>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • UNFI -18.7%, SFIX -8.5%, RPM -2.5%

M&A news:

  • PGNX -5.5% (to be acquired by Lantheus (LNTH) in all-stock deal)

Select metals/mining stocks trading lower:

  • RIO -3.2%, BHP -2.8%, MT -2.1%, FCX -1.2%, X -1.1%

Select oil/gas related names showing early weakness:

  • RDS.A -1.9%, TOT -1.9%, BP -1.7%, XOM -0.9%, SLB -0.6%, MPC -0.5%

Other news:

  • GO -8.7% (commences secondary offering by selling shareholders of 13 mln shares of common stock)
  • CLLS -3.6% (Cellectis and Lonza announce manufacturing service agreement)
  • SRPT -2.7% (competitor NS Pharma files with FDA for DMD candidate)

Analyst comments:

  • ETFC -4% (downgraded to Underweight from Overweight at Barclays)
  • MNST -3.4% (downgraded to Neutral from Buy at Guggenheim)
  • ATVI -2.6% (downgraded to Underperform from Mkt Perform at Bernstein)
  • SCHW -1.6% (downgraded to Underweight from Overweight at Barclays)