>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
: OCLS -15.3%, SZYM -15%, CPSI -11.9%, OCN -11.6%, SYNA -11.1%, OUTR -10%, (appoints Erik Prusch as its Chief Executive Officer, effective July 31, 2015), INT -8.9%, QLGC -7.7%, TSYS -7.6%, FLR -7.5%, (announces agreement to divest 50% of its shares in Fluor S.A, to a leading multinational Spanish construction company for EUR 39 mln ), LNKD -6.7%, HBI -6.6%, COHR -6.4%, FEYE -4.9%, OMCL -4.5%, SQI -4.3%, CHEF -3.8%, GIL -3.8%, BCOV -3.7%, SAM -3.2%, RLGY -2.9%, MTD -2.8%, EA -2.4%, COHU -2.1%, MERC -1.9%, EGO -1.9%, KCG -1.8%, XOM -1.7%, TNAV -1.3%, AMCC -1.1%, WY -1.1%, BPL -1%

Select metals/mining stocks trading lower: FCX -2.3%, GOLD -1.5%, SLV -1.1%, GG -0.9%, GFI -0.8%, BHP -0.1%

Select oil/gas related names showing early weakness: FRO -2.8%, STO -2.7%, PBR -2.6%, SDRL -2.5%, BP -1.7%

Other news: RADA -32.4% (prices a public offering of 6,910,569 of its ordinary shares at$1.23/share), MILL -28% (NYSE to suspend trading immediately in Miller Energy Resources and commence delisting proceedings), RAS -6% (commences an underwritten public offering), Q -1.4% (launches a 7 mln share secondary offering of common stock, by stockholders that include Bain Capital Investors)

Analyst comments: Z -2.5% (downgraded to Underperform from Market Perform at Cowen), SSYS -1.4% (downgraded to Underperform from Neutral at BofA/Merrill; downgraded to Sell from Neutral at UBS), MDLZ -0.6% (downgraded to Neutral from Buy at Goldman)