Gapping down
In reaction to disappointing earnings/guidance: CAJ -1.8% (light volume).
Brazil names lower on Rousseff Re-election news: PBR -14.9%, EWZ -9.3%, GFA -8.8%, ITUB -8.8%, EBR -8%, TSU -7.8%, CIG -7.2%, ABEV -6%, BAK -5.1%, VALE -5%, BSBR -3.0%, BBVA -2.5%, RIO -1.7%
Select financial related names showing weakness: NBG -4.8%, LYG -2.8% (downgraded to Underperform from Hold at Jefferies), CS -2.4%, RBS -2%, DB -1.4%, ING -0.8% (announced that ING Bank comfortably passed the Asset Quality Review and stress test which were part of the Comprehensive Assessment as conducted by the ECB and the European Banking Authority).
Select metals/mining stocks trading lower: RGLD -1.1% (downgraded to Neutral from Overweight at HSBC Securities), AU -1.5%, MT -1.5%, BBL -1.5%, BHP -0.7% (announces production costs and updates business costs at group locations), GOLD -0.3% (downgraded to Neutral from Overweight at HSBC Securities)
Select oil/gas sector showing early weakness with analyst downgrades weighing on select names: PE -3.8% (downgraded to Sell from Neutral at Goldman), SNP -2.8%, SDRL -2.3%, PTR -2.1%, DO -1.5% (downgraded to Sell from Neutral at Goldman), STO -1.5%, HAL -0.9% (removed from Conviction Buy list at Goldman).
Other news: SRPT -32.1% (announces regulatory update on Eteplirsen; FDA states further discussion needed to determine what constitutes a complete NDA submission; NDA submission planned for mid-year 2015), PANW -5.1% (cautious MadMoney mention), GPRO -5% (still checking), APT -4.4% (volatile Ebola name; still checking for anything specific), RGLS -3.3% (modestly pulling back), VOD -0.8% (Telegraph details possible investigation into wholesale trading at Vodafone), AMZN -0.6% (Amazon.com Germany workers may strike again, according to reports; Barron's profiles cautious view on Amazon)
Analyst comments: PCP -0.6% (downgraded to Neutral from Overweight at JP Morgan; downgraded to Outperform at RBC Capital Mkts), KO -0.6% (downgraded to Neutral from Buy at Buckingham Research; tgt lowered to $41 from $44).