Gapping down
In reaction to disappointing earnings/guidance: REGI -15.7%, EFII -4.2%, IBM -4.1%, SAP -4.1%, DEO -3.8%, MAT -3.6%, NSR -3.4%, (light volume), GOOG -2.6%, SLM -2%, AXP -0.6%, KSU -0.2%, COF -0.2% (light volume), UNH -0.2% (light volume).
Tech/internet names under pressure following heavyweight GOOG disappointing results: YELP -1.9%, YY -1.5%, QIHU -0.9%, BIDU -0.9%, FB -0.9%, PCLN -0.9%, AMZN -0.8%, LNKD -0.5%, TWTR -0.5%, SINA 0.8%, .
Select metals/mining stocks trading lower: BHP -1.2% (Bloomberg discusses that BHP spinoffs may not increase profits), BBL -1.1%, RIO -1%, GOLD -0.9%, GDX -0.6%.
Other news: UEPS -20.6% (still checking for catalyst), SSN -8.7% (provides weekly operations update; announces equity placement), YOD -6.1% (cautious blog mention), SNH -5.6% (announces proposed public offering of 12 mln common shares), SYNM -4.3% (followiong REGI results), BKS -3.2% (still checking), MPET -2% (receives the final AUD $5 mln payment contemplated by the Share Sale and Purchase Deed entered into with Central Petroleum for the sale of the co's onshore Australia assets), UL -1.6% (following DEO results), HMC -1.6% (still checking), SPWR -1.3% (disclosed certain holders of the Debentures exercised their rights to convert their Debentures into shares; SunPower issued a total of ~7.1 mln shares ), BUD -0.9% (following BUD and REMYF results), HPQ -0.7% / ORCL -0.3% / MSFT -0.5% (following IBM results), V -0.4% (following AXP / COF results).
Analyst comments: NGLS -1.3% (downgraded to Hold from Buy at Jefferies), SO -0.5% (downgraded to Sector Perform from Outperform at RBC Capital), SDRL -0.4% (downgraded to Neutral from Buy at BofA/Merrill)
Tech/internet names under pressure following heavyweight GOOG disappointing results: YELP -1.9%, YY -1.5%, QIHU -0.9%, BIDU -0.9%, FB -0.9%, PCLN -0.9%, AMZN -0.8%, LNKD -0.5%, TWTR -0.5%, SINA 0.8%, .
Select metals/mining stocks trading lower: BHP -1.2% (Bloomberg discusses that BHP spinoffs may not increase profits), BBL -1.1%, RIO -1%, GOLD -0.9%, GDX -0.6%.
Other news: UEPS -20.6% (still checking for catalyst), SSN -8.7% (provides weekly operations update; announces equity placement), YOD -6.1% (cautious blog mention), SNH -5.6% (announces proposed public offering of 12 mln common shares), SYNM -4.3% (followiong REGI results), BKS -3.2% (still checking), MPET -2% (receives the final AUD $5 mln payment contemplated by the Share Sale and Purchase Deed entered into with Central Petroleum for the sale of the co's onshore Australia assets), UL -1.6% (following DEO results), HMC -1.6% (still checking), SPWR -1.3% (disclosed certain holders of the Debentures exercised their rights to convert their Debentures into shares; SunPower issued a total of ~7.1 mln shares ), BUD -0.9% (following BUD and REMYF results), HPQ -0.7% / ORCL -0.3% / MSFT -0.5% (following IBM results), V -0.4% (following AXP / COF results).
Analyst comments: NGLS -1.3% (downgraded to Hold from Buy at Jefferies), SO -0.5% (downgraded to Sector Perform from Outperform at RBC Capital), SDRL -0.4% (downgraded to Neutral from Buy at BofA/Merrill)