Gapping down
In reaction to disappointing earnings/guidance: AVNR -18.4% (also announced that PRIME, its phase II clinical trial of the investigational drug AVP-923 (dextromethorphan / quinidine) for the treatment of central neuropathic pain in patients with multiple sclerosis did not meet the primary efficacy endpoint), CENT -9.4% (light volume), LH -6.7%, JOY -4.4%, MIND -2.8% (light volume),COST -2.5%, CNI -1.1%, HRB -1%.
Select metals/mining stocks trading lower: AU -3.2%, GOLD -2%, BHP -0.9%, GDX -0.6%, SLV -0.5%, VALE -0.5%, BBL -0.4%, GLD -0.3%.
Other news: GEVO -20.5% (announces proposed public offerings of common stock, convertible senior notes and warrants), ALSN -5% ( announces sale of 12.5 mln shares of common stock by selling stockholders), AWAY -3.5% (announces intention to file registration statement for public offering of common stock: HomeAway to offer 5.5 mln, selling stockholders to offer 518,630; Bloomberg discusses that AWAY may be a possible takeover target by Priceline (PCLN) or other travel cos ), EJ -3.3% (announces proposed offering of $180 mln convertible senior notes), TTM -2.8% (still checking), RBS -2.4% (confirms Bostock to resign as Group Finance Director), IEP -1.7% (mentioned cautiously in Barron's), CHL -1.6% (still checking), TRLA -1.5% (intends to offer $150 million aggregate principal amount of its convertible senior notes due 2020), DGX -1.5% (following LH results), POST -0.4% (announces pricing of convertible preferred stock), TA -0.4% (prices public offering of 6.5 mln common shares at $9.25 per share), GSK -0.4% ( to invest GBP 200 mln into UK manufacturing, according to reports ), CAT -0.3% (following JOY results), .
Analyst comments: BBRY -3.2% (assumed with Sell from Neutral at Citigroup), BRCD -1% (initiated with a Sell at Citigroup ), CSCO -0.8% (initiated with a Sell at Citigroup)
Select metals/mining stocks trading lower: AU -3.2%, GOLD -2%, BHP -0.9%, GDX -0.6%, SLV -0.5%, VALE -0.5%, BBL -0.4%, GLD -0.3%.
Other news: GEVO -20.5% (announces proposed public offerings of common stock, convertible senior notes and warrants), ALSN -5% ( announces sale of 12.5 mln shares of common stock by selling stockholders), AWAY -3.5% (announces intention to file registration statement for public offering of common stock: HomeAway to offer 5.5 mln, selling stockholders to offer 518,630; Bloomberg discusses that AWAY may be a possible takeover target by Priceline (PCLN) or other travel cos ), EJ -3.3% (announces proposed offering of $180 mln convertible senior notes), TTM -2.8% (still checking), RBS -2.4% (confirms Bostock to resign as Group Finance Director), IEP -1.7% (mentioned cautiously in Barron's), CHL -1.6% (still checking), TRLA -1.5% (intends to offer $150 million aggregate principal amount of its convertible senior notes due 2020), DGX -1.5% (following LH results), POST -0.4% (announces pricing of convertible preferred stock), TA -0.4% (prices public offering of 6.5 mln common shares at $9.25 per share), GSK -0.4% ( to invest GBP 200 mln into UK manufacturing, according to reports ), CAT -0.3% (following JOY results), .
Analyst comments: BBRY -3.2% (assumed with Sell from Neutral at Citigroup), BRCD -1% (initiated with a Sell at Citigroup ), CSCO -0.8% (initiated with a Sell at Citigroup)