>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
: LAKE -8.4%, BOBE-6.1%, TAX -4.7%

Select metals/mining stocks trading lower: AUY -1.4%, SLW -1.3%,AU -1.1%, GFI -1%, ABX -0.6%, GDX -0.6%, NEM -0.5%


Other news: BSPM -10.7% (modestly pulling back following recent strength), SALT -5.6% (to offer 20 mln common shares through an underwritten public offering), HCLP -3.8% (upsizes and prices offering of 4,500,000 units for total gross proceeds of ~$48.6 million), SYRG -1.7% (announces the reaffirmation of the borrowing base for its revolving credit facility), ONCE -1.5% (prices offering by co and existing shareholders of 3,500,000 shares of its common stock $45.00 per share)

Analyst comments: WFM -2.5% (downgraded to Sell from Neutral at Northcoast), BBY -1.8% (downgraded to Neutral from Outperform at Credit Suisse), CSCO -1.7% (downgraded to Neutral from Buy at Goldman), INFI -1.5% (downgrade to Sector Perform at RBC Capital Mkts)