Gapping down
In reaction to disappointing earnings/guidance: SAP -4.9%, RF -4.1%, EDU -3.7%, MS -2.4%, UN -1.2%, JNJ -1.2%
M&A news: EXPR -12.7% (Co and Sycamore Partners announce termination of discussions)
Select Brazil related names showing weakness: CPL -8%, SBS -4.6%, GOL -4.0%, ITUB -3.4%, GGB -2.2%, VALE -0.6%
Other news: CEL -13.7% (announces filing of supplemental shelf offering report In Israel), APA -2.3% (announces Retirement Of Chairman, President And CEO, G. Steven Farris; John J. Christmann, IV, COO North America, To Succeed Farris As President And CEO), GGB -2.2% (also announced share buyback program), BCE -1.1% (reports results of Series AE and AF Preferred Share conversions), IQNT -0.8% (announces departure of CEO), RIO -0.7% (releases Q4 production results), BHP -0.7% (in symp with RIO)
Analyst comments: AREX -8.2% (downgraded to Reduce from Neutral at Sun Trust Rbsn Humphrey), MHR -8.2% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey), YNDX -2.9% (downgraded to Sell from Neutral at Goldman), GDP -2% (downgraded to Hold from Buy at KLR Group), CTCM -1.9% (downgraded to Sell from Neutral at Goldman), HK -1.7% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey ), CGG -1.6% (downgraded to Underweight from Neutral at JP Morgan), ABB -1.1% (downgraded to Neutral from Buy at Citigroup ), INTC -0.7% (downgraded to Mkt Underperform from Mkt Perform at JMP Securities)
In reaction to disappointing earnings/guidance: SAP -4.9%, RF -4.1%, EDU -3.7%, MS -2.4%, UN -1.2%, JNJ -1.2%
M&A news: EXPR -12.7% (Co and Sycamore Partners announce termination of discussions)
Select Brazil related names showing weakness: CPL -8%, SBS -4.6%, GOL -4.0%, ITUB -3.4%, GGB -2.2%, VALE -0.6%
Other news: CEL -13.7% (announces filing of supplemental shelf offering report In Israel), APA -2.3% (announces Retirement Of Chairman, President And CEO, G. Steven Farris; John J. Christmann, IV, COO North America, To Succeed Farris As President And CEO), GGB -2.2% (also announced share buyback program), BCE -1.1% (reports results of Series AE and AF Preferred Share conversions), IQNT -0.8% (announces departure of CEO), RIO -0.7% (releases Q4 production results), BHP -0.7% (in symp with RIO)
Analyst comments: AREX -8.2% (downgraded to Reduce from Neutral at Sun Trust Rbsn Humphrey), MHR -8.2% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey), YNDX -2.9% (downgraded to Sell from Neutral at Goldman), GDP -2% (downgraded to Hold from Buy at KLR Group), CTCM -1.9% (downgraded to Sell from Neutral at Goldman), HK -1.7% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey ), CGG -1.6% (downgraded to Underweight from Neutral at JP Morgan), ABB -1.1% (downgraded to Neutral from Buy at Citigroup ), INTC -0.7% (downgraded to Mkt Underperform from Mkt Perform at JMP Securities)