>>> US Gapping down


Gapping down
In reaction to disappointing earnings/guidance
:

  • TSEM -15.2%, FDC -9.3%, KR -3.1%, WFT -2.9%

M&A news:

  • IBM -3.8% (to acquire RHT for ~$34 bln)

Other news:

  • WPP -1.6% (continued weakness)

Analyst comments:

  • N/A.