>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
: PNR -3.3%, TISI -1.5%

M&A news: RDS.A -1.7% (confirms cash and share offer for BG Group (BRGYY))

Other news: TRCH -41.2% (VERY light volume, but announces it plans to divest certain of its Hunton Assets located in Logan and Kingfisher Counties, Oklahoma), AMZG -36.4% (announced entry into a Forbearance agreement with four holders, who collectively own or manage in excess of 50% of co's August notes), CBMG -10.5% (cont weakness), ATNM -10.3% (still checking; light volume), CPTA -6% (announced an offering of 3.5 mln shares of common stock; provides preliminary estimates of results as of April 7, 2015), CPTA -6% (announces an offering of 3.5 mln shares of common stock; provides preliminary estimates of results), LGF -5.9% (announced offering of 10 mln shares of common stock being sold by MHR Fund Management), MUX -4.7% (reported armed robbery at El Gallo 1 mine; an estimated 900 kg of gold-bearing concentrate containing ~7000 ounces of gold were stolen)), LBIO -4.2% (has flipped both pos and neg pre-mket -- announces that data from a metastatic cervical cancer study conducted by the National Cancer Institute was published in the Journal of Clinical Oncology), BIP -2.2% (announced $750.5 mln equity offering), TRCO -0.9% (proposed secondary offering of 9,240,073 shares of its Class A common stock by certain stockholders)

Analyst comments: WBMD -3.6% (downgraded to Sell from Neutral at Goldman), ANGI -3.1% (downgraded to Neutral from Buy at B. Riley & Co), RGC -1.3% (downgraded to Neutral from Buy at Janney), TSL -1.2% (downgraded to Neutral from Buy at BofA/Merrill), CMI -1% (downgraded to Neutral from Buy at Goldman -- Removed from Americas Buy List), YGE -1% (downgraded to Underperform from Neutral at BofA/Merrill), HCP -0.7% (initiated with an Underperform at BMO Capital), NEP -0.5% (downgraded to Neutral from Buy at Goldman )