>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • HDP -32.7%, (also President and Chief Operating Officer Herb Cunitz resigns), SWIR -20.2%, FEYE -16.4%, AQXP -14.7%, CPSI -13%, (also announces ceases providing guidance and new dividend policy), NOG-12.1%, TWOU -12%, OLED -10.3%, (also signs five-year License and Supplemental Material Purchase Agreement with Tianma Micro-electronics )
  • SHEN -9.6%, NVO -9.2%, FLR -7.9%, WTW -7.8%, AINV -7.2%, ZNGA -6.7%,INAP -6.4%, RBS -6.3%, NDLS -6.2%, CARA -5.7%, ZG -5.4%, LADR -4.4%,CERS -4%, CERS -4%, ACAD -3.4%, TCRD -3.4%, OTIC -3.1%, GST -3.1%
  • SYRG -2.8%, NRP -2.6%, TRUE -2.3%, MACK -2%, RATE -1.7%, FDUS-1.6%, BBG -1.4%, INGN -1.3%, WING -1.2%, ATRC -1.1%, EMKR -1.1%,FPRX -0.9%, AES -0.9%, CTSH -0.9%
Other news:
  • PDLI -17.5% (decides to eliminate its quarterly cash dividend)
  • DMRC -2.4% (announces proposed public offering of common stock)
  • LYG -1.4% (in sympathy with RBS earnings)
  • AZN -1.2% (in sympathy with NVO earnings)
  • SNY -1.2% (in sympathy with NVO earnings)
  • GSK -0.9% (in sympathy with NVO earnings)
  • CLX -0.8% (ticking lower; appoints CEO Benno Dorer as Chairman of the Board)
  • VER -0.7% (upsizes offering by 10 mln shares and prices 60 mln shares of common stock for gross proceeds of ~ $621 mln)
Analyst comments:
  • WIN -1.8% (downgraded to Underperform from Mkt Perform at Raymond James)
  • OME -1.7% (downgraded to Hold at Wunderlich)
  • TRIP -0.6% (downgraded to Hold from Buy at Deutsche Bank)
  • TEVA -0.6% (downgraded to Perform from Outperform at Oppenheimer)