Gapping down
In reaction to disappointing earnings/guidance: CSIQ -11.7%, TEDU -11.2%, DV -7.4%, DL -4.2%, SPLS -2.3%, LOW -1.7%
M&A news: SYT -1.3% (announces intention to divest its Flowers seeds business from its Lawn and Garden operating unit)
Select financial related names showing weakness: HSBC -1.9%, DB -0.8%, UBS -0.8% (complets SESTA procedure; expects date of payment of supplementary dividend of CHF0.25 per share on Sep 22)
Select Glencore (GLNCY) peers trading lower following Glencores earnings release last night: RIO -2.5%, BHP -1.7%
Select oil/gas related names showing early weakness: PAA -3.2%, STO -2.2%, RDS.A -1.2%, BP -1.1%, SDRL -0.9%
Other news: WWWW -4.7% (reported that it discovered an unauthorized breach of one of its computer systems on August 13, 2015, credit card information of ~93k customers may have been compromised), MNOV -3.4% (prices offering of 5,000,000 shares of its common stock at a price to the public of $3.50 per share), FSLR -2.2% (trading lower in symp with CSIQ), JKS -1.7% (trading lower in symp with CSIQ), UDR -1.6% (announced public offering of 2.9 mln shares of common stock), OMER -1.1% (following 70%+ move higher yesterday), AER -0.5% (American Intl (AIG) confirmed will sell remaining stake in AerCap)
Analyst comments: ESPR -1.7% (downgraded to Buy at Needham), MNRO -1.2% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts), AFL -1% (downgraded to Underperform from Neutral at BofA/Merrill
)
In reaction to disappointing earnings/guidance: CSIQ -11.7%, TEDU -11.2%, DV -7.4%, DL -4.2%, SPLS -2.3%, LOW -1.7%
M&A news: SYT -1.3% (announces intention to divest its Flowers seeds business from its Lawn and Garden operating unit)
Select financial related names showing weakness: HSBC -1.9%, DB -0.8%, UBS -0.8% (complets SESTA procedure; expects date of payment of supplementary dividend of CHF0.25 per share on Sep 22)
Select Glencore (GLNCY) peers trading lower following Glencores earnings release last night: RIO -2.5%, BHP -1.7%
Select oil/gas related names showing early weakness: PAA -3.2%, STO -2.2%, RDS.A -1.2%, BP -1.1%, SDRL -0.9%
Other news: WWWW -4.7% (reported that it discovered an unauthorized breach of one of its computer systems on August 13, 2015, credit card information of ~93k customers may have been compromised), MNOV -3.4% (prices offering of 5,000,000 shares of its common stock at a price to the public of $3.50 per share), FSLR -2.2% (trading lower in symp with CSIQ), JKS -1.7% (trading lower in symp with CSIQ), UDR -1.6% (announced public offering of 2.9 mln shares of common stock), OMER -1.1% (following 70%+ move higher yesterday), AER -0.5% (American Intl (AIG) confirmed will sell remaining stake in AerCap)
Analyst comments: ESPR -1.7% (downgraded to Buy at Needham), MNRO -1.2% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts), AFL -1% (downgraded to Underperform from Neutral at BofA/Merrill
)