>>> US Gapping down

Gapping down

In reaction to disappointing earnings/guidance: BPI -12.1%, CLB -4.8%, DRH -1.5%.

Other news: ETRM -6.8% ( files for $75 mln mixed securities shelf offering ), AEZS -3.8% ( announces 14.02 mln At the Market Issuance Program ), PGTI -3.2% (appoints Jeff Jackson as new President and Chief Operating Officer), AIG -2.4% (Hancock & Wintrob in lead for AIG CEO, according to reports ), E -1.2% (still checking), INSY -0.9% (continued weakness--see16:02 for color).

Analyst comments: BCS -2.2% (downgraded to Neutral from Outperform at Exane BNP Paribas, downgraded to Sector Perform at RBC Capital Mkts), NTAP -0.6% (downgraded to Mkt Perform from Outperform at Raymond James), DE -0.3% (downgraded to Underperform from Neutral at Longbow).