Gapping down
In reaction to disappointing earnings/guidance: LIQT -40.2%, MERU -4.1%, MDCO -3.4%, (to offer $300 mln of Convertible Senior Notes due 2022; disclosed that it expects on a preliminary basis that its net revenue for 2014 will remain within the range of its previously announced guidance of $720-735 million, but expects it to be at the lower end of that range), MU -2%, LLY -1.6%,RPM -1.3%
Select metals/mining stocks trading lower: AG -2.5%, AUY -2%, AEM -1.8%, GDX -1.6%, SLV -1.1%, GOLD -0.9%, NEM -0.9%
Other news: KBIO -64.5% (reports top-line data for Phase 2 Study of KB001-A to treat pseudomonas aeruginosa lung infections in cystic fibrosis patients -- primary endpoint was not met), PT -8.4% (follow through from yday - Portugal authorities starting to investigate fraud at Portugal Telecom SGPS, according to report), HLF -7.9% (light volume - Bill Ackman (who is short) on CNBC says HLF will miss Q4 estimates and lower FY15 guidance due to deterioration in business (after he shined light on co's issues) and FX headwinds), WLT -6.3% (still checking), CDR -1.9% (will issue and sell 5 mln shares of its common stock in a public offering ), WG -1.5% (co made a payment of $32.75 mln to West African Gas Pipeline Company Limited on December 30, 2014; has now paid in full all sums due under the March 29, 2012 Settlement Agreement)
Analyst comments: SNY -2.5% (downgraded to Sell from Neutral at Citigroup ), MDSO -1.4% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey), TMK -0.9% (downgraded to Hold from Buy at Deutsche Bank), INFA -0.7% (downgraded to Sector Perform at RBC Capital Mkts), SINA -0.6% (downgraded to Sector Perform from Outperform at Pacific Crest ), KMT -0.5% (downgraded to Hold from Buy at KeyBanc Capital Mkts), FOSL -0.5% (downgraded to Underperform from Neutral at BofA/Merrill
)
In reaction to disappointing earnings/guidance: LIQT -40.2%, MERU -4.1%, MDCO -3.4%, (to offer $300 mln of Convertible Senior Notes due 2022; disclosed that it expects on a preliminary basis that its net revenue for 2014 will remain within the range of its previously announced guidance of $720-735 million, but expects it to be at the lower end of that range), MU -2%, LLY -1.6%,RPM -1.3%
Select metals/mining stocks trading lower: AG -2.5%, AUY -2%, AEM -1.8%, GDX -1.6%, SLV -1.1%, GOLD -0.9%, NEM -0.9%
Other news: KBIO -64.5% (reports top-line data for Phase 2 Study of KB001-A to treat pseudomonas aeruginosa lung infections in cystic fibrosis patients -- primary endpoint was not met), PT -8.4% (follow through from yday - Portugal authorities starting to investigate fraud at Portugal Telecom SGPS, according to report), HLF -7.9% (light volume - Bill Ackman (who is short) on CNBC says HLF will miss Q4 estimates and lower FY15 guidance due to deterioration in business (after he shined light on co's issues) and FX headwinds), WLT -6.3% (still checking), CDR -1.9% (will issue and sell 5 mln shares of its common stock in a public offering ), WG -1.5% (co made a payment of $32.75 mln to West African Gas Pipeline Company Limited on December 30, 2014; has now paid in full all sums due under the March 29, 2012 Settlement Agreement)
Analyst comments: SNY -2.5% (downgraded to Sell from Neutral at Citigroup ), MDSO -1.4% (downgraded to Neutral from Buy at Sun Trust Rbsn Humphrey), TMK -0.9% (downgraded to Hold from Buy at Deutsche Bank), INFA -0.7% (downgraded to Sector Perform at RBC Capital Mkts), SINA -0.6% (downgraded to Sector Perform from Outperform at Pacific Crest ), KMT -0.5% (downgraded to Hold from Buy at KeyBanc Capital Mkts), FOSL -0.5% (downgraded to Underperform from Neutral at BofA/Merrill
)