>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance: NSPH -24.3%, (announces commencement of public offering of common stock; reports upside prelim Q3 sales), LL -13.9%, CREE -13.7%, DDD -10.2%, ANGI -5.9%, VMW -5.3%, BTI -5%, WRLD -3.9%, MDCO -3%, BGS -2.5%, VASC -2.4%, BIIB -2.1%, DTLK -1.4%, BEAV -1.2%, .

Select EU related names showing weakness: TEF -1.5%, LYG -1.4%, SAP -1.4%, UL -1.3%, ALU -1.2%, SAN -1%, NOK -1%, NOK -1%, VOD -0.7%, ASML -0.6%

Select metals/mining stocks trading lower: HMY -2%, RIO -1.6%, MT -1.6%, VALE -0.3%, BHP -0.2%

Select oil/gas related names showing early weakness: SSLT -2.2%, SUSP -2%, STO -1.7%, TOT -1.4%, PBR -1.2%, BP -1.1%, RDS.A -0.7%, SDRL -0.5%

Other news: CALI -20.9% (notified it is not in compliance with Nasdaq Global Market listing requirements), HIMX -13.3% (announced Google has decided not to exercise its previously issued purchase option to make an additional investment into Himax's subsidiary), OCN -7.1% (after ~20% drop on NY DFS news--company confirmed after the close does not yet know how many such letters there were), ASPS -5.2% (after 10%+ move lower on OCN news), FST -2.4% (after 40% move higher yesterday), SSYS -2.4% (in symp with DDD guidance), BUD -1.3% (in symp with disappointing Heinekin (HEINY) earnings), DEO -1.3% (in symp with disappointing Heinekin (HEINY) earnings), TSLA -0.7% (Daimler restructures cooperation with Tesla -- Termination of share-price hedging and sale of 4% stake in Tesla -- Daimler to continue sourcing powertrain for Mercedes-Benz B-Class Electric Drive from Tesla)

Analyst comments: HL -2% (downgraded to Underperform from Mkt Perform at BMO Capital Mkts), CDE -1.4% (downgraded to Underperform from Mkt Perform at BMO Capital Mkts), OMC -0.9% (downgraded to Sell from Neutral at Goldman), KO -0.7% (downgraded to Sell from Hold at Societe Generale), FXCM -0.6% (initiated with a Underperform at Keefe Bruyette)