Gapping down
In reaction to disappointing earnings/guidance: BRDR -21.6%, SALE -21.5%, (also announces CFO transition), LF -13.4%, HLF -13.3%, S -12.3%, CHGG -9.4%, KORS -7.2%, DISH -6.9%, REGN -6.9%, GDP -5.4%, AYR -4.8%, PQ -4.5%, ACHN -3.9%, SAJA -3.5%, RRST -3.5%, VSI -3.4%, CKP -3.2%, ANV -2.9%, SD -2.9%, LCI -2.5%, BEP -2%, EGAN -1.9%, SC -1.8%, CRK -1.7%, CYH -1.4%, BXE -1.3%, BNS -0.9%, NOR -0.7%
Select metals/mining stocks trading lower: EOG -4.1%, AU -2.8%, MT -2.2%, SU -2.2%, VIV -2%, HMY -1.7%
Select oil/gas related names showing early weakness: SDRL -4.2%, UPL -3.2%, APC -2.5%, HAL -2.3%, BHI -2.1%, OXY -1.9%, SLB -1.9%, TOT -1.8%, RIG -1.7%, DO -1.5%, NOV -1.5%, RDS.A -1.5%, BP -1.3%
Other news: UMPQ -3.7% (announced the commencement of a secondary public offering), OIBR -3.6% ( disclosed it reiterated that it engaged Banco BTG Pactual S.A. to develop viable structure and funding alternatives), HTA -3.5% ( announces public offering of 8 mln shares of common stock), STO -3.4% (announces execution of debt capital market transactions), FL -3.2% (CEO Ken Hicks to retire; Richard Johnson named CEO), HMC -3.2% (sales fall 5.8% in October, according to reports), DCT -3% (announces public offering of 13.5 mln common shares ), NUS -2.5% (in symp with HLF), HLT -2% (prices 90 mln shares of common stock by certain selling stockholders affiliated with The Blackstone Group (BX) at $25.00 per share), VPCO -1.8% (following 28%+ move higher yesterday), RCL -1.4% (agreed to repurchase 3.5 mln shares of common stock of the company held by Awilhelmsen AS ), NWE -1.1% (announces proposed offering of up to $348 million of its common stock), LVS -0.8% (files Automatic Mixed Securities Shelf ), JPM -0.6% (updated in its 10-Q filing the range of possible losses for legal proceedings to $0 to $5.9 bln from $0 to $4.6 bln)
Analyst comments: NMM -3.4% (downgraded to Underweight from Equal-Weight at Morgan Stanley), TMUS -2.3% (resumed with a Underperform at BofA/Merrill ), NOK -1.6% (downgraded to Underperform from Mkt Perform at Bernstein), SON -1.5% (downgraded to Neutral from Buy at BofA/Merrill ), VLY -1.3% (downgraded to Neutral from Buy at Guggenheim), OI -1.3% (downgraded to Underperform from Neutral at BofA/Merrill), MGI -1.2% (downgraded to Sell from Hold at Evercore)