Gapping down
In reaction to disappointing earnings/guidance: BGFV -15.3%, (also increases quarterly cash dividend by 25% to $0.125/share ), GBSN -14.7%, (also files for 85 mln share common stock offering by certain selling stockholders upon the conversion of senior secured convertible notes issued in the note financing), NWPX -9.9%, (light volume), ICAD -7.4%, (ticking lower), MON -5.1%, LOGI -2.8%, TIVO -2.6%, SQM -1.5%, EPIQ -1.2%, (light volume), VEEV -1.1%, PPL -0.9%, TPUB -0.9%, ASNA -0.6%
M&A news: BUD -2.1% (to sell SABMiller's (SBMRY) 49% interest in China Resources Snow Breweries to China Resources Beer for $1.6 bln)
Select oil/gas related names showing early weakness: SDRL -5.2%, WTI -3.7%, TOT -1.5%, RDS.A -0.9%
Other news: WFT -5.5% (upsizes and prices 100 mln ordinary shares at $5.65 per share; offering upsized from 80 mln prior), COT -5.2% (Cott prices 11.1 mln common shares at $11.80/share on a bought deal basis), CHK -4.7% (Chesapeake Energy former CEO Aubrey McClendon indicted on conspiracy charges, according to Bloomberg; issues statement following Indictment of former CEO Aubrey McClendon, says 'does not expect to face criminal prosecution or fines relating to this matter'), CNX -3.6% (American Water Works to replace CONSOL Energy in the S&P 500), SRCL -2.1% ( files to delay its 10-K), FRT -1.9% (prices public offering of 1 mln shares of common stock at $150/share), GLPG -1.3% (Galapagos NV receives transparency notice from Johnson & Johnson (JNJ), J&J holding's fall below 5% threshold)
Analyst comments: JOY -2.8% (downgraded to Sell form Hold at Axiom Capital), CVGW -2.3% (downgraded to Neutral from Buy at DA Davidson)
In reaction to disappointing earnings/guidance: BGFV -15.3%, (also increases quarterly cash dividend by 25% to $0.125/share ), GBSN -14.7%, (also files for 85 mln share common stock offering by certain selling stockholders upon the conversion of senior secured convertible notes issued in the note financing), NWPX -9.9%, (light volume), ICAD -7.4%, (ticking lower), MON -5.1%, LOGI -2.8%, TIVO -2.6%, SQM -1.5%, EPIQ -1.2%, (light volume), VEEV -1.1%, PPL -0.9%, TPUB -0.9%, ASNA -0.6%
M&A news: BUD -2.1% (to sell SABMiller's (SBMRY) 49% interest in China Resources Snow Breweries to China Resources Beer for $1.6 bln)
Select oil/gas related names showing early weakness: SDRL -5.2%, WTI -3.7%, TOT -1.5%, RDS.A -0.9%
Other news: WFT -5.5% (upsizes and prices 100 mln ordinary shares at $5.65 per share; offering upsized from 80 mln prior), COT -5.2% (Cott prices 11.1 mln common shares at $11.80/share on a bought deal basis), CHK -4.7% (Chesapeake Energy former CEO Aubrey McClendon indicted on conspiracy charges, according to Bloomberg; issues statement following Indictment of former CEO Aubrey McClendon, says 'does not expect to face criminal prosecution or fines relating to this matter'), CNX -3.6% (American Water Works to replace CONSOL Energy in the S&P 500), SRCL -2.1% ( files to delay its 10-K), FRT -1.9% (prices public offering of 1 mln shares of common stock at $150/share), GLPG -1.3% (Galapagos NV receives transparency notice from Johnson & Johnson (JNJ), J&J holding's fall below 5% threshold)
Analyst comments: JOY -2.8% (downgraded to Sell form Hold at Axiom Capital), CVGW -2.3% (downgraded to Neutral from Buy at DA Davidson)