>>> US Gapping Down

Gapping down
In reaction to disappointing earnings/guidance
: MIND -14.7%, FIVE -8.2%, JOY -7.8%, CTLT -6.8%, VRNT -6.1%, XCRA -4%, NEOS -3.1%, CIEN -1.1%, LE -0.5%, .


Select metals/mining stocks trading lower: GDX -1.6%, SLW -1.5%, GFI -1.4%, NEM -1.3%, AEM -1.2%, AU -1.2%, GG -1.2%

Other news: DSKX -15% (still checking), PBMD -10% (pulling back after recent run), RLI -2.2% (announced that President and COO Michael Stone will retire, effective Dec. 31, 2015; EVP Craig Kliethermes to assume that role at the beginning of 2016), DV -2.1% (disclosed that on August 28, 2015, it received a request for documents and information regarding published employment outcomes and earnings of DeVry University graduates from the Federal Student Aid office of the Department of Education), ETH -1.8% (co intends to raise up to $250 mln of long-term debt financing), SDRL -1.3% (still checking), GPRO -1.2% (cont weakness), NFLX -1.2% (cont weakness), CAT -0.8% (in symp with JOY), HY -0.8% (co expects global lift truck markets expected to decline in H2 2015, with demand levels mixed by region)

Analyst comments: KERX -6.8% (initiated with a Sell at Citigroup), RARE -3.5% (initiated with a Sell at Citigroup), EMR -1.7% (downgraded to Sell at Goldman), SDRL -1.2% (downgraded to Underperform at Credit Suisse), PYPL -0.1% (initiated with a Underperform at Credit Agricole)