Gapping down
Select Brazil related names showing weakness, attributed to weaker real as central bank pulls back on stimulus: GFA -8.6%, OIBR -4.4%, SBS -4.1%, VIV -4%, BBD -3.6%, PBR -2.8%, EWZ -2.7%, ERJ -2.6%, VALE -2.4%.
Select EU Banks stocks trading lower: DB -2.7%, SAN -2.5%, UBS -1.3%, LYG -1.3%, HSBC -0.9%.
Other news: GYRO -8.7% (trading ex-dividend as of Dec 31), DRYS -7.4% (intends to resume sales under its previously announced $200 million program of at the market issuances of its common shares), TKC -5.7% (may face TRY527.7 mln tax fine, according to reports), UNXL -5.1% (COO resigned effective December 31, 2013), CBMX -1.3% (files to sell 81,910 shares by the selling stockholders in S-3 filing), NOK -0.7% (HTC plans to appeal NOK patent ruling, according to reports).
Analyst comments: ADI -2.8% (downgraded to Sell from Neutral at Goldman and downgraded to Market Perform from Outperform at Wells Fargo), AMRS -2.5% (downgraded to Underperform from Market Perform at Cowen), NXPI -2% (downgraded to Neutral from Buy at Goldman), ONNN -1.8% (downgraded to Neutral from Buy at Goldman), ANF -1.6% (downgraded to Hold from Buy at Jefferies), ARO -1.4% (downgraded to Hold from Buy at Jefferies), AAPL -1% (downgraded to Market Perform from Outperform at Wells Fargo), ALTR -1% (downgraded to Neutral from Buy at Goldman).