NBG -3.1%, ING -0.8%, BCS -0.7%, HBC -0.6%.
Metals/mining stocks trading lower: ABX -1.6%, HL -1.4%, NEM -1.2%, GG -1.2%, GDX -1.2%, SLV -1.1%, GLD -1%, AU -0.9%, BBL -0.6%.
Select social media names pulling back: TWTR -1.8%, FB -1.1% (reports out over the weekend indicate FB is losing popularity with UK teens; NYPost discusses that Nasdaq (NDAQ) plans to pay claims related to Facebook IPO at the end of the year), LNKD -0.1%, .
Other news: WPCS -19% (modestly pulling back; disclosed that it received a notice of resignation from CohnReznick LLP, the company's independent registered public accounting firm), MYGN -10.1% (disclosed CMS update - will address a number of both substantive and process concerns; downgraded at JMP and tgt lowered at Piper Jaffray), CWTR -1.3% (extends term of its Chairman to facilitate the Co's ongoing exploration of strategic alternatives), SNY -1.3% (Genzyme receives complete response letter from FDA on Lemtrada; complete response letter informs companies that an application is not ready for approval), BMY -1.2% (still checking), EXPR -1.1% (still checking), LPS -0.9% (RNR to replace Lender Processing Services in the S&P MidCap 400), PHG -0.9% (light volume; still checking), NOK -0.7% (announced that Jesper Ovesen is to step down as Executive Chairman of Nokia Solutions and Networks), GE -0.5% ( issues report on Hudson River project), AAPL -0.5% (Apple disclosed that its Board and management oppose shareholder buyback proposal).
Analyst comments: POZN -2.8% (downgraded to Neutral from Strong Buy at Ascendiant).