Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- SN -3.1%, PETS -2.7%,MCD -0.8%, HAL -0.6%
M&A news:
- TRGP -1.7% (acquires Delaware and Midland Basin Assets for $565 mln; commences 7 mln common stock offering), .
Select oil/gas related names showing early weakness:
- SDRL -1.6%, RIG -0.9%, SLB -0.5%, HAL -0.5%, WLL -0.5%
Other news:
- KRNT -4.5% (public offering of 7 mln ordinary shares (2 mln by the company, 5 mln by selling shareholders))
- WGO -4.4% (files for offering of 4,586,555 shares of common stock by holders)
- QCOM -3.9% (Apple lawsuit/patent dispute)
Analyst comments: N/A