Gapping down
In reaction to disappointing earnings/guidance: BLOX -40% (also downgraded by multiple analysts), BNNY -11.5% (also Annie's downgraded to Neutral from Outperform at Credit Suisse; tgt lowered to $36 from $54), RAX -11.4% (also announces CEO retiring), DF -7.9%, AMKR -7.9%, QLYS -7.3% (light volume), CSIQ -6.7% (also announces the concurrent offerings of 2,600,000 common shares and us$100 million convertible senior notes), CAG -5.5%, GWR -5% (light volume), BCS -4.9%, CPST -3.7%, DSW -3.6% ( also announced Douglas Probst, Chief Financial Officer will be retiring), KS -3.2%, NUAN -2.9%, ZTS -2.9%, PXD -2.6%, WBMD -2.5% (raises share buyback program by $50 mln), MAS -2.1%, URBN -1.7%, RAI -1% (ticking lower).
A few solar names are pulling following CSIQ results/offering news: YGE -1.3%, JASO -0.4%, TSL -0.2% .
Other news: WPX -7% (WPX Energy announces Q4 and FY13 results will include the impact of up to $1.5 bln in pre-tax impairment charges due to a decline in forward market natural gas prices), NMM -6.2% (announces public offering of 5.5 mln common units), MGNX -3.3% (announces proposed public offering of 2.5 mln shares of common stock; 1.5 mln being offered by MacroGenics, 1 mln by existing shareholders), GRPN -3.1% (Groupon discloses Jeffrey Holden, SVP - Product Management, will leave the company effective March 18, 2014), TSU -2.8% (still checking), GEO -2.7% (following late weakness on California judge ruling that may reduce crowding in its prison system), IRWD -2.5% (announces $150 mln public offering of common stock), STON -2% (priced 2 mln common units representing limited partner interests in StoneMor at a price to the public of $24.45/unit), ASTM -1.2% (files for ~1.75 mln share common stock offering by selling shareholders), ATO -1.2% ( announces public offering of 8 mln shares of common stock).
Analyst comments: CARB -4% (downgraded to Perform from Outperform at Oppenheimer), ALU -3.2% (downgraded to Equal Weight from Overweight at Morgan Stanley), SOHU -2.9% (downgraded to Underweight from Equal Weight at Morgan Stanley), X -2.7% (downgraded to Sell from Neutral at Citigroup ), KBH -1% (downgraded to Underperform from Market Perform at Raymond James),CCL -0.8% (downgraded to Underperform from Hold at Jefferies)
A few solar names are pulling following CSIQ results/offering news: YGE -1.3%, JASO -0.4%, TSL -0.2% .
Other news: WPX -7% (WPX Energy announces Q4 and FY13 results will include the impact of up to $1.5 bln in pre-tax impairment charges due to a decline in forward market natural gas prices), NMM -6.2% (announces public offering of 5.5 mln common units), MGNX -3.3% (announces proposed public offering of 2.5 mln shares of common stock; 1.5 mln being offered by MacroGenics, 1 mln by existing shareholders), GRPN -3.1% (Groupon discloses Jeffrey Holden, SVP - Product Management, will leave the company effective March 18, 2014), TSU -2.8% (still checking), GEO -2.7% (following late weakness on California judge ruling that may reduce crowding in its prison system), IRWD -2.5% (announces $150 mln public offering of common stock), STON -2% (priced 2 mln common units representing limited partner interests in StoneMor at a price to the public of $24.45/unit), ASTM -1.2% (files for ~1.75 mln share common stock offering by selling shareholders), ATO -1.2% ( announces public offering of 8 mln shares of common stock).
Analyst comments: CARB -4% (downgraded to Perform from Outperform at Oppenheimer), ALU -3.2% (downgraded to Equal Weight from Overweight at Morgan Stanley), SOHU -2.9% (downgraded to Underweight from Equal Weight at Morgan Stanley), X -2.7% (downgraded to Sell from Neutral at Citigroup ), KBH -1% (downgraded to Underperform from Market Perform at Raymond James),CCL -0.8% (downgraded to Underperform from Hold at Jefferies)