Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- EXFO -17%, PIR -5.3%, DRI -4.5%, SBLK -3.6%, TSCO -3.4%, (Tractor Supply lowers FY16 guidance, guides Q2 below consensus), BGCP -1.2%, XPLR -0.7%
Select EU financial related names showing weakness:
- DB -3.7% (Federal Reserve objected to the capital plans of Deutsche Bank Trust Corporation and Santander Holdings USA)
- SAN -2.6% (Santander Holdings USA issues statement on results of the Federal Reserve's CCAR confirming Federal Reserve objects to its proposed capital plan on a qualitative basis)
- RBS -5.9% and BCS -2.6%(trading lower in sympathy with EU bank peers)
Other news:
- SRNE -6.7% (files for ~32.3 mln share common stock offering by selling shareholders)
- ICPT -5.9% (announces a $400 mln underwritten public offering of convertible notes due 2023)
- BRX -4.5% (announces 20 mln share secondary offering of common stock by selling stockholders)
- BRX -4.5% (prices secondary offering of 20 mln shares of its common stock by selling stockholders at $26.15 per share)
- TSRO -3.1% (announces a $300 mln underwritten public offering of common stock)
- LPCN -1.6% (following 50%+ decline Wednesday)
- NSA -1.4% (upsizes and prices offering of 10,475,000 common shares at $20.75 per share)
Analyst comments: QCOM -1.6% (downgraded to Mkt Perform from Outperform at Bernstein)