>>> US Gapping down

Gapping down In reaction to disappointing earnings/guidance: DF -8.3%, DVR -7.2%, EVEP -2.4%, GOGO -1.7%, PCLN -1.4%, AU -1.2%, SSL -0.8%, TECH -0.5%.

M&A news: RDS.A -0.5% (Blackstone (BX) near deal for 50% Shell (RDS.A) Haynesville shale, according to reports).

Select EU financial related names showing weakness: RBS -2.4% (to sell international unit of private bank, according to reports), DB -1.5%, HSBC -1% (to keep private bank, according to reports), SAN -0.8%, CS -0.7%.

Other news: VRTV -5% (Baupost Group discloses 14.06% passive stake in 13G filing), Z -2% (ticking lower following cautious Barron's mention), ARMH -1.4% (still checking).

Analyst comments: TWOU -8.7% (downgraded to Neutral from Buy at Goldman), CEQP -1% (downgraded to Market Perform from Outperform at Wells Fargo), TDW -0.9% (downgraded to Accumulate from Buy at Global Hunter Securities), THOR -0.6% (downgraded to Market Perform from Outperform at Northland ), KING -0.4% (downgraded to Sector Perform from Outperform at Pacific Crest).