>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • HELE -6.8% (Q4 rev at high end of range) AZZ -0.1%

Other news:

  • PCG -9.4% (continued weakness)
  • NLY -2.8% (to make public offering of 75 mln shares of common stock)

Analyst comments:

  • MAXR -9.1% (three downgrades following satellite failure)
  • FTR -7.4% (Wells d/g to Underperform)
  • SPWR -0.5% (initiated with Underweight at Barclays)
  • MA -0.4% (BAML d/g to Neutral)