Gapping down
In reaction to disappointing earnings/guidance: CTRX -9.7%, UNXL -9.3%, RBS -7.5%, BLOX -7.2%, NDLS -6.8%, STAA -6.6% (also filed for a $200 mln mixed securities shelf offering), HK -5.7%, WPPGY -5.5%, NKTR -5.1%, NTRI -4.9%, WPRT -4.2%, CHS -4% (light volume), RNDY -3.7%, PLKI -3.1% (light volume), CLR -3%, SFY -2.9% (light volume), DPM -2.7% (announces public offering of 12.5 mln common units), LJPC -2.3% (light volume), WEN -2.1%, TEF -1.6%, DAR -1.4% (light volume), HLT -0.6%, ANIK -0.5% (light volume), GTI -0.3% (light volume).
Select telecom related names showing early weakness following TEF results: MBT -3.4%, TI -1.9%.
Other news: SNSS -6.4% ( announces proposed public offering of common stock and warrants; details not disclosed ), INO -6.2% ( announces public offering of common stock), PLUG -4.3% (modestly pulling back), EZCH -1.9% (following late spike into the close), PSO -1.4% (still checking), ALE -1.1% (Allete priced 2,800,000 shares of its common stock at $49.75 per share in connection with forward sale agreement), BP -0.8% (has lost its bid to block seafood payments related to oil spill, according to reports), PBPB -0.7% (ticking lower following NDLS results).
Analyst comments: WNC -2.3% (initiated with an Underweight at Morgan Stanley), GME -1.5% (downgraded to Underperform from Neutral at Longbow), AGCO -1.4% (downgraded to Equal-Weight from Overweight at Morgan Stanley), VFC -1.1% (downgraded to Neutral from Buy at Goldman; removed from Americas Buy list ), DB -0.9% (downgraded at BofA/Merrill).
Select telecom related names showing early weakness following TEF results: MBT -3.4%, TI -1.9%.
Other news: SNSS -6.4% ( announces proposed public offering of common stock and warrants; details not disclosed ), INO -6.2% ( announces public offering of common stock), PLUG -4.3% (modestly pulling back), EZCH -1.9% (following late spike into the close), PSO -1.4% (still checking), ALE -1.1% (Allete priced 2,800,000 shares of its common stock at $49.75 per share in connection with forward sale agreement), BP -0.8% (has lost its bid to block seafood payments related to oil spill, according to reports), PBPB -0.7% (ticking lower following NDLS results).
Analyst comments: WNC -2.3% (initiated with an Underweight at Morgan Stanley), GME -1.5% (downgraded to Underperform from Neutral at Longbow), AGCO -1.4% (downgraded to Equal-Weight from Overweight at Morgan Stanley), VFC -1.1% (downgraded to Neutral from Buy at Goldman; removed from Americas Buy list ), DB -0.9% (downgraded at BofA/Merrill).