Gapping down
M&A news: KND -1% (to commence all-cash tender offer to acquire all outstanding shares of Gentiva Health Services for $14.50/share; launches 9 mln share offering of common stock), SHPG -3.1% (ongoing M&A speculation)
Select financial related names showing weakness: UBS -1.1%, DB -1%, BBVA -0.8% (downgraded to Equal Weight from Overweight at Barclays). .
Metals/mining stocks trading lower: IAG -3.8%, CDE -1.7%, MT -1.5%, BHP -1.3%, GDX -1.2%, SLW -1%, GOLD -1%, AU -0.8%, GLD -0.6%.
Select oil/gas related names showing early weakness: YPF -2.5%, STO -1.7%, TOT -0.8%, SDRL -0.7%, BP -0.6% .
Other news: CALL -6% (light volume; still checking), DRL -3.9% (still checking), KONA -3.5% (is offering to sell 2,000,000 shares of its common stock in an underwritten public offering), MRIN -3.5% (files for ~1.72 mln share common stock offering by selling shareholders), QIWI -1.7% ( prices public offering ), MHR -0.9% (disclosed it is increasing its offer consideration for the shares of Ambassador and is no longer making the offer subject to any closing conditions), RH -0.6% (announced its intention to offer $300 million aggregate principal amount of convertible senior notes due 2019 in a private placement), TSLA -0.3% (following yesterday's 18 point/9% move higher; NY Governor Cuomo signs legislation on agreement between automobile dealers and Tesla Motors).
Analyst comments: TRV -1.2% (downgraded to Market Perform from Outperform at BMO Capital ), HIMX -4.4% (downgraded to Sell from Neutral at UBS), BRCM -0.7% (downgraded to Hold from Buy at Benchmark ),
Select financial related names showing weakness: UBS -1.1%, DB -1%, BBVA -0.8% (downgraded to Equal Weight from Overweight at Barclays). .
Metals/mining stocks trading lower: IAG -3.8%, CDE -1.7%, MT -1.5%, BHP -1.3%, GDX -1.2%, SLW -1%, GOLD -1%, AU -0.8%, GLD -0.6%.
Select oil/gas related names showing early weakness: YPF -2.5%, STO -1.7%, TOT -0.8%, SDRL -0.7%, BP -0.6% .
Other news: CALL -6% (light volume; still checking), DRL -3.9% (still checking), KONA -3.5% (is offering to sell 2,000,000 shares of its common stock in an underwritten public offering), MRIN -3.5% (files for ~1.72 mln share common stock offering by selling shareholders), QIWI -1.7% ( prices public offering ), MHR -0.9% (disclosed it is increasing its offer consideration for the shares of Ambassador and is no longer making the offer subject to any closing conditions), RH -0.6% (announced its intention to offer $300 million aggregate principal amount of convertible senior notes due 2019 in a private placement), TSLA -0.3% (following yesterday's 18 point/9% move higher; NY Governor Cuomo signs legislation on agreement between automobile dealers and Tesla Motors).
Analyst comments: TRV -1.2% (downgraded to Market Perform from Outperform at BMO Capital ), HIMX -4.4% (downgraded to Sell from Neutral at UBS), BRCM -0.7% (downgraded to Hold from Buy at Benchmark ),