>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • CALM -4.3%

Select metals/mining stocks trading lower:

  • KGC -2.7%, AU -2.7%, HL -2.6%, GFI -2.4%, PLG -1.9%, GOLD -1.7%, SLV -1.6%, GDX -1.5%, NEM -1.1%, SBGL -1.1%, GLD -0.8%, HMY -0.7%, BHP -0.7%, BBL -0.7%

Other news:

  • GTHX -11.7% (presented over the weekend)
  • IMMU -5.7% (provides corporate update; also provides BLA resubmission timeline update)
  • TK -4% (Teekay Corporation, Teekay LNG Partners (TGP), Teekay Tankers (TNK) postpone investor and analyst meeting)
  • NVS -1.2% (presented at ESMO over the weekend)
  • RDS.A -0.9% (quarterly update)
  • AZN -0.8% (presented at ESMO over the weekend)

Analyst comments:

  • ADMS -6.4% (downgraded to Underperform from Neutral at BofA/Merrill; tgt lowered to $5)
  • SXC -1.6% (downgraded to Neutral from Buy at B. Riley FBR)
  • UNH -0.8% (downgraded to Market Perform from Outperform at BMO Capital Markets)
  • ROK -0.7% (downgraded to Market Perform from Outperform at Wells Fargo)