Gapping down:
In reaction to disappointing earnings/guidance: ODC -11.4%, LAYN -4.6%, EW -3.5% (reaffirms FY13 guidance, outlines growth strategy at annual investor conference), MCD -0.3%.
Other news: NIHD -10.6% (NII Holdings provides updates on its accelerated growth plan and business realignment efforts -- announces further restucturing), ARIA -6.6% (still checking), PHMD -5.4% (reported that no!no! marks sixth year on live television home shopping with successful launch of no!no! Pro3 during 24-hour event), WPRT -3.7% (following cautious comments on MadMoney),BAK -2.7% (still checking), QCOR -2.7% (continued weakness), BUD -1% (still checking), PWR -0.8% (sells equity ownership in Howard Energy for ~$221 mln ).
In reaction to disappointing earnings/guidance: ODC -11.4%, LAYN -4.6%, EW -3.5% (reaffirms FY13 guidance, outlines growth strategy at annual investor conference), MCD -0.3%.
Other news: NIHD -10.6% (NII Holdings provides updates on its accelerated growth plan and business realignment efforts -- announces further restucturing), ARIA -6.6% (still checking), PHMD -5.4% (reported that no!no! marks sixth year on live television home shopping with successful launch of no!no! Pro3 during 24-hour event), WPRT -3.7% (following cautious comments on MadMoney),BAK -2.7% (still checking), QCOR -2.7% (continued weakness), BUD -1% (still checking), PWR -0.8% (sells equity ownership in Howard Energy for ~$221 mln ).