Gapping down
In reaction to disappointing earnings/guidance: GV -22.8%, CLDN -6%, SPU -4.7%,AMCO -3.8%, ARGS -2.8%, ATOS -1%, APA -0.8%
M&A news: TCK -7.7% (Antofagasta (ANFGY) confirms that it is not in discussions with Teck Resources about a potential merger), LO -2.9% (NYPost details news that FTC may file lawsuit to block RAI / LO merger), PHG -2.1% (to sell majority interest in combined LED components and Automotive lighting business to consortium led by GO Scale Capital), RAI-1.9% (NYPost details news that FTC may file lawsuit to block RAI / LO merger)
Select metals/mining stocks trading lower: BHP -1.9%, RIO -1.7%, FCX -1.5%, AA-0.9%
Select oil/gas related names showing early weakness: SSL -3.5%, SDRL -2.4%, STO-2%, BP -1.8%, TOT -1.6%, RIG -1.4%, CHK -0.9%, HAL -0.8%, .
Other news: EGY -20.8% (provides update on operations offshore Angola), SNTA -17.2% (commenced an underwritten public offering of shares of its common stock), ICPT -5% ( announces that it is commencing an underwritten public offering of 1.2 mln shares of its common stock), INSM -4.7% (announces proposed public offering of common stock),INSM -4.7% (announces public offering of 10 mln shares of common stock), CONE -3% (commenced the public offering of 12,200,000 shares of its common stock), GRPN -2.6% (Reuters details news that KKR (KKR) and other firms may be discussions to purchase stake in South Korea Groupon (GRPN) unit), RPTP -2.3% (commenced an underwritten public offering of $75 million of shares of its common stock), NBG -2.3% (cont uncertainty in Greece), CHRS -1.6% (announces proposed public offering of common stock worth ~$100 mln), ICON -1.5% (disclosed that on March 24, 2015, CFO Jeff Lupinacci notified of his intention to resign, with 60 days' notice, to pursue another business opportunity), PRTK-0.8% (discloses update to previously announced patent infringement trial)
Analyst comments: DB -1.9% (downgraded to Neutral at Credit Suisse), SLB -1.4% (downgraded to Market Perform from Outperform at Wells Fargo)
In reaction to disappointing earnings/guidance: GV -22.8%, CLDN -6%, SPU -4.7%,AMCO -3.8%, ARGS -2.8%, ATOS -1%, APA -0.8%
M&A news: TCK -7.7% (Antofagasta (ANFGY) confirms that it is not in discussions with Teck Resources about a potential merger), LO -2.9% (NYPost details news that FTC may file lawsuit to block RAI / LO merger), PHG -2.1% (to sell majority interest in combined LED components and Automotive lighting business to consortium led by GO Scale Capital), RAI-1.9% (NYPost details news that FTC may file lawsuit to block RAI / LO merger)
Select metals/mining stocks trading lower: BHP -1.9%, RIO -1.7%, FCX -1.5%, AA-0.9%
Select oil/gas related names showing early weakness: SSL -3.5%, SDRL -2.4%, STO-2%, BP -1.8%, TOT -1.6%, RIG -1.4%, CHK -0.9%, HAL -0.8%, .
Other news: EGY -20.8% (provides update on operations offshore Angola), SNTA -17.2% (commenced an underwritten public offering of shares of its common stock), ICPT -5% ( announces that it is commencing an underwritten public offering of 1.2 mln shares of its common stock), INSM -4.7% (announces proposed public offering of common stock),INSM -4.7% (announces public offering of 10 mln shares of common stock), CONE -3% (commenced the public offering of 12,200,000 shares of its common stock), GRPN -2.6% (Reuters details news that KKR (KKR) and other firms may be discussions to purchase stake in South Korea Groupon (GRPN) unit), RPTP -2.3% (commenced an underwritten public offering of $75 million of shares of its common stock), NBG -2.3% (cont uncertainty in Greece), CHRS -1.6% (announces proposed public offering of common stock worth ~$100 mln), ICON -1.5% (disclosed that on March 24, 2015, CFO Jeff Lupinacci notified of his intention to resign, with 60 days' notice, to pursue another business opportunity), PRTK-0.8% (discloses update to previously announced patent infringement trial)
Analyst comments: DB -1.9% (downgraded to Neutral at Credit Suisse), SLB -1.4% (downgraded to Market Perform from Outperform at Wells Fargo)