>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
: TRUE -22%, TRN -17.1%,AFOP -14.1%, IMH -10.2%, VFC -7.8%, JWN -7.6%, AEG -5.4%, FLR -5.3%,SAM -5.1%, AEE -4.3%, CRMT -3.8%, FLS -3.6%, EQIX -3.2%, DE -3%, UAN-2.2%, CENX -1.9%, MDRX -1.6%, ARII -1.6%, ED -1.3%, MDCA -1.1%, KEYS-0.9%, XBKS -0.7%, .

M&A news: LXK -1.2% (gives update on search for strategic alternatives)

Select metals/mining stocks trading lower: MTL -6.6%, AU -3.5%, HMY-3.4%, GFI -2.5%, RIO -1.9%, FCX -1.8%, ABX -0.9%

Select oil/gas related names showing early weakness: LXK -1.2% (gives update on search for strategic alternatives)

Other news: GBX -9.4% (on TRN earnings), SXC -7.4% (ticks lower after confirming previously announced plan to suspend common stock dividend ),TRXC -3.8% (cont volatiliity pre-mkt ATW -2.9% ( cancels quarterly dividend ), NOK -1.3% (Shares have been issued in exchange for Alcatel-Lucent (ALU) shares in a private transaction), VOD -1.3% (places £2.88 bln of mandatory convertible bonds; issued in two tranches), TWTR -1.2% (still checking),CAT -0.9% (in symp with DE earnings), OLLI -0.9% (upsizes and prices 7,873,063 shares of common stock by certain selling stockholders at $19.75 per share)

Analyst comments: VRX -3.5% (initiated with a Underperform at Wells Fargo), SUNE -3.3% (downgraded to Neutral from Outperform at Credit Suisse).