>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
: EJ -9.4%, LEJU -8.9%, VIPS -5.3%, XUE -4.9%, BBSI -3.5%, KE -1.8%, SNSS -1%


Select metals/mining stocks trading lower: RIO -1.8%, HMY -1.7%, IAG -1.7%, AU -1.6%, BHP -1.5%, VALE -0.5%

Other news: CLF -10.9% (to pursue exit options for its Eastern Canadian operations), CLVS -7% (reported Interim data from rociletinib (CO-1686) Phase 1/2 study), RSH -3.5% (seeing reports that Monach has ended negotiations to take over a $140 mln loan), KKR -2.5% (may be considering PETM bid, according to reports), HMC -2.1% (related to Takata air bag recall), SDRL -2% (still checking), TTM -1.3% (related to Takata air bag recall), TRP -1.1% (Keystone Pipeline bill did not get 60 votes needed in Senate), FOLD -0.8% (prices 13,850,000 shares of its common stock at $6.50 per share)

Analyst comments: BBRY -5.7% (downgraded to Underweight from Equal-Weight at Morgan Stanley), TSLA -3% (Hearing Morgan Stanley cutting FY15 EPS below consensus), MOV -1.4% (downgraded to Mkt Perform from Outperform at Barrington Research), DNR -0.5% (downgraded to Hold at Wunderlich)