Gapping down
In reaction to disappointing earnings/guidance: IPAR -6.8%, CVA -6.4%, URI -5.6%, SHPG -3.5%, CAT -3.5%, VAC -3%, PLCM -2.6%, CYS -2.6%, AGEN -2.6%, CAB -2.6%, POOL -2.4%, AXP -2.1%, QCOM -1.9%, ( announces strategic realignment plan), TSCO -1.9%, TCBI -1.5%, DFS -1.3%, DFRG -1.3%, MMM -1.1%, DLB -1%, XLNX -1%, DNKN -0.9%, ATTU -0.9%,CMCSA -0.8%
M&A news: MYL -1.8% (Bloomberg discusses that Mylan (MYL) independent foundation wants to stop hostile takeover by TEVA), TEVA -1.3%
Other news: TEX -2.5% (in symp with CAT), JOY -1.6% (in symp with CAT), PEGI -1.1% (prices 5,435,000 shares of common stock at $23.00 per share), ATTU -0.9% (filed for $50 mln mixed securities shelf offering; also filed for offering of ~850k ordinary shares for selling shareholders), DE -0.8% (in symp with CAT)
Analyst comments: HTZ -2.2% (downgraded to Underweight from Equal-Weight at Morgan Stanley), WDC -1.3% (downgraded to Equal-Weight from Overweight at Morgan Stanley), BT -0.9% (downgraded to Underperform to Neutral at Macquarie), QLGC -0.9% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
In reaction to disappointing earnings/guidance: IPAR -6.8%, CVA -6.4%, URI -5.6%, SHPG -3.5%, CAT -3.5%, VAC -3%, PLCM -2.6%, CYS -2.6%, AGEN -2.6%, CAB -2.6%, POOL -2.4%, AXP -2.1%, QCOM -1.9%, ( announces strategic realignment plan), TSCO -1.9%, TCBI -1.5%, DFS -1.3%, DFRG -1.3%, MMM -1.1%, DLB -1%, XLNX -1%, DNKN -0.9%, ATTU -0.9%,CMCSA -0.8%
M&A news: MYL -1.8% (Bloomberg discusses that Mylan (MYL) independent foundation wants to stop hostile takeover by TEVA), TEVA -1.3%
Other news: TEX -2.5% (in symp with CAT), JOY -1.6% (in symp with CAT), PEGI -1.1% (prices 5,435,000 shares of common stock at $23.00 per share), ATTU -0.9% (filed for $50 mln mixed securities shelf offering; also filed for offering of ~850k ordinary shares for selling shareholders), DE -0.8% (in symp with CAT)
Analyst comments: HTZ -2.2% (downgraded to Underweight from Equal-Weight at Morgan Stanley), WDC -1.3% (downgraded to Equal-Weight from Overweight at Morgan Stanley), BT -0.9% (downgraded to Underperform to Neutral at Macquarie), QLGC -0.9% (downgraded to Equal-Weight from Overweight at Morgan Stanley)