>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • CIE -14.4%, TLYS -12.5%, PN -12.3%, AMPH -10.1%, RYI -8.4%, PETX -6.5%, APRI -6.4%
  • GBT -4.5%, PPHM -3.1%, TPVG -2%, COUP -1.9%, HDS -1.7%, BLCM -0.6%
Select EU financial related names showing weakness:
  • RBS -4.5%, LYG -3.5%, BCS -2%, PSO -1.4%, DB -1.6%, HSBC -1.4%, SAN -0.9%
Select metals/mining stocks trading lower:
  • MT -1.6%, RIO -1.4%, VALE -1.3%, BHP -1%, HMY -0.9%, FCX -0.9%, AU-0.8%, AUY -0.8%, GFI -0.6%
Select oil/gas related names showing early weakness:
  • WLL -1.9%, SWN -1.7%, ESV -1.4%, MRO -1.3%, TOT -1.2%, RDS.A -1.1%,DVN -1.1%
Other news:
  • ANTH -32.3% (To offer and sell shares of its common stock and warrants to purchase shares of its common stock in an underwritten public offering)
  • AUPH -23.3% (Commences common stock offering)
  • ADPT -20.3% (Amends credit agreement, hires chief restructuring officer and financial advisor to advise the Board and management as they explore various strategic alternatives)
  • CBIO -16.4% (Files for $12 mln offering of Class A Units consisting of common stock and warrants and Class B Units consisting of shares of Series A Preferred Stock and warrants)
  • VRX -11% (Ackman's Pershing Square sells its stake)
  • KNDI -10.3% (Determines that some previously issued financial statements should no longer be relied upon)
  • LNTH -9.6% (To sell 3 mln shares of its common stock to be offered by certain of its existing stockholders)
  • DOC -3.8% (prices offering of 15 mln shares of common stock at $18.20 per share)
  • CORT -3.6% (Files for $200 mln mixed securities shelf offering, as well as 349k share offering by selling stockholders)
Analyst comments:
  • GLW -1.5% (downgraded to Neutral from Buy at Goldman)