>>> US Gapping down

Gapping down

In reaction to disappointing earnings/guidance: MATR -20.9% (also noted uncertainty regarding its relationship with Vangent (GDIT) persists; announced record Predictive Behavioral Routing activity), CALX -10.9%, PIR -9.9% (reported Dec comparable store sales increased 1.3% YoY; lowers Q4 EPS guidance ), BBBY -9.5%, FDO -7.5%, ZUMZ -7.4%, VOXX -5.4%, EXFO -4.2%, (EXFO renews normal course issuer bid), QDEL -3.9%, AEO -3.8%, LB -3.7%, (ticking lower, reports Dec same store sales +2.0% vs +1.7% Retail Metrics consensus; lowers Q4 EPS guidance), ROVI -3.3%, APP -2.9% (light volume), WDFC -0.7% (light volume).

Other news: PLUG -15.8% (attributed to cautious blog comments), YRCW -14.3% (may be attributed to Teamster Group voting; just over 20K votes cast so far, according to reports ), AEZS -11.6% (announces proposed public offering of common shares and warrants), VRS -9.3% (modestly pulling back), IDN -8% (prices 7.78 mln shares of common stock at $0.45 per share), QIHU -4.3% (Qihoo 360 Tech. has denied reports that Alibaba has taken stake in the company, according to new reports out), . BXMT -2.4% (prices public offering of 8.5 mln shares of its class A common stock; total est gross proceeds of the offering are $227.4 mln), DG -2.3% (following FDO results), TWTR -2.2% (still checking), DEO -2.2% (still checking), WSM -2.1% (following BBBY results), GOLD-1.6% (still checking), VRTU -1% (prices follow-on offering of 2.3 mln shares of common stock at $34.50 per share), AGU -0.1% (announces strategic review of Agrium Advanced Technologies: to transition to two Strategic Business units ).

Analyst comments: ALU -4.6% (downgraded to Hold from Buy at Deutsche Bank), ARMH -4.5% (downgraded to Hold from Buy at Deutsche Bank), FNFG -2.1% (downgraded to Underperform from Buy at BofA/Merrill), WLT -1.6% (downgraded at Cowen), TWTR -1.5% (initiated with an Underperform at Cowen), NVDA -1.3% (downgraded to Hold from Buy at Canaccord Genuity), YUM -1.2% (downgraded to Equal-Weight from Overweight at Morgan Stanley), ANR -1.1% (downgraded at Cowen), PDCO -0.9% (Patterson Companies downgraded to Hold from Buy at Stifel), STM -0.8% (downgraded to Sell from Hold at Deutsche Bank), XOM -0.5% (downgraded to Neutral from Buy at Citigroup)