Gapping down
In reaction to disappointing earnings/guidance: BBRY -7.8%, MRVL -4%, (files to delay Form 10-K, expects to incur a net loss for fiscal 2016)
M&A news: MAR -5.2% (Starwood Hotels confirms Anbang consortium has withdrawn offer; reaffirms commitment to merge with Marriott), HOT -4.2%
Select EU related names showing weakness: NVS -3.4%, VOD -2.9%, AZN -1.8%, HSBC -1.5%, SNY -1.5%, ABB-1.4%, SAP -1.3%, CCL -0.9%
Select metals/mining stocks trading lower: RIO -2.3%, BHP -2.2%, VALE -2.1%, FCX -1.8%, X -1.7%.
Select oil/gas related names showing early weakness: WLL -3.5%, SDRL -3.3%, TOT -3.1%, RDS.A -2.9%, BP -2.8%,CHK -2.2%.
Other news: SUNE -7.4% (discloses receipt of subpoena from the DOJ, informal inquiry from SEC), HLT -5% (in sympathy with HOT/MAR), VWR -3.5% (prices 8 mln common stock offering by selling stockholder Varietal Distribution Holdings at $26.00/share), GNCA -2.6% (following today's 95% gain amid cautious commentary from Biotech blogger Adam Feuerstein ),CHCT -2.4% (to sell 4.5 mln common shares in underwritten public offering), SNE -2.3% (Nikkei down 3.6% overnight),WYNN -1.3% (Macau Gaming Inspection and Coordination Bureau reported March gross gaming revenue down 16.3% YoY),TM -1.2% (Nikkei down 3.6% overnight), MPEL -0.7% (Macau related), LVS -0.6% (Macau related)
Analyst comments: CMG -1.8% (downgraded to Neutral from Buy at Goldman), AAL -1.5% (downgraded to Hold from Buy at Deutsche Bank), VIAB -1% (downgraded to Neutral from Buy at Citigroup)
In reaction to disappointing earnings/guidance: BBRY -7.8%, MRVL -4%, (files to delay Form 10-K, expects to incur a net loss for fiscal 2016)
M&A news: MAR -5.2% (Starwood Hotels confirms Anbang consortium has withdrawn offer; reaffirms commitment to merge with Marriott), HOT -4.2%
Select EU related names showing weakness: NVS -3.4%, VOD -2.9%, AZN -1.8%, HSBC -1.5%, SNY -1.5%, ABB-1.4%, SAP -1.3%, CCL -0.9%
Select metals/mining stocks trading lower: RIO -2.3%, BHP -2.2%, VALE -2.1%, FCX -1.8%, X -1.7%.
Select oil/gas related names showing early weakness: WLL -3.5%, SDRL -3.3%, TOT -3.1%, RDS.A -2.9%, BP -2.8%,CHK -2.2%.
Other news: SUNE -7.4% (discloses receipt of subpoena from the DOJ, informal inquiry from SEC), HLT -5% (in sympathy with HOT/MAR), VWR -3.5% (prices 8 mln common stock offering by selling stockholder Varietal Distribution Holdings at $26.00/share), GNCA -2.6% (following today's 95% gain amid cautious commentary from Biotech blogger Adam Feuerstein ),CHCT -2.4% (to sell 4.5 mln common shares in underwritten public offering), SNE -2.3% (Nikkei down 3.6% overnight),WYNN -1.3% (Macau Gaming Inspection and Coordination Bureau reported March gross gaming revenue down 16.3% YoY),TM -1.2% (Nikkei down 3.6% overnight), MPEL -0.7% (Macau related), LVS -0.6% (Macau related)
Analyst comments: CMG -1.8% (downgraded to Neutral from Buy at Goldman), AAL -1.5% (downgraded to Hold from Buy at Deutsche Bank), VIAB -1% (downgraded to Neutral from Buy at Citigroup)