>>> US Gapping Down

Gapping down
In reaction to disappointing earnings/guidance: ERII -19.5%, ACM -17.3%, HALO -12%, VSLR -10.4%, CMLS -8.8%, HK -8.6%, CZR -7.3%, (also files to delay form 10-Q; intend to file within the five day extension period), UNIS -7.1%, XNCR -5.8%, ACAD -5.2%, MACK -4.8%, ARTX -4.4%, HEAR -3.8%, CALL -3.1%, ZOES -2.8%, EGY -2.7%, TOUR -2.5%, W -2.1%, CRH -1.8%, DHI -1.6%, NPSP -1.5%, XRX -0.8%

Select metals/mining stocks trading lower: CLF -2.6%, RIO -2.4%, VALE -1.9%, MT -1.7%, HMY -1.3%, EGO -1.1%, EGO -1.1%, BHP -1%

Select oil/gas related names showing early weakness: PBR -2.4%, RDS.A -1.2%, BP -1.1%, KEG -1.1%, TOT -1.0%

Other news: CODI -6.8% (announced it has commenced a public offering of 6 mln trust shares ), DVAX -6.4% ((files for a $200 mln mixed securities shelf offering; co also disclosed it entered into an at the market issuance Sales Agreement with Cowen), MCEP -5.7% (announces public offering of 5.8 mln common units ), FPRX -5.7% (filed for $100 mln offering of common stock), SFM -5.6% ( announced the launch of a public offering of 15 mln shares of its common stock held by affiliates of Apollo Global Management), LOCK -5.4% (LifeLock disclosed that on November 5, 2014, the Audit Committee, after discussion with management and Ernst & Young, determined that various financial statements previously filed with the SEC should no longer be relied upon), NNN -1.9% (announces offering of 4 mln shares of common stock ), BABA -1.6% (pulling back pre-mkt after recent strength), HTZ -1.4% (files to delay form 10-Q), BLMN -1.2% (announces secondary public offering of aggregate of 18,307,782 shares of common stock by selling stockholders ), ISIS -0.9% (announces proposed offering of $425 million of convertible senior notes ), LOCO -0.8% (files for offering of 6 mln shares of common stock by selling stockholders)

Analyst comments: ABB -1.1% (initiated with a Underperform at Jefferies), JPM -0.9% (downgraded to Mkt Perform from Outperform at Keefe Bruyette), TDC -0.9% (initiated with a Underperform at Macquarie)