Gapping down
In reaction to disappointing earnings/guidance: XOOM -8.2%, (co disclosed it has been the victim of criminal fraud and expects to record a one-time charge of $30.8 mln in Q4; CFO Matt Hibbard has resigned; co also provided upside Q4 rev guidance), CMC -7.4%, EBF -1.4%
Select India related names showing weakness after weakness in Sensex overnight: IBN -3.6%, SSLT -3.1%, SSL -2.1%, INFY -1.2%, TTM -0.9%
Select oil/gas related names showing early weakness: WHX -2.4%, REXX -2.3%, OAS -2.1%, TOT -0.9%, RDS.A -0.8%, STO -0.8%
Other news: MSTX -8.5% (provided update on EPIC study enrollment and 2015 milestones: EPIC study more than one-third complete), CYBX -8.3% (announced the receipt of a decision from the Departmental Appeals Board of the Department of Health and Human Services; coverage for the treatment-resistant depression indication found to be not reasonable and necessary), CERS -7.9% (announced proposed public offering of common stock), FPRX -7.5% (announced $75 mln proposed public offering of common stock) NLSN -3.3% (CNBC to stop using ratings services from NLSN because some portion of audience is not being counted, according to reports), CEL -2.6% (still checking), ISIS -0.8% (announced appointment of Sarah Boyce as Chief Business Officer)
Analyst comments: INFN -5.3% (removed from Conviction Buy List at Goldman), KORS -2.7% (downgraded to Neutral from Outperform at Credit Suisse ), QGEN -2.1% (downgraded to Underperform from Neutral at BofA/Merrill; downgraded to Neutral from Overweight at JP Morgan), FIG -1.1% (downgraded to Neutral from Outperform at Credit Suisse), APO -0.9% (downgraded to Neutral from Outperform at Credit Suisse), GE -0.8% (downgraded to Hold from Buy at Deutsche Bank)
In reaction to disappointing earnings/guidance: XOOM -8.2%, (co disclosed it has been the victim of criminal fraud and expects to record a one-time charge of $30.8 mln in Q4; CFO Matt Hibbard has resigned; co also provided upside Q4 rev guidance), CMC -7.4%, EBF -1.4%
Select India related names showing weakness after weakness in Sensex overnight: IBN -3.6%, SSLT -3.1%, SSL -2.1%, INFY -1.2%, TTM -0.9%
Select oil/gas related names showing early weakness: WHX -2.4%, REXX -2.3%, OAS -2.1%, TOT -0.9%, RDS.A -0.8%, STO -0.8%
Other news: MSTX -8.5% (provided update on EPIC study enrollment and 2015 milestones: EPIC study more than one-third complete), CYBX -8.3% (announced the receipt of a decision from the Departmental Appeals Board of the Department of Health and Human Services; coverage for the treatment-resistant depression indication found to be not reasonable and necessary), CERS -7.9% (announced proposed public offering of common stock), FPRX -7.5% (announced $75 mln proposed public offering of common stock) NLSN -3.3% (CNBC to stop using ratings services from NLSN because some portion of audience is not being counted, according to reports), CEL -2.6% (still checking), ISIS -0.8% (announced appointment of Sarah Boyce as Chief Business Officer)
Analyst comments: INFN -5.3% (removed from Conviction Buy List at Goldman), KORS -2.7% (downgraded to Neutral from Outperform at Credit Suisse ), QGEN -2.1% (downgraded to Underperform from Neutral at BofA/Merrill; downgraded to Neutral from Overweight at JP Morgan), FIG -1.1% (downgraded to Neutral from Outperform at Credit Suisse), APO -0.9% (downgraded to Neutral from Outperform at Credit Suisse), GE -0.8% (downgraded to Hold from Buy at Deutsche Bank)