>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
: XLRN -26.2%, JKS -8.5%, STNG -4.5%, BIOS -4.4%, GFA -2.8%, GTE -2%, PMC -2%, CORE -1.6%, OPK -1.4%, VNR -0.5%

Select financial related names showing weakness
: SSL -2.7%, TNP -2.7%, SDRL -1.9%, RDS.A -1%, RIG -1%, ESV -1%, .


Other news: LL -25.4% (60 Minutes profiles alleged health violations at LL), WBAI -13.3% (provides additional information on temporary suspension of sales by provincial sports lottery administration centers), GDP -8.5% (announces public offering of 12 mln shares of common stock), NBG -8.3% (cont pre-mkt vol), LPI -7.8% (announces 50 mln share offering of common stock), PCRX-7.7% (receives complete response letter from FDA for sNDA seeking approval of EXPAREL), NAVI -7.1% (co disclosed expiration of ED asset recovery contract and NY DFS Subpoena), KOOL -6.6% (receives notice of non-compliance with Nasdaq listing rule), KOS -5.3% (provides update on 2015 exploration drilling program), BAK -3% (signed with Petrobras (PBR) a new amendment to the petrochemical naphtha supply agreement with a 6-month duration), GPRO -2.4% (likely related to competitor Xiaomi launching a low-end action camera ), ROVI -2% (Co seeing financial adviser following activist pressure, according to reports), VIP -1.5% (VimpelCom and Wind Telecomunicazioni announce sale of majority stake in Wind tower subsidiary to Abertis Telecom), CARB -1.5% (j2 Global (JCOM) withdraws tender offer for Carbonite; currently intends to nominate candidates for election to the Board of Directors of Carbonite at 2015 annual meeting), NLSN -1.1% (announces secondary common stock offering by selling shareholders of 8 mln shares of common stock)

Analyst comments: AKAO -3.8% (downgraded to Underperform from Outperform at Credit Suisse), SCMP -3.5% (downgraded to Underperform from Neutral at Credit Suisse ), WTW -2.9% (downgraded to Underweight from Equal-Weight at Morgan Stanley), GEVA -2.8% (downgraded to Neutral from Overweight at JP Morgan), ISIS -2.7% (downgraded to Hold at Stifel), CBRL -1.3% (downgraded to Hold from Buy at Miller Tabak), WAC -1.3% (downgraded to Underperform from Mkt Perform at FBR Capital), PTCT -1.9% (downgraded to Neutral from Overweight at JP Morgan), SAVE -0.7% (downgraded to Hold from Buy at Stifel), CRM -1.3% (downgraded to Hold from Buy at Argus), OAS -1.3% (downgraded to Neutral from Buy at Guggenheim), JOY -1.9% (downgraded to Neutral from Buy at BofA/Merrill), SNY -0.9% (downgraded to Neutral at Exane BNP Paribas
)