Gapping down
In reaction to disappointing earnings/guidance: RAS -25.9%, OUTR -20.3%, UNFI -14.1%, TOL -4.3%, HQY -3%, CASY -2.5%, HRB -1.1%, GWPH -0.9%, HD -0.6%
Select EU financial related names showing weakness: DB -2.5%, ING -2.3%, HSBC -2.3%, SAN -2.1%
Select metals/mining stocks trading lower: MT -7.7%, VALE -7.1%, RIO -6.9%, BBL -6.4%, BHP -5.6%, CLF -4.2%, FCX -3.2%, AKS -2.9%, X -2.8%, AA -2%
Select oil/gas related names showing early weakness: SDRL -11.1%, CHK -4%, KMI -3.9%, PBR -3.7%, MRO -3.6%, RDS.A -2.6%, TOT -2.1%, BP -1.8%
Other news: GEVO -36% (announced a public offering of common stock and warrants), FELP -12.2% (provided update on bondholder litigation; discussions with bondholders and secured credit facility lenders; says 'discussions with the bondholders are unsuccessful, it could result in an adverse judgment being rendered'), KBIO -6.1% (still checking), CMG -4.5% (following report that Several basketball players are sick of E Coli after eating at CMG, CMG issued statement to CNBC said 'safety of customers a priority -Cleveland Circle store temp closed -no evidence yet to suggest e-coli'), VRX -3.6% (mulling a sale of its specialty contact lens manufacturing unit, according to Reuters), QCOM -3.1% (The EU sends two Statements of Objections on exclusivity payments and predatory pricing to Qualcomm), NFLX -3% (likely down with futures), WYNN -2.5% (Gaming stocks weak in HK trade), LVS -2.1% (Gaming stocks weak in HK trade), BABA -1.5% (likely down with futures), M -1.4% (likely down with futures)
Analyst comments: ODP -4.1% (target lowered to $7.50 from $11 at Telsey Advisory Group), PKI -3.9% (downgraded to Sell from Neutral at Goldman ), CG -3% (downgraded to Neutral from Buy at BofA/Merrill), CBOE -1.8% (downgraded to Underweight from Equal Weight at Barclays), APO -1.7% (downgraded to Neutral from Buy at BofA/Merrill), CUK -1.6% (downgraded to Hold at Numis ), IHG -1.3% (downgraded to Hold from Buy at Berenberg)
In reaction to disappointing earnings/guidance: RAS -25.9%, OUTR -20.3%, UNFI -14.1%, TOL -4.3%, HQY -3%, CASY -2.5%, HRB -1.1%, GWPH -0.9%, HD -0.6%
Select EU financial related names showing weakness: DB -2.5%, ING -2.3%, HSBC -2.3%, SAN -2.1%
Select metals/mining stocks trading lower: MT -7.7%, VALE -7.1%, RIO -6.9%, BBL -6.4%, BHP -5.6%, CLF -4.2%, FCX -3.2%, AKS -2.9%, X -2.8%, AA -2%
Select oil/gas related names showing early weakness: SDRL -11.1%, CHK -4%, KMI -3.9%, PBR -3.7%, MRO -3.6%, RDS.A -2.6%, TOT -2.1%, BP -1.8%
Other news: GEVO -36% (announced a public offering of common stock and warrants), FELP -12.2% (provided update on bondholder litigation; discussions with bondholders and secured credit facility lenders; says 'discussions with the bondholders are unsuccessful, it could result in an adverse judgment being rendered'), KBIO -6.1% (still checking), CMG -4.5% (following report that Several basketball players are sick of E Coli after eating at CMG, CMG issued statement to CNBC said 'safety of customers a priority -Cleveland Circle store temp closed -no evidence yet to suggest e-coli'), VRX -3.6% (mulling a sale of its specialty contact lens manufacturing unit, according to Reuters), QCOM -3.1% (The EU sends two Statements of Objections on exclusivity payments and predatory pricing to Qualcomm), NFLX -3% (likely down with futures), WYNN -2.5% (Gaming stocks weak in HK trade), LVS -2.1% (Gaming stocks weak in HK trade), BABA -1.5% (likely down with futures), M -1.4% (likely down with futures)
Analyst comments: ODP -4.1% (target lowered to $7.50 from $11 at Telsey Advisory Group), PKI -3.9% (downgraded to Sell from Neutral at Goldman ), CG -3% (downgraded to Neutral from Buy at BofA/Merrill), CBOE -1.8% (downgraded to Underweight from Equal Weight at Barclays), APO -1.7% (downgraded to Neutral from Buy at BofA/Merrill), CUK -1.6% (downgraded to Hold at Numis ), IHG -1.3% (downgraded to Hold from Buy at Berenberg)