Gapping down
In reaction to disappointing earnings/guidance: LAKE -6.4%, JOY -4%, DOV -2.4%, CASY -1.5%, (November same-store sales for prepared food and fountain +5.8%, and grocery and other merchandise increased 8.1%)
M&A news: GPN -6.5% (Heartland Payment Systems to be acquired by Global Payments for $4.3 bln, or $100.00 per share; co also released earnings/guidance)
Select Brazil related names pulling back : TSU -3.7%, SID -3.6%, BBD -3.4%, ITUB -3.3%, PBR -2.6%, EBR -1.4%, SBS -1.1%, VALE -0.6%
Other news: ONCE -4% (prices offering of 3 mln shares of common stock by co and selling shareholder at $47.00 per share), CTCT -2.1% (disclosed it receives subpoena from the Boston Regional Office of the SEC), PFNX -2.1% (reports pricing of the 600K common share secondary offering by selling shareholders at $11.75/share), CBT -1.4% (announced it is pleased with Mercury and Air Toxics Standards regulation appeals court ruling; warns about weak market conditions), NLSN -0.6% (appoints Steve Hasker as Global President and Chief Operating Officer, effective January 1, 2016)
Analyst comments: GRUB -2.1% (downgraded to Market Perform from Outperform at Northland Capital)