Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- BOSC -14.2%, SFUN -8.2%
Select financial related names showing weakness:
- DB -2.2%, CS -1.9%, LYG -1.7%, HSBC -1.3%, BAC -0.7%
Select metal producers trading lower:
- MT -1.4%, BHP -1%, FCX -0.9%, RIO -0.9%, CLF -0.7%
Other news:
- BCS -1% (announces further Non-Core disposals; sale of Wealth and Investment Management business in Singapore and Hong Kong to Bank of Singapore completes)
- UL -0.9% (provided update last week on Tax Case in Brazil; judicial review to be heard in a higher court in Q)
Analyst comments:
- PNRA -1% (downgraded to Neutral from Outperform at Wedbush)
- C -1% (downgraded to Hold from Buy at Jefferies)
- QCOM -0.8% (removed from US 1 List at BofA/Merrill)
- WFC -0.6% (downgraded to Hold from Buy at Jefferies)