>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
: GLOG -17.2%, INO -0.7%

Select EU financial related names showing weakness: BCS -2.2%, CS -2.1%, RBS -1.3%


Select oil/gas related names showing early weakness: WTI -12.9%, SDRL -5%, RIG -4.4%, WLL -3.4%, MRO -3.3%,DVN -2.4%, BP -2.2%, COP -1.3%, RDS.A -1.3%, HAL -0.9%

Other news: NQ -24.6% (vague rumors the pending sale of their FL Mobile unit have stalled, co schedule to be at investor conf today), MT -21.1% (may be related to Union/strike issues in Mexico), AVXL -7.7% (presents new data on preclinical development of ANAVEX 3-71; results demonstrate significant reversal in cognitive deficit, inflammation and Alzheimer's-like Amyloid pathology), LCI -7.3% (reviewing its sales projections for fiscal 2016 amid 'unanticipated market softness'), IDRA-4.4% (files ~49.413 mln share common stock shelf offering by selling stockholders)

Analyst comments: ALV -2% (downgraded to Sell from Hold at Evercore ISI), PNC -0.9% (downgraded to Neutral from Overweight at Atlantic Equities)